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.
Personal Property Practices – A Summary of a Recent Lender Survey
In the Fall of 2016, the Consumer Financial Protection Bureau issued their Supervisory Highlights which illuminated their opinions on the issue of charging borrowers for personal property inventory, removal and storage. Ever since, the lending and repossession world has been in a flux over how to manage the dirty, dangerous and unpleasant duty. To be…
ALS | Resolvion Opens Atlanta Location
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 Announced Repo Backed Collection Support Service
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…
Consumer Financial Services Becomes ALS | Resolvion
New Name Reflects Renewed Energy and Direction for Skip Trace and Collateral Recovery Company Consumer Financial Services (CFS), the 15 year old skip trace and collateral recovery company, has recently changed its name to ALS | Resolvion to better reflect its new vision and services. The name change is a small part of a larger…
Michael Levison Named Chief Executive Officer of Consumer Finance Services
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 Announces No Cost Equipment Valuation Service
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…
Tight Management of the Repossession Process – Today More Than Ever
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…