From Resolvion Insights
As American Recovery Association (ARA) Executive Director Les McCook summarized the situation of takebacks, “it’s a can of worms. For many years, if we picked up a car in Waco, Texas, they moved it to an auto auction in Dallas and people had to go to Dallas to get their car back. It was no big deal. But nowadays, that’s not happening,” McCook said. In today’s environment, state laws are in place where redemption must be completed in the jurisdiction where the repossession happened, not at an auto auction that might be many miles elsewhere.
The Growing Concern Surrounding Redemption Takebacks – Repossession – National Skip Trace & Repossession Management Services | Resolvion
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