Resolvion Insights

At Resolvion, we believe that an important part of our role is to provide our clients with insights into current issues and best practices. To that end, we write articles, sponsor research, survey best practices and host industry events. Visit this section of our site regularly for updates.

Repo Agent Insurance

Are Your Repossession Agents Properly Insured?

Source: Monitor Daily       There are few actions that a lender takes that have more potential for legal or damage claims than a vehicle or equipment repossession.  Ensuring that your service providers have the right types and amounts of insurance coverage is critical to managing the risk.  While your contracts may be clear that…

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Repo Agent Insurance

Are Your Repossession Agents Properly Insured?

Source: Monitor Daily       There are few actions that a lender takes that have more potential for legal or damage claims than a vehicle or equipment repossession.  Ensuring that your service providers have the right types and amounts of insurance coverage is critical to managing the risk.  While your contracts may be clear that…
CFPB Consent Order Webinar

Webinar: Recent CFPB Consent Order: Implications to Lender Repossession Activity

The CFPB and a major auto finance company recently entered into a Consent Order relating to several of the major lender’s past practices.  A number of the issues addressed in the Order related to repossession activity.  While this particular action is related to the major lender, the Consent Order gives important clues on how the…
Know your repossession agent

Repossessing Collateral? Know Your Repossession Agent

Source: https://www.equipmentfa.com/blogs/31333/repossessing-collateral-know-your-repossession-agent   Anytime you must repossess collateral, the lender assumes meaningful risk. Involuntary repossession, by definition, is often a hostile situation that can lead to a host of problems. Given that courts have found repeatedly that lenders are responsible for the acts of their sub-contractors, it is critical that your organization ensures that repossession…
innovations in technology

Video: Innovations in Technology | Repossession Industry Panel Discussion

Watch The Video: **For the best video quality and display, watch in full screen mode. Panel: -Justin Zane of Recovery Database Network (RDN) -Andy Sinclair of International Recovery Systems (IRS) -Cort DeHart of MBSi Corp.   Host: -Michael Levison of Resolvion   The advancement repossession technology in the recovery industry over past several years has…
agent panel discussion

Video: Key Challenges for Repossession Agents | Agent Panel Discussion

Watch The Video: **For the best video quality and display, watch in full screen mode.   Panel: -Les McCook of American Recovery Association (ARA) -Bryanna Cox of Paradigm Recovery -Mike Pletz of International Recovery Systems (IRS)   Host: -Michael Levison of Resolvion   More repossession agencies are closing their doors every week. In this panel…

Resolvion Announces New Carlsbad, CA Facility

Carlsbad, CA, August 24, 2020 – Resolvion, a repossession management and skip-tracing services provider, recently moved into a larger facility in Carlsbad, CA., to support its strong growth in the marketplace. Carlsbad is a city near San Diego, located along the Pacific Ocean coastline. The new space is comprised of a 13,000 square feet office…