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.
Resolvion Welcomes Mike Thomas as New Chief Executive Officer
FOR IMMEDIATE RELEASE Resolvion Welcomes Mike Thomas as New Chief Executive Officer Charlotte, NC, April 1, 2024 – Resolvion, a premier provider of repossession management solutions, is pleased to announce the appointment of Mike Thomas as its Chief Executive Officer. With a distinguished career in the financial services sector, Thomas brings to Resolvion…
Resolvion Launches Recovery Plus, A Seamless Repossession, Inspection, Valuation and Remarketing Service
Charlotte, NC, January 04, 2021 – Resolvion, one of the nation’s leading equipment repossession management firms, has expanded its services to provide customers with a comprehensive solution to equipment recovery and liquidation needs. This “end-to-end” program, called Recovery Plus includes Resolvion’s core repossession services as well as detailed inspections, equipment valuation, and remarketing. Certain services will…
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…
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…
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…
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…
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…