Repossession Management

REPOSSESSION

MANAGEMENT

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TURNING POINT will determine and recommend to the credit union loans  that are delinquent and are at risk of default for repossession review. Once approval has been received from credit union management TURNING POINT will initiate the repossession. Once the vehicle has been recovered TURNING POINT will make sure the vehicle is transported to auction and sold in a timely manner at a price set by the credit union. TURNING POINT makes sure that all necessary notices are sent in relation to the repossession and post sale of the vehicle. TURNING POINT will follow up and make sure that all proceeds from the sale of the vehicle are received by the credit union. This service can be provided as a stand alone service or packaged with any other services we provide.

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