Clarifying ARA’s Position on Key Services and Operational Control

The American Recovery Association (ARA) has recently become aware of industry discussions suggesting that ARA supports models that would remove key service operations from repossession companies or require the use of specific third-party vendors at repossession facilities. These claims are incorrect. Over the past several months, ARA has worked collaboratively with lenders, forwarders, repossession companies, […]

Corporate Transparency Act Update

Recently, Wendy Rinehart with the Ohio Independent Automobile Dealers Association, distributed a memo regarding the Corporate Transparency Act (CTA). We encourage you to read her memo below in its entirety to understand how it may impact your business. Over the past year, you may have heard about a new regulation at the federal level – […]