Abstract: Systems and methods for securing collateral for a vehicle loan, when the loan is in a default condition. A Global Positioning System (GPS) tracking device may be installed within a vehicle which is a subject of the loan. If repossession of the collateral becomes necessary, all paperwork for the repossession may be automatically generated, and electronically submitted to the repossession agent. The repossession agent is able to receive location data for the vehicle through an application, such as a mobile “app.” After locating the vehicle, the repossession agent may visually inspect the vehicle, and then request that the vehicle be disabled via the application. The request may be received at a server, which then sends a signal to disable the vehicle. The repossession agent may then take possession of the disabled vehicle and return it to the lender.