Every 2 minutes, American Recovery Service repossesses a car.
Reduce charge-offs and increase cure rates. Our financial clients hire us to manage the entire asset recovery process, including managing the nationwide fleet of repossession agents to ensure compliance with the Consumer Financial Protection Bureau (CFPB). They also hire us because we produce results for them to maximize their ROI.
American Recovery Service does not perform any repossessions itself, in any state, but contracts with professional, properly licensed (where required) recovery agents.
Innovative Technology: License Plate Recognition (LPR)
ARS makes collecting any asset easy by automating repossession management using ARS WebTracker. The proprietary LPR Staging Model was developed by ARS, in close collaboration with Digital Recognition Network (DRN). There are two service models:
Upon repossession by an ARS-approved independent recovery agent, ARS will provide a detailed and timely notification, so you remain in compliance with all of your post-repossession deadlines