GALR Intends to Follow the AIR Lead

PRESS RELEASE

The Georgia Association of Licensed Repossessors (GALR) wants to make our support known in its decision to back the Alliance of Illinois Repossessors (AIR) in their most recent “NO FREE STORAGE” campaign.

The GALR board and members have used the AIR formula, in which they calculated the cost of storage per vehicle for our region. This in[1]depth calculation of expenses shows what a single parking spot costs to maintain, and how much revenue can be lost the longer a unit sits in that spot.

This result requires the immediate attention of all lenders to provide the needed support to sustain our portion of the ecosystem that recovery professionals provide to lending institutions. Without proper compensation, a bottle neck of workflow is on the horizon. We must address this issue today, for tomorrow will come too soon.

If you are a member of GALR and did not attend our monthly Zoom meeting where this cost formula was reviewed or, you simply wish to receive this educational offering, please email: office@galr.org We would like to have all Georgia agents know this number and be able to present it as a true representation of our regional data when we present this to the lenders and forwarders in the upcoming month. (To protect your privacy, no agency names will be released).

Remember to join us on our monthly zoom call this Wednesday 2/15/23 at 3pm.

Join Zoom Meeting

Meeting ID: 880 7601 2825

Passcode: 338880

About the Georgia Association of Licensed Repossessors

The Georgia Association of Licensed Repossessors (GALR) is an organization comprised of collateral recovery agency owners/employees/industry vendors. Our goal is to educate our members, financial institutions, law enforcement, and communities with regard to business requirements and ordinances set forth by the cities and counties in the state of Georgia.

The purpose of the association is to strengthen understanding between recovery agency owners, law enforcement, financial institutions, regulatory agencies and the consumer. GALR will provide continuing educations to our members, financial institutions, and law enforcement officials. Education platforms will focus in the fields of professionalism, business principles, public relations and innovations in the industry.

Georgia Association of Licensed Repossessors

P.O. Box 1922 Villa Rica, Georgia 30180

Email: Office@GALR.org

Phone: (888) 425-7324

Fax: (770) 234-6386