The 7th Circuit Court of Appeals on Wednesday reversed in favor of an Indianapolis woman who was restrained by law enforcement while her car was being repossessed. After Nichole Richards defaulted on her car loan, her lender hired PAR, Inc., to repossess the vehicle through its subcontractor, Lawrence Towing. When the towing company arrived on the …
We Are In This Together: Sign Up Now For Open Webinar With ARA What is defined as an essential business? Do you understand the baseline cost of your business? Tomorrow, ARA President Dave Kennedy and Executive Director Les McCook will be hosting an open industry webinar to have these questions and more answered in times of uncertainty. Panelists for tomorrow's webinar …
As we discussed in our main Facebook group, you will never have a better time to form a state repossession association if one does not exist where you do business. And there will never be a better time for the collateral recovery industry to come together in a show of force in order to stop …
Support your small business! CALR Requests Your Assistance to Pass the CARES Act Contact Your U.S. Senators TODAY And Ask Them to Support the Small Business Relief Provisions in the Bill CALR is supporting small business by asking that you contact your local senator. The American Recovery Association is working with NIADA to pass the CARES Act and we all …
RISC is here to support the industry. Dear Member, We cannot avoid the news about COVID-19 and the uncertainty it is bringing to our lives. This virus has caused disruptions to not only our daily lives but, most certainly, the collateral recovery industry. In these challenging times, the compliance team at RISC would like to do our part …
There is a lot going on in Washington D.C. this week as rival House and Senate coronavirus aid packages work their way through the legislative process. Of most interest to many TCPAWorld readers, Congresswoman Maxine Waters (D-CA), Chairwoman of the House Financial Services Committee, has released plans for a legislative package to address the coronavirus pandemic …
PHOENIX (3TV / CBS 5) -- During the coronavirus emergency, there are concerns that foreclosures and vehicle repossessions could spike. Arizona Attorney General Mark Brnovich is now calling on financial and lending institutions to provide temporary relief to customers. The Arizona National Guard told Arizona's Family that they've been planning with Arizona grocers this weekend. And now, they're …
Ally Efficient Wednesday, March 18, Ally is offering the next monetary assist initiatives: Will defer fee for present auto prospects for up to 120 days with out incurring late charges or finance prices Will give new auto prospects the choice to delay first fee for 90 days Will defer fee for present mortgage prospects for up …
Ally Introduces Relief Package to Support Customers, Auto Dealers, Communities, and Employees During Global COVID-19 Crisis - Defers payment for auto customers up to 120 days - Defers payment for mortgage customers up to 120 days - Gives new auto customers the option to delay first payment for 90 days - Pledges $3 million in financial aid to local …
