Madison County, MO – June 1, 2012 – “If we don’t take the vehicle, we don’t get paid and we’re getting paid tonight.” These words were allegedly spoken by a repo agent to a borrower, despite having allegedly been told by a finance company collector that the account was current and that they needed to leave it. This reported exchange is one of many allegations that triggered a lawsuit against a reputable national repo company and its client.
Read More!
More Stories
Is Trucking the Canary in the Repo Industry’s Coal Mine?
Father and Son Charged After Repo Agents Come Under Gunfire in New Hampshire
Democratic Congressional Takeover Could Put Repossession Industry Back Under the Microscope
Subprime Auto Losses Hit Seven-Year High, But Lenders Keep Lending
Philadelphia Expands Electronic Repo Reporting to Eight Police Districts
Repo Agent Hospitalized After Being Pinned by Tesla