The Certified Asset Recovery Specialist (C.A.R.S.) is entering its 16th year, THANK YOU!!!



January 23rd, 2015 – The Certified Asset Recovery Specialist (C.A.R.S.) National Certification Program is entering its 16th year of providing professional certification to the collateral recovery industry nationwide and again this year, Recovery Industry Services Company (the RISC team) would like to take this opportunity to thank our industry for your continued support.

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PALATINE, IL — MVTRAC has announced the promotion of Executive Vice President of Business Development, Luke K. Smith, to partner and President of MVCONNECT, LLC and its divisions and concurrently promoted and made partner existing Executive Vice President of Investigations, Garry W. Jackson, Stacey M. Bailey, Executive Vice President of Compliance and Training and Eric H. Daehn, Operations Group Manager.

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World’s Largest Recovery and Remarketing Association Launches New Industry Magazine


American Recovery Association partners with Canvas Business Media to provide credible, newsworthy and essential industry news


DALLAS, Texas (January 22, 2015) – American Recovery Association (ARA), the world’s largest recovery and remarketing association, announced today its partnership with Canvas Business Media to create and publish an official industry magazine titled Repossessor.

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The Ultimate Skip Trace List

skip_trc_secretsGuest Editorial

The Ultimate Skip Trace List is the backbone of every successful skip tracer. Please print and share this list with all of your associates and friends. This list covers the basics of skip trace efforts and a little beyond just for good measure.

It’s an awesome list for background searches and due diligence. The order is a perfect outline to use in documenting research steps and creating reports for your clients. In the list, because I am a repossession skip tracer, the subject is referred to as a skip or a debtor.

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Massachusetts Has a New Repossession Association


On February 11, 2015, the newly formed Massachusetts Association of Recovery Professionals, will be having it’s 3rd meeting at the Hampton Inn at 277 Boston Post Road West Marlborough, MA 01752 at 1pm.

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Michigan Anti-Repo Forwarder Law Provision Shot Down

opie_downLansing, MI – January 16, 2015 – Even before the ink had dried on George Badeen’s legal challenge to the repo forwarders in Michigan, the repossession forwarders had already successfully lobbied a revision to the law that required them to maintain licensing within Michigan in order to assign repossessions.


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CU Recovery Celebrating 25 Years of Collection Services for Credit Unions The #1 Resource for Credit Union Collection Departments


Wyoming, MN – January 13, 2015 – With nearly half of all new businesses failing in their first year of venture, arriving at a 25th anniversary is cause for celebration. CU Recovery is hailing this milestone in 2015 as proof that their mission and vision will serve credit unions for the long haul.

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Eagle Group XX Develops Standardized Training and Safety Credentialing Program for Field Agents


The members of the highly respected Eagle Group XX have worked together for the last 6 months to develop a standardized training and safety credentialing program specifically designed for the men and women in the asset recovery industry who work recovery assignments in the field.

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Dealer Repossesses Family Van, Holding Infants Ashes for $350

Mathsn_MtrsRandall, MN – January 12, 2015 – A Minnesota family’s unfortunate repossession of their 2005 Town and Country minivan van is exasperated by being charged a whopping $350 for their personal property, which includes amongst other things, the ashes of their deceased infant.

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Body Cameras – Can Wearing a Camera Every Day Keep the Lawsuits Away?


In the aftermath of last summers police shooting in Ferguson, Mo., there has been an outcry from many demanding that police officers wear body cameras. While this is a double edged sword that can either protect you or damn you, it does bring to mind the similar “he said, she said, conflicts that occur in the repossession industry and begs to question why this has not been more heavily adopted and whether or not this could help stave off some of the many ludicrous nuisance lawsuits filed and unfortunately settled in courts as way of mitigating losses.

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