As vehicle prices have risen, amid elevated interest rates and high living costs, so too have repossessions in recent years.
We are receiving mixed messages regarding trends in repossessed cars. Some experts see the recent spike in repos as the market sorting itself out after record-low repossession rates the past couple of ...
Coming out of the COVID-19 pandemic, the auto finance industry will face a number of issues when it comes to self-help repossession following a borrower’s default. A number of jurisdictions across the ...
Losing a car to repossession is a personal financial crisis that impacts our ability to work, to take care of our basic needs ...
Repossession for a car happens when you’ve defaulted on your auto loan, and your lender may seize the vehicle to recover its losses. In many states, lenders are not required to give you notice before ...
A&B Abstract: The Consumer Financial Protection Bureau (“CFPB” or the “Bureau”) recently released a Bulletin addressing the repossession of vehicles and alerting market participants to what it views ...
Get your business out of debt with our guide to the debt collection process and see expert-backed advice for dealing with ...
A repossession agent-commonly called "the repo man," and hired by the creditor to recover the property-may enter your ...
A routine vehicle repossession attempt at Parkdale Mall in Beaumont, Texas, escalated into a chaotic and highly visible ...
Reporting from Washington — The reputation of Wells Fargo & Co. took another blow Thursday when it agreed to pay $24 million for the improper repossession of cars owned by members of the U.S. military ...
Eduardo Zepeda is a car aficionado, gasoline mechanic, and motorhome enthusiast based in central Mexico. He has lived in different parts of Mexico, the United States, and Canada, and he is constantly ...