Tuesday, April 7, 2020 4:43 PM
URGENT Call to ACTION! Time to Speak Up!
Help to save the industry! You need to act now!
We are providing another letter as attached or encourage you to write your own or refer to the one we previously provided, but the industry needs to act now to stop a nationwide moratorium on auto repossession, possibly long after the Corona Virus pandemic ends.
Sample Letter [Word/*.docx format]: Click Here
Sample Letter [*.pdf format]: Click Here
Richard Cordrays White Paper Immediate Actions: Click Here
CU Collector Article: Click Here:
2 April 2020
Afternoon All
In case you missed the information we provided yesterday – attached are a few documents that may be of interest if you’re looking for financial assistance due to COVID19.
There is a comparison spreadsheet of information about the programs as it is known today and also a fact sheet and application for the PPP (Payroll Protection Plan) Loans. There is help out there, but you should be sure to review the websites and start gathering the information needed to apply so you can get your application in early before funds run out!
April 3rd and April 10th are important dates!
Side Note: Many of you are asking about the legality of repossessions, there still is not a national moratorium on repossession/collection activity that we are aware of, but decisions are being made on state and local areas daily – so you should be sure to check with your locality to see if a change has been made.
Take Care and Stay Safe!