During normal times, creditors face a number of requirements when looking to exercise their self-help repossession rights in the event of a borrower’s default. Some of the factors a creditor must ...
Imagine it's the near future, and you've bought a new car with a self-driving mode. But hard times hit and you fall behind on loan payments – then, one day you find your car has driven itself away to ...
Ford has applied for a patent that would allow self-driving cars to repossess themselves in the event a customer fails to make their payments. The US automotive giant claims that the patent, titled ...
Earlier this year, a joint announcement from three of the largest repossession organizations — Allied Finance Adjusters, American Recovery Association and Eagle Group XX — reiterated their definitions ...
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