It’s an unfortunate fact that any lender that makes car loans will end up with repossessions, and repossessions can lead to problems and litigation. When repossessing and disposing of collateral, credit unions must be thoroughly familiar with a number of laws which can vary from state to state. Many of those state laws are similar to each other, while others can be complex – and tricky. Some rules are clear, while others are not.
During this session, Eric North will discuss common errors credit unions make during the repossession process and will field questions from participants.
1228 Baltimore Ave
Kansas City, MO 64105
United States
When repossessing and disposing of collateral, credit unions must be thoroughly familiar with a number of laws which can vary from state to state. Many of those state laws are similar to each other, while others can be complex – and tricky.