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. …
Read MoreALS Resolvion and Del Mar Recovery Solutions Announce Merger
November 11, 2019 – ALS Resolvion and Del Mar Recovery Solutions today announced the completion of a definitive merger agreement. The combined company will operate under the name Resolvion and will create one of the largest and most efficient repossession management companies in the industry: Over 200 clients, including over 40 of the top 50…
Read MoreImproving Financial Results From Impound Recovery
Effective management of impound repossessions is challenging. Impound yard operators are notorious for being difficult and, in many cases, unscrupulous operators. The entire process consists of several unconnected parts and requires specialized expertise to handle effectively. If not handled properly, the process can be extremely expensive, or even worse, can result in the loss of your…
Read MoreResolvion Launches Impound Pro, a True “End to End” Impound Processing Service
Charlotte, NC, September 24, 2019 – Resolvion (formerly ALS Resolvion), one of the nation’s leading skip trace and repossession management firms, has released a new impound management service called Impound Pro. The “end-to-end” service is designed to address the major pain points in the current process of handling vehicles that have been impounded. These pain…
Read MoreLPR Management – The Key to Faster Auto Repossessions
If you ask a handful of repossession managers about their top goals, it would be recovering more cars, lowering the average days to repossession, speeding up vehicle auction sales, and reducing overall costs. Outside of remaining compliance, most repossession and loss mitigation managers are focused on these metrics. There are many ways to accomplish these…
Read MoreALS Resolvion Announces Integration with RDN Agent Platform
Charlotte, NC, August 12, 2019 – Resolvion (formerly ALS Resolvion), one of the nation’s leading skip trace and repossession management firms, has announced the completion of its integration between its proprietary operating system (Wombat) into the Recovery Database Network (RDN) forwarder platform. “This is a big step forward for us. We have been integrated…
Read MoreAn interview with Michael Levison, CEO Resolvion Skip Trace & Repossession Management Services.
Interviewed by: Bob Rinaldi, LLC This video series is about how technology is remaking the historically fractured market of repossession services. Technology in this series is more of an overriding term for several capabilities that have come of age from the conceptual drawing board to tangible, useful, and paradigm changing applications. The use of…
Read MoreResolvion Becomes First Forwarder To Go “Mobile Only”
Charlotte, NC – Resolvion (formerly ALS Resolvion), a leading provider of national repossession management services, today announced that it has fully implemented the industry’s first “mobile only” policy. Under this new policy, Resolvion will provide involuntary repossession assignments only to repossession agencies that are deploying mobile technology at the repo truck level. The “mobile…
Read MoreLPR Staging – Faster Recoveries, Higher Yields and Lower Costs
Over the past several years, the use of LPR technology has had a huge impact on auto recovery rates. As the use of LPR has grown, lenders, forwarders and agents have gotten progressively better in using the data to improve performance and efficiency. However, there is still one strategy for optimizing the use of…
Read MoreManaging Risk: Understanding Your Service Providers’ Insurance Coverages
There are few actions that a lender takes that has more potential for legal claims than a vehicle or collateral 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 the service provider indemnifies your institution in…
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