The car repo business is booming as Americans fall behind on their increasingly expensive car payments.

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 ...

Wrongful repossessions might be the top trigger of migraines or nightmares of executives and managers who oversee collections at auto-finance companies. Expe ...

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 ...

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 ...

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 ...

Hudson Cook partner Allen Denson read through the auto-finance portion of the latest Supervisory Highlights shared by the Consumer Financial Protection Bureau and immediately thought of another credit ...

A repossession agent—commonly called “the repo man,” and hired by the creditor to recover the property—may enter your ...

This is an archived article and the information in the article may be outdated. Please look at the time stamp on the story to see when it was last updated. DOLTON, Ill. — When a lender sent a ...