The End is Near – Of the Sheltering, That Is

EDITORIAL

As talk of reopening the businesses and the economy is warming up and the possibility of the aforementioned congressional bills to halt all collections and repossession activity seem to be fading, the future of the repossession industry appears as though it will emerge from this crisis more or less intact, save for the financial damage done to the agencies and their employees. In a matter of a few short weeks, I believe that we will start to see an increasing number of states easing their business restrictions and a slow recommencement of involuntary repossession assignments begin to trickle in, in varying degrees in the lessor affected states. As the agencies in these areas begin to reopen and pick up speed, it will be interesting to see what changes occur.

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