Common Sense Compliance: Article 2 – Is It Better?

Guest Editorial

A few years ago I was in another state (which shall go unnamed here) working with a group of collateral recovery business owners to pass a minimum, sensible and effective law regulating the licensure and oversight of those who provide self-help (non-judicial) repossession services.  It was a State Senate hearing and there were a number of collateral recovery business owners there supporting our Bill.  However, in the crowd there was one business owner who opposed our efforts.  His reason, which he really did say openly to the Senate Committee, was that “if this legislation passed into law he would have to terminate several of his employees because they were convicted felons”.

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