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.
Best Practices in Repossession Management: Insights from Leading Lenders
As one of the nation’s largest repossession management firms, we collaborate with many of the major auto lenders, giving us a comprehensive view of a wide range of repossession strategies. Among leading lenders, repossession strategies are refined continuously to optimize outcomes. In contrast, some lenders maintain less effective strategies, which is often evident in their…
Resolvion Launches COVID-19 Customer Support & Risk Mitigation Service for Equipment Lenders
Atlanta, GA, April 06, 2020 – Resolvion, a leading skip tracing and repossession management company, today announced the availability of a new service designed to help lenders manage the flood of deferral/modification requests and, at the same time, better manage the emerging default risk caused by the COVID-19 crisis. The COVID-19 Risk Manager program involves proactive…
Video: Remarketing Challenges and Opportunities
Watch The Video: **For the best video quality and display, watch in full screen mode. Presenter: Joe Hearn of Advanced Remarketing Services The hottest trend in the remarketing business in recent years has been the sale of vehicles “upstream” rather than at traditional auctions. This has become a major part of channel mix for…
Resolvion Joins Equipment Leasing and Finance Association
Atlanta, GA, February 21, 2020 – Resolvion, one of the nation’s leading skip trace and repossession management firms servicing commercial lenders, has joined the Equipment Leasing and Finance Association (ELFA). The trade association represents over 500 financial services companies and manufacturers. The membership will provide Resolvion with more opportunities for professional development, networking, and access…
Resolvion Announces New Client Success Department
Carlsbad, CA, February 19, 2020 – Resolvion, one of the nation’s leading skip trace and repossession management firms, announced the launch of its new Client Success Team. The objective of this new initiative is to provide a more holistic and seamless approach to ensuring that client specific requirements are being properly coordinated/met and to generally…
Effective Impound Management Strategies
An impounded vehicle is a ticking time bomb. From the moment the vehicle is towed into an impound yard until the moment it is recovered, the clock is ticking. And with every passing second, more money is being lost and more headaches are being created. The fractured nature of the impound industry, from tax notifications…
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…