Recovery Standard

Address 10769 Broadway, Suite 178
Zip Code 46307
Phone Number 888-808-9914
Fax Number
Keywords Repo Compliance, Repo Certification
About Recovery Standard was established to help close the window of legal liability for lenders and forwarders concerning their contracted repossession company service providers. We conduct a detailed screening of both potential and current service that consists of an initial onsite inspection with the possibility of a follow up semi-annual on site inspection (random companies chosen). All Recovery Standard members are inspected at the very least annually. We then train and test company owners on laws, regulations, ethics, best operating practices and the collateral recovery process from cradle to grave. We do background checks on the company owner, provide background checks on each employee at the owner's request, and monitor their company’s repossession insurance and repossession licenses in licensure states. We will provide each service provider with a best practices compliance certification company manual that they can use in their office. They can then have their employees read and indicate with a signature they have read it and agree to follow it. Additionally, we offer an agent certification course that the agency’s staff can take anualy.
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