As your circumstances change, so must your servicing strategy. A customer declares bankruptcy, one of your vehicles is involved in an accident or ends up on the impound lot, your situation has now changed. Protecting your interest in the collateral, while remaining compliant to all federal and state laws, can be difficult.
Loan Portfolio Servicing’s expertise can alleviate you worries and efforts, as we manage your investment with the most efficient and effective methods available today.
Risk Management services
• Loan Portfolio Servicing strives to complete all standard filings in-house, often saving you the expense of outside legal counsel.
• Monitor your portfolio for new filings and immediately transfers affected accounts to our Bankruptcy department. These specialized employees understand the U.S. Bankruptcy Code and corresponding state laws, and ensuring that our processes adhere to all regulations, while quickly recovering your investment.