Post-Repossession: Can A Borrower ‘Cure’ A Default And Get Their Car Back?
By EsqSocial Corporation 24/05/21
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 country have put protections into place that were meant to provide customers with relief during the midst of the pandemic, including prohibitions on creditors from repossessing motor vehicles in the event borrowers defaulted on their payments... Originally published in Auto Finance Excellence, May...
By: McGlinchey Stafford