With defaulted auto loans expected to be on the rise as a result of the COVID-19 pandemic, it’s important to make sure your recovery engine is running on all cylinders. The road to recovery is full of twists and turns, the auto recovery process is anything but easy to navigate. Strict rules control what a lender can – and can’t – do if a customer fails to make timely payments, insure the vehicle, and/or interfere with repossession. It’s critical that you understand recovery compliance, plus how to leverage data solutions and legal remedies that can drive your success.
In the first session of this two-part, complimentary series, Weltman’s collateral recovery, compliance, and collections team will answer some of the most frequently asked questions about the early stages of auto recovery. Shareholder Scott Weltman will moderate the session featuring Weltman shareholder Amy Holbrook, Weltman attorney Stefanie Collier, and executive vice president Jeremiah Wheeler of DRNdata. These know legible experts will share their auto recovery expertise on how to improve operational efficiencies and recoveries in a compliant manner at every turn on the road to recovery.
Please note that this is a two-part event. You can register for Part II, taking place on May 12th from 2:00 – 3:00 p.m. EDT, here.