FOR IMMEDIATE RELEASE
July 14, 2016 – The National Consumer Law Center (http://www.nclc.org) is publishing a document promoting changes to the Uniform Commercial Code which would greatly effect the repossession process, sales, and delinquency balances. The NCLC are strong lobbyists in Washington and this has the potential to put huge burdens on the repossession industry…and to a greater degree, auto lenders.
We strongly suggest you read this, and pass this along to your clients, specifically your larger clients. This really could be a negative “game changer” and turn our industry upside down.
The lobbyists who represent the lenders can work collectively to oppose the recommendations set forth in this publication.