Las Vegas Mom Sues over Auto Disabling Device

auto_intrrptLas Vegas, NV – September 16, 2014 – The attorneys allege it is a “dangerous and unlawful” practice of vehicle repossession. In this case, cars are not being towed, they’re being disabled electronically.

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Caught on Video! Repo Man Attacked by 4 Men

repo_yrd_assltSeptember 15, 2014 – A video produced from a smart phone recently emerged on the internet showing an unnamed Repo Man in an unnamed location, being confronted and later assaulted by four men (at minute 8) in front of a family home while family and neighbors watched on. The man filming the incident is also show repeatedly being accosted and chased from the scene while he is calling police who never arrive during the incident.

 

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Gunshots Fired after Repo Man and Wife are Followed Home

tylertx_shtngTyler, TX – September 8, 2014 – A Repo Man and His wife were followed home to their residence by an unidentified group of people that ended in gunfire.

 

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Compliance Is Key Marketing Tool for Repossession Agents

mbsi_compliancePress Release

Phoenix, AZ – September 5, 2014 – Time was, repossession agents would sell themselves to potential clients based on the size of the area they worked, how many trucks they had, or what new gadgets they had to help find cars. While those benchmarks are still important, today’s successful operators are now separating themselves from their competitors by showing how hard they are working at pro-actively striving to become more compliant.

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CU Recovery Part of Important Work Done in the Collection Industry Recovery Results Trending above National Averages

cu_rcvryFOR IMMEDIATE RELEASE

Wyoming, MN – September 2, 2014 – According to findings from a newly released survey by Ernst & Young and ACA International, the health of national and state economies in the U.S. continues to be impacted by the recovery of rightfully owed consumer debt. With recovery results trending above national and local levels, CU Recovery & The Loan Service Center are the leading recovery resource for all phases of Credit Union debt collection. They are also committed to training credit union collection departments in creating a solid framework for success.

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PA Repo Man Takes Fire

handcuffs1Manheim, PA – August 29, 2014 – A Lancaster County man opened fire on and chased down a Repo Man during the attempted repossession of his car.

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Repo Man Hit and Dragged by Runaway Borrower

vine_IDBoise, ID – August 26, 2014 – A Repo Man attempting to repossess a truck from a frantic borrower was dragged and run over at the onset of the borrowers attempt to flee which led to a police chase.

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Repo Man Bit, Punched and Loses Repo

punch_fc2Myrtle Beach , SC – August 22, 2014 – An unnamed Myrtle Beach Repo Man, claims he was assaulted by a woman and members of her family during a repossession attempt on a BMW that went bad.

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DRIVING LENDER SAVINGS WITH iREPO

PI_reporess Release

Baseball and automobiles have been around for just about the same length of time. And for most of their histories, the two were dominated by “old-school” thinkers, who used their eyes and their guts to make decisions.

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Experian Automotive: Outstanding Auto Loan Balances Reach Record High of $839.1 Billion

experian_logo30- and 60-day delinquencies show slight uptick

Press Release

Schaumburg, Ill., Aug. 20, 2014 — Experian Automotive today announced that outstanding automotive loan balances reached an all-time high in the second quarter of 2014.

Other findings include:

• The overall automotive repossession rate saw a significant increase in the second quarter of 2014, jumping more than 70 percent to 0.62 percent from a year earlier.

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