News

ALS | Resolvion, a leading provider of collateral recovery services to commercial lenders, today announced the availability of a powerful new tool to help commercial lenders recovery missing transportation assets. Over the few years, the automobile repossession industry has been revolutionized by the use of license plate recognition (LPR) technology that allows for instant/real time…

ALS | Resolvion, a national skip trace and collateral recovery firm serving both commercial and consumer lending clients, announced the relocation and expansion of their Atlanta service center. The new facility provides triple the capacity of the existing operation and will ensure that ALS | Resolvion is able to keep pace with the rapid growth…

Michael Levison, CEO of ALS | Resolvion, will be speaking at ELFA’s 49th Annual Conference – October 24 – 26, 2010 in Boca Raton, Florida. His remarks will focus on strategies for optimizing results from repossession efforts and mitigating the risk of those efforts. Included in his presentation will be a best practices model for…

ALS | Resolvion, the collateral recovery and transport firm, today announced the national availability of a unique collection service focused on small outstanding balances where the lender still holds title to the underlying collateral. National availability was announced after the completion of successful test programs with two of ALS | Resolvion’s major clients. The service,…

ALS | Resolvion, the nationwide skip trace and collateral recovery firm, today announces the opening of its Atlanta service center to help support its growing case load. The new center is the company’s first office outside of Connecticut. “We have been fortunate to grow market share with existing clients as well as to add several…

ALS | Resolvion, a leader in providing loss mitigation and collateral recovery services to commercial lenders, announced today a new collection support service designed to help lenders reduce delinquencies and deficiency balance charge offs. The service is intended to be used in the later stages of a lender’s internal collections process. Rather than sending the…

Peachtree Equity Partners names 30-year financial services veteran Michael Levison as Chief Executive Officer of Consumer Financial Services a commercial and consumer collateral recovery and debt resolution company. Levison comes to ALS | Resolvion from ReMark Americas where he served as CEO over the insurance marketing firm’s North and South American business for eight years.…

ALS | Resolvion, a leading provider of collateral recovery services to commercial lenders today announced the availability of a valuation service designed to help clients make more informed decisions regarding whether or not to repossess equipment. The ValueNow service is not intended to provide a detailed valuation of the equipment, but rather to provide an…

These are very difficult times for the repossession industry. Most commercial lenders report assignment volume down 60%-80% from the 2008-2009 peak. Many fine recovery agencies are struggling to survive. When times are tough, the temptation to cut corners can be strong. At the same time, regulators are putting more pressure on lenders to take a…

As the Consumer Federal Protection Bureau (CFPB) starts to turn up the heat on lenders, regulatory compliance by your third party vendors is more important than ever.  In fact, the CFPB recently issued guidelines to lenders regarding proper vendor management practices. In order to give our clients complete comfort on this issue, in this rapidly…