Recent economic pressures have changed the landscape for how loan defaults will be managed. Lenders and repossession agents now face an even greater threat of legal action from debtors. In contrast to ...
Unfortunately, buying a car usually requires a sizeable loan, along with regular payments that must be made on time. If you're struggling to keep up with your lender, you're not alone. According to ...
When an account falls into default and results in repossession, the impact extends well beyond the loss of the asset. That negative mark becomes part of the borrower’s credit history and can shape how ...
Earlier this year, a joint announcement from three of the largest repossession organizations — Allied Finance Adjusters, American Recovery Association and Eagle Group XX — reiterated their definitions ...