For Immediate Release 9/3/2015 – The Council of Repossession Professionals (CORP) has been asked to review the new contract issued by AmeriCredit Financial Services, Inc. [dba] GM Financial (“GMFinancial”) The CORP has serious concerns regarding some of the provisions in the contract. Read More!
FOR IMMEDIATE RELEASE Crown Point, Indiana – August 20th , 2015 – MVCONNECT, LLC (http://mvtrac.com/) and its divisions MVTRAC and MVRecovery have all chosen to endorse the Recovery Standard repossession company compliance program and online course for their repossession vendors. MVTRAC recommends Recovery Standard for annual training, testing and site inspections to all of their […]
Leading Compliance Management System Offers Lenders and Recovery Agents Access to Important Training, Education Materials FOR IMMEDIATE RELEASE TUCSON, AZ – August 12, 2015 – Continuing education and training is becoming a critical component of the auto lending industry. Regulators are requiring financial institutions and their service providers to conduct ongoing training for their […]
FOR IMMEDIATE RELEASE IRVING, Texas – August 12, 2015 – The North American Repossessors Summit (NARS), an industry event hosted by American Recovery Association, Inc. (ARA) and headline sponsor Harding Brooks Insurance, is proud to announce the theme for its eighth annual event, along with new sponsorship opportunities and lender meetings. Read More!
Review of the Larger Participant Rule for Non-Banks in the Auto Finance Market and the CFPB’s Examination Procedures FOR IMMEDIATE RELEASE TUCSON, Ariz. – July 28, 2015 – Starting August 31, the auto finance and recovery industries will be further scrutinized by the Consumer Financial Protection Bureau. How that additional regulatory authority will be […]
Stony Point, NY – July 16, 2015 – Daniel Haloi, a 24-year-old “Repo Technician”, is accused of criminal trespass in the second degree after allegedly repossessing a vehicle inappropriately. Read More!
FOR IMMEDIATE RELEASE Two hundred thirty-nine years ago a group of prominent individuals got together and created the great nation we live in today. They aspired to build a nation where people could freely voice their opinions and concerns in order to help better the world around them. One hundred eighty-eight years later (51 years […]
FOR IMMEDIATE RELEASE Litchfield Park, AZ – July 13, 2015 – Good morning everyone!. Don’t forget there are still two NorthLegal conferences coming up in the next few months! Read More!
New Sponsorship Options Available for Eighth Annual North American Repossessors Summit FOR IMMEDIATE RELEASE IRVING, Texas – July 6, 2015 – The North American Repossessors Summit (NARS), an industry event hosted by American Recovery Association, Inc. (ARA), is proud to announce sponsorship opportunities are now available for its eighth annual event, to be held April […]
Guest Editorial Repossession fees have been cut and cut to the point it is getting dangerous. It’s been shown time and time again, when you read these stories about repossessions gone bad, they happened when you have untrained people out there picking up cars and/or they are under undue stress to repossess that car because […]