[ AUTO DEFICIENCY ]
Auto Deficiency Balance Recovery
Deficiency accounts are our specialty. Paragon scores every deficiency balance before placement and shows what it would collect, when and at what cost, by state, with and without a suit. Deficiency recovery runs on the same platform as agency, legal, bankruptcy and deceased accounts, so one partner owns everything after the sale.
Scored with the repossession data
We use the details that drive deficiency outcomes, including vehicle, repossession date, sale date and sale proceeds, alongside balance, state and payment history.
The right channel for each balance
Each account is routed to agency, legal or sale based on expected net recovery, and accounts that are not worth a suit in their state never reach court.
Agencies and law firms on one scorecard
Placement share moves every month on net cash, cost to collect and speed, so the partners who collect on deficiencies get the volume.
Bankruptcy and deceased handled in the same place
When a borrower files or passes away, the account moves to the right channel on the same platform, with no handoff gaps.
Frequently asked questions
What is the best way to recover auto deficiency balances?
Score every balance first, then match it to the channel that nets the most in that state: agency, legal or sale. Volume should follow measured results, not a fixed split.
Should lenders sue on deficiency balances or place them with an agency?
It depends on the balance, the borrower and the state’s cost and rules. We show both paths for each account, with and without a suit, before you decide.
Is it better to sell or keep deficiency accounts?
Sometimes selling nets more. Our scoring compares expected recovery, net of cost, with sale value so the choice is based on numbers.
Can we test you on accounts we have already closed?
Yes. Send closed deficiencies with state, zip, balance and charge-off date. No PII and no cost. We show what each would have collected, when and at what cost. You know the results, so you can grade us.
Grade us on your deficiency file
Send state, zip, balance and charge-off date. We will show what each account would collect, when and at what cost, by state, with and without a suit.
