FOR IMMEDIATE RELEASE
The members of Eagle Group XX have once again taken the lead to develop and publish “Asset Recovery Industry Standards” related to the current atmosphere of the delayed payment and non-payment of fees and reimbursements due repossession agencies. Noting and addressing the unfair and abusive acts reported by asset recovery agencies such as refusal to pay because the bill did not meet unfair dating demands, refusal to pay based on micro-technical violations of contractual terms and payments delayed while still requiring agents to work accounts and release recovered vehicles, has become a prime cause for investigation and action by the members of Eagle Group XX.
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