Dear recovery industry professionals,
The White House, Senate, and House of Representatives are involved in bipartisan negotiations to develop the next major COVID-19 economic relief legislation. The bill is likely to pass in a matter of weeks. In these negotiations, the House of Representatives has proposed that this new bill include a six-month moratorium on repossessions. Although the Senate has so far rejected the repossession moratorium, no final decisions have been made, and the situation remains very fluid. The Repo Alliance is urging all recovery industry professionals to contact your senators and representative to let them know how harmful this repossession moratorium would be to you and your companies. We need to educate Congress about this issue and the real-world implications it will have on you, your companies, and consumers.  Â
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