Higher priced vehicles financed at greater interest rates over extended loan terms have driven a rise in default rates. Designed for borrowers who care about their financial future, we're introducing a straight-forward repossession alternative.
Amerecover negotiates directly with a struggling borrower's loan servicer to agree on a reduced balance. We then execute a third party title release, rendering little or no deficiency balance owed for the borrower. This protects the borrower's credit from the otherwise inevitable damage of a repossession while reducing the servicer's risk. As a settlement negotiator and liquidity provider, we create value for both borrowers and servicers.
The Amerecover team boasts years of professional experience, including first-hand experience with lenders, servicers, and fixed income portfolio managers. Armed with institutional deal making experience and our own deployable capital, we're positioning the firm to quickly identify loans in distress, negotiate, and execute. We never charge fees for our services.
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