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.

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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…

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Part I of recovery commentary: Skip-tracing strategy and measuring value

Author: Joel Kennedy, NAF Association Source: SubPrime Auto Finance News   Editor’s note: This commentary is the first in a series compiled by Joel Kennedy, who is the current president of the National Automotive Finance Association and Chief Operating Officer at TruDecision, looking at the intricacies of repossessions and recovery. The industry that locates borrowers and…
specialty services breaking news

Resolvion Launches New Specialty Repossession Services

Charlotte, NC, February 03, 2020 – Resolvion, one of the nation’s leading skip trace and repossession management firms, has released a new specialty suite of services.  These specialty services were designed to address many of the challenges that lenders encounter in their repossession activities. Resolvion’s specialty services includes the following programs: Rural Area Recovery Bankruptcy…
major issues facing repossession industry

Video: The Major Issues Facing Repossession Industry

Watch The Video: **For the best video quality and display, watch in full screen mode. Presenter: Les McCook of American Recovery Association   More repossession agencies are closing their doors every week.  The situation is serious and is likely to become even more so.  Keeping the recovery agent network healthy is one of the biggest…
Skip Trace and Collection

Video: Skip Trace and Collection Trends | Best Qualities of a Skip Tracer

Watch The Video: **For the best video quality and display, watch in full screen mode. Presenter: Bryan Geist of masterQueue   Effective skip tracing is still a critical part of a successful repossession strategy.  However, the challenge is much different than it used to be.  In the old days it was all about finding a…
a crisis for repo agents

From the editor: A crisis facing repossession agents

Article from: SubPrime Written by: Nick Zulovich   DALLAS – While the overall automotive industry might be relatively healthy, no doubt there are dealerships struggling with aged inventory, auctions stressed to keep commercial consignors satisfied and finance companies wringing their hands over compressed margins and wavering portfolio performances. But if you would please indulge me…

Tim Russi, Former Ally Executive, to Join Resolvion Board of Directors

Atlanta, GA – Resolvion, a leading provider of loss mitigation services, announced today that Tim Russi, former vice chairman of Ally Auto Finance, has joined the company’s board of directors.   Russi joins Resolvion after having spent ten years at Ally where he was responsible for all aspects of the auto finance and remarketing businesses. …