Wyoming, MN – December 15, 2014 – In a recent client survey conducted by CU Recovery, a staggering 80% of respondents said that finding experienced collectors was difficult. In analyzing the results, individual clients list a number of reasons for the shortfall. Not surprising, Credit unions are careful to select people that fit their culture and philosophy. Other factors include the geographic location of the credit union and a lack of talent in their area. Others state that they lack physical space to house additional staff. One solution to these roadblocks would be to outsource all or part of the collection process.
We see it displayed almost daily on this Web Site. We’ve all read “Repo Madness” by the National Consumer Law Center (NCLC). Sadly the Repossession Industry refers to this as “Breach of the Peace”, because we are afraid to call it what it truly is VIOLENCE.
Sponsorship Options and Exhibitor Space Available for Seventh Annual
North American Repossessors Summit
DALLAS, Texas – Dec. 11, 2014 – The North American Repossessors Summit (NARS), an industry event hosted by the American Recovery Association, Inc. (ARA), is proud to announce sponsorship opportunities and exhibitor space are now available for its seventh annual event, to be held March 12-14, 2015.
The exuberance over the victory over repossession forwarding Godzilla “PAR” appears to have been short lived. As reported in June, “Opie Taylor” aka, George Badeen of Midwest Recovery, Inc., had prevailed over beast “Godzilla” aka, PAR, ARS, etc., in the Michigan Supreme Court who had ruled that the action of forwarding is a collection activity and as such is required to be licensed and regulated by the state.
Even before the ink had dried on this decision, Republican State Senator Rick Jones had introduced a bill making it legal.
Following up on their earlier Press Release, “ANONYMOUS – PRIMERITUS FINANCIAL SERVICES CHOSEN FOR ANONYMOUS STRIKE BY REPOSSESSORS ACROSS THE NATION “, the clandestine group of repossession agency owners who have adopted the name and moniker of the infamous hacker group, Anonymous, has launched their own website ( http://repoanon.com/ ) to broadcast their overall objectives, pending action and a call to solicit repossession agency owners to join in their movement.
While their initial Press Release announced their scheduled strike against Primeritus Financial, within their objective, they take a jab at LPR company, DRN, which appears to perhaps be a future target as well.
Learn how professional skip tracers find people who are circumstantially or deliberately hiding and flush them out of the woodwork. Instructed by a 15 year veteran of Houston area repossession and skip trace, expert and author, Valerie McGilvrey.
The one day session will take you through secret covert methods and little known tricky techniques that will make your closed rates higher than ever before.
In a meeting attended by repossession industry leaders at a secret location in October 2014, current practices of repossession assignment forwarders was discussed. During this meeting, it was agreed forwarding companies are guilty of unfair and unsafe practices when assigning repossessions to their network of agents.