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.
At the bottom of this email is an email template we urge you to send to the banking/financial services advisors to your senators and your representative informing them of this issue and telling them to reject the House repossession moratorium.
The steps below walk you through how to do this quickly and easily:
STEP 1: KNOW YOUR FEDERAL ELECTED OFFICIALS: If you do not know your representative, you can find out by CLICKING HERE by providing your ZIP code. If you do not know your two senators, you can find out by CLICKING HERE.
STEP 2: CORRECT EMAIL ADDRESSES: Once you have the list of your two senators and your one representative, you can obtain the email addresses for their banking/financial services policy advisors by CLICKING HERE. This list is in alphabetical order based upon the last name of your senators and representative. Column J includes the email address of the policy advisor.
STEP 3: SENDING THE EMAIL: Please copy and paste the email address for each of the banking/financial services advisors and please send the email template below, inserting the appropriate information in each of the yellow spaces. In addition, please feel free to include the attached PDF summarizing ARA’s position against the moratorium.
STEP 4: FEEDBACK: Please let ARA staff know if you have sent this email and let us know any feedback the congressional staff provides you. Even if they do not respond, they will read your emails, and our collective voice will reinforce the need to reject the harmful repossession moratorium.
This is one of the most threatening federal legislative proposals against our industry in ARA’s history. We must speak in a clear, unified voice that a repossession moratorium is bad for jobs and bad for consumers. Thank you all so much for your active engagement on this matter.
Facebook Comments