EDITORIAL
By now, everyone in the repossession industry is quite aware of the dire financial straits that the individual agencies are in. Years of low fees and eradicated ancillary fees have created an industry with little or no reserves to sustain themselves through this and there will undoubtedly, be agencies that simply do not return to operation. While everyone is hoping that the repossession moratoriums and shelter in place measures end soon, there is one lurking danger that could make such a resumption of operations impossible and that is skyrocketing or non-existent repossession Insurance.
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