In this week's episode of the Crushing Debt Podcast, I interview bankruptcy lawyer, consumer advocate, and founder of Collateral Bankruptcy Services, Ian Leavengood.

Collateral Bankruptcy Services (CBS) helps borrowers return their secured vehicles to the creditor. In today's episode, we talk about:

• What CBS is and how it started.
• Who CBS helps, and when.
• What a 521 letter is and why its relevant.
• When does CBS help and when is it appropriate to contact them.
• How much their services cost the consumer (spoiler - $0).
• What CBS pays to people that refer clients to them (spoiler - again $0).
• What happens after CBS takes possession of a vehicle.
• What is a zombie car.
• Changes and trends since CBS has been assisting borrowers in collection and repossession of their vehicles.

If you want to return your car, truck, RV, boat, motorcycle, jetski, 4-wheeler, etc., you can reach Ian at [email protected] or their office manager Ashley at [email protected].

Please also visit our sponsor Attorneys' First Insurance at www.AttorneysFirst.com.

If you want to revisit our episode on Zombie Debt, click here.

In these uncertain economic times, if you know someone who wants to return their vehicle to the creditor, but their creditor is being unresponsive, please share this episode with them! Contact me at [email protected] or www.YesnerLaw.com.