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Pandemic 2020 – Uncharted Territory in the Repossession and Collections Industries

EDITORIAL

It’s official, we’re in a pandemic. You’ve all seen the headlines. Events, large and small are being cancelled. Travel is being restricted and cancelled nationwide. Here in the San Francisco Bay Area, the shelves are bare of toilet paper, hand sanitizer and disinfectants. The federal, state and local governments are taking extreme measures to protect the public and they’re telling us that it will get worse before it gets better. Buckle up buttercup, we’re in uncharted territory here and regardless of your companies disaster preparedness policies and procedures, expect surprises. Right now, the area you are in may seem unaffected, but there will be long term ramifications to our daily lives, the economy and the collections and repossession industries.

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