Zombie Cars Podcast Interview

Zombie Cars - Episode 211

Mar 26, 2020

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 This email address is being protected from spambots. You need JavaScript enabled to view it. or their office manager Ashley at This email address is being protected from spambots. You need JavaScript enabled to view it..