For Immediate Release
March 13, 2015 – The Council of Repossession Professionals established in 2013, has set forth the definition of a “Voluntary Repossession” as the Industry Standard.
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CORP Establishes Industry Standard Definition of Voluntary Repossession
2 thoughts on “CORP Establishes Industry Standard Definition of Voluntary Repossession”
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My lenders would disagree, they could care less if there’s keys, or if it’s got property in it. If it’s there and was sent as a vol, contact or not, we have to find a way to get it. moving forward, how does this help? I’d guess this happens at least 60% of the time.
Now what do we have to do to get all the lenders to agree with this industry standard ?