Mitigating Risk: Protecting Recovery Operations in a High-Litigation
Wrongful repossession claims are rising — fast. In this episode, Harding Brooks VP Mike Peplinski joins ACS’s Andrew Pace to break down where lenders and recovery vendors face the greatest exposure, and how tighter contracts, vendor oversight, and safety culture are becoming mission-critical for risk management.
Avoid Wrongful Repossessions: 5 Steps to Protect Your Business
The High Cost of Wrongful Repossessions for Asset-Based Lenders Wrongful repossessions are costly. They damage relationships and reputations. They trigger lawsuits and costly settlements. And depending on where you do business, they can even result in regulatory enforcement action – even criminal prosecution. Too often, lenders assume they’re indemnified; that their repossession partners and agencies […]