Another year of conventions, zoom meetings and get-togethers has quickly come to an end for the Repossession industry. 2021, just like 2020, has proven to be a challenge for the repossession company owners that have fought valiantly to overcome the challenges that COVID-19 threw at them.
Sadly, many companies who struggled were forced to close their doors due to lack of work as well as the onslaught of legislative actions forced upon them. The lenders that all of us as owners count on to keep the doors open and the bills paid also threw caution to the wind and stopped sending repossession orders over cutting off the life blood to agencies and speeding up their demise.






More Stories
Auto Credit Is Flowing Again. So Is Future Repo Risk
Think Before You Post – Your Business Depends on It
When the Lender Runs Out of Road: Why Car-Mart’s Problems Could Become Yours
The Growing Insurance Crisis Threatening the Repossession Industry
Why Did I Get Out of the Repossession Business?
Contingency – Looking Back at A War Long Lost