In a perfect world, the case would have never have been allowed to be filed against us without some credible support. The allegations made against us are untrue and what we have been accused of, we did not do. But this is not that perfect world, rather, it is one that, all of us in the recovery industry, must live and operate within. Compliance, now on a state level with the Collateral Recovery Act and now increasingly on a Federal level with the founding of the CFPB, is the single largest component of success or failure in the recovery industry that will literally make or break our business and yours.






More Stories
The Repossession Industry Is Eating Its Own
Twelve Years, Seventy-Five Dollars
The LPR Arms Race: How Many Cameras Are Enough?
The Cost of Collecting LPR Data Has Gone Up. Why Hasn’t the Pay?
WHEN IS ENOUGH, ENOUGH? A Question Worth Asking Across the Repossession Industry
Three Million Repossessions: A New Measure of America’s Recovery Industry