Forwarding Companies

Santander Collecting Storage, But Repo Agencies Can’t?

February 22, 2018 Editor

  To quote someone who may desire to remain anonymous, “Let This Sink in…”...

The True Cost of Free Storage

February 14, 2018 Editor

  GUEST EDITORIAL Repossession company owners hear this phrase every time they court a...

Double Assignments = Deadly Assignments

February 7, 2018 Editor

  EDITORIAL For whatever reasons, the practice of double assigning repossessions keeps rearing its...

Millennium Capital and Recovery Gets an Award for Repo Agencies Income Losses

February 1, 2018 Editor

EDITORIAL EDITORIAL I’d just had a conversation with a Grad student writing a paper...

When Does and Independent Contractor Become an Employee?

January 18, 2018 Editor 2

Guest Editorial There is a strange phenomenon occurring in the asset recovery industry consisting...

The Stupid Math behind Contingent Repossession Assignments

January 11, 2018 Editor

“People don’t always respond to incentives in the ways you might predict. What distinguishes...

Repossession Crisis on the Horizon?

December 22, 2017 Editor

  GUEST EDITORIAL Most of us remember the repo boom in 2008-2010 when the...

Repo Companies Being Cut Off From Credit and Banking

December 6, 2017 Editor

EDITORIAL If you didn’t think the big Lenders thought very highly of the men...

BMW gets it Right on Fees

November 22, 2017 Editor

EDITORIAL 22 November 2017 – In a world of lenders and forwarders so scared...

Rebuttal: Consolidated Asset Recovery Systems Response to Punishment over Reporting Breaches Editorial

November 6, 2017 Editor

 EDITORIAL REBUTTAL Kevin, Before I reply, I want to first thank you for the...

Forwarder Threatens Agencies with Punishment over Reporting Breaches

November 3, 2017 Editor 1

  EDITORIAL In a memo distributed on October 20th, Consolidated Asset Recovery Systems has...

Consumer Experience Surveys Required for Repo Redemptions?

November 1, 2017 Editor

  EDITORIAL October 31, 2017 – In what bizzaro universe would someone expect to...

More Rooms Added for The 2017 Credit Union Repossession and Remarketing Summit

October 27, 2017 Editor

  November 8 – November 10, 2017 Riverton Country Club Cinnaminson, New Jersey  ...

Santander Extends CARS Certification Deadline

September 30, 2017 Editor

  29 September 2017 – Through a memo circulated last week, it appears as...

I’M DONE! – Final Words from an Agency Owner

September 24, 2017 Editor

EDITORIAL As the repossession industry continues to experience downward price pressure and continuous unreasonable...

CFPB Faults Forwarders for Wrongful Repossessions

September 18, 2017 Editor

Washington, DC – 12 September 2017 – In a report published September 12th by the...

Repo Agencies in Hurricane Path Report Lenders Not Allowing Vehicles to be Transported – Important Information for Lenders & Forwarders!

September 7, 2017 Editor 1

  EDITORIAL It has been brought to the attention of several repossession association Presidents,...

Hurricane Harvey Update

September 5, 2017 Editor

In our earlier report, we reported that “Repossession agencies in the area have reportedly...

Hurricane Harvey – Repossessors Bringing Help

September 4, 2017 Editor 3

The flood waters are started to recede and many are returning to their homes...

Rate a Lender, Rate a Forwarder

August 28, 2017 Editor

A common inquiry on social media in the repossession industry is, lender and Forwarder...

Requiring Lender’s Locksmiths Lot Access – Another Encroachment and Contradiction

August 22, 2017 Editor 2

Editorial So, you have a fence around your storage yard, perhaps some barbed wire...

Enough is Enough

August 14, 2017 Editor 4

  EDITORIAL What is going on in the repossession industry?  For years we have...

What Happens When the Professional Repossession Industry Dies?

July 26, 2017 Editor 2

EDITORIAL Well, this isn’t likely to help in my job hunt in lending and...

PAR North America Assists the RABF With a Significant Donation and Pledges Future Support!

July 25, 2017 Editor

Jeff Sibbet, Director of Recovery Services for PAR North America reached out to the...

The $500 Repo Fee

July 17, 2017 Editor 7

Editorial $500 repo fee. Sounds pretty radical, doesn’t it? Well, really, it’s not. I...