News & Events
PAR North America Sets New Industry Standard with Two-Day Agent Pay
The field of repossession is inherently stressful and carries significant risk. There are no guarantees—agents operate in unpredictable environments, often in the middle of the
Impound Repossessions and the Risk of a Two-tier Compliance System
Earlier this month, ARA became aware that a major auto finance company had entered into an agreement with a national auction and transport provider to
Recovery Agent Protection Committee (RAPC)
The Recovery Agent Protection Committee (RAPC) was established to protect recovery agents while they are in the field by examining all phases of the industry
ARA Releases Revised Hold Harmless Agreement for Members
Recently, the ARA reviewed several Hold Harmless agreements being circulated and used within our industry and found them to be insufficient. While the ARA does
ARA and Westlake Collaborate to Clarify Processes and Strengthen Industry Standards
Following recent discussions, both the American Recovery Association (ARA) and Westlake Financial recognize the need for clear and unified communication regarding repossession procedures and expectations.
Westlake Financial Services Update
As a result of our recent outreach to Westlake Financial Services, we’re pleased to report that meaningful progress has been made in addressing concerns surrounding their
Announcement from ARA Re: Westlake Financial Services
ARA has been made aware that Westlake Financial Services has recently adopted a policy denying agents’ requests to produce keys for repossessed and stored vehicles.
ARA Key Committee Leads Industrywide Discussions to Improve Key Process Collaboration
The American Recovery Association (ARA) Key Committee has recently taken significant steps toward strengthening collaboration across the repossession industry, engaging a wide range of stakeholders
The Evolving Landscape of Key Services in Repossession
At a recent industry conference, a veteran recovery agent chuckled as he reminisced, “I remember the good old days when we used a slide hammer to
RAPC Letter from the ARA President
Dear Members, It is my honor to announce the creation of the Recovery Agent Protection Committee (RAPC), chaired by Wade Argo, President of Argo
Warning Signs Are Back—Will the Repo Market Repeat History?
September 11, 2025 Dear Members, This important update is brought to us by ARA member James Waldron. As many of us who’ve weathered past economic cycles
Driving Innovation, Transparency, and Efficiency in the Repossession Industry
September 10, 2025, by the ARA Technology Committee Introduction Technology is rapidly transforming the repossession industry. From compliance tools and data platforms to license plate