Archive for September, 2010

Changing Tides

September 28, 2010

It’s easy to get distracted with all the news swirling around the repossession industry, but now more than ever, it’s important for the independent repossession agency to keep focused and provide the lending community the best service possible. That’s how we’ll prevail.

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A.T&J Recovery

September 26, 2010

Our Company Has In House Skip Tracing, In House Storage Of Personal Property, And 24/7 Operations. With Office Hours Of Monday Thru Friday 8 Am To 5 Pm. Upon Redemption Of Personal Property And Vehicles We Hold Them In Our Secured Storage Yards. We Are A Family Owned And Operated Company And As A Result You Can Expect Hands On Ownership With Dedication And Professionalism. We Take Pride In Our Business And Would Love The Opportunity To Extend That To You!

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Posted in Repo Ratings | 1 Comment »

Burning Down the House

September 26, 2010

In case you hadn’t heard, the recession ended last year. Forgive me if I don’t pop the champagne but, I haven’t seen any signs of that lately. One of the unfortunate trends that has erupted during the recession is a “scorched earth” mentality towards homes by their defaulting residents. As the result of the bank bailouts and finger pointing by the press, people have reached the conclusion that they are no longer responsible for their own outcomes and that the banks and Credit Unions are deserving of their wrath.

Posted in Editorials | 2 Comments »

NCUA Seizes Three More Corporate Credit Unions

September 25, 2010

September 24, 2010 – This Friday the National Credit Union Administration seized three Corporate Credit Unions. Illinois based United Corporate Federal Credit Union; Southwest Corporate Federal Credit Union of Plano, Tex. and Constitution Corporate Federal Credit Union of Wallingford, Conn., takes to five the number of Corporate Credit Unions under government control since March 2009 when they took over Western Corporate Credit Union of San Dimas, CA and US Central of Lenexa, KS.

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Victory Recovery Services, Inc

September 23, 2010

Victory Recovery celebrates its 21st year as a leader in the collateral recovery management industry. VRS provides a one stop solution to recover collateral anywhere in the country. Additionally, we offer recovery in Canada and have been successful in recovering collateral in Europe, Mexico, Guam, and several of the Caribbean Islands.

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Repo’s Unlimited, LLC

September 23, 2010

Repo’s Unlimited, LLC. has been in the repossession business since 1957. Herb Goldstein is a charter member of the American Recovery Association. Repo’s Unlimited, LLC. carries a five million dollar bond through American Recovery Association.

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Posted in Repo Ratings | 1 Comment »

PPS – Professional Process Services

September 20, 2010

Professional Process Services (PPS) has been providing the collection, legal, and finance industries with dedicated service since 1986. Initially founded as a subpoena service specializing in finding hard to serve litigants, PPS quickly found a niche in the collection and repossession business.

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Posted in Repo Ratings | 2 Comments »

Recovery Task Force & Holdings Inc

September 20, 2010

Recovery Of Assets & Skip Tracing

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Posted in Repo Ratings | 1 Comment »

Elizabeth Warren, the BCFP and You

September 19, 2010

When the US Senate Approved the “Wall Street Reform Bill”, did you know that “Debt Collectors” were directly named as an industry that will be watched over by the new Bureau of Consumer Financial Protection? Rest assured, repossession agents will be counted in with us. Do you know why you should be concerned that Elizabeth Warren has been appointed to the advisory position for its creation? These decisions effect our entire industry and could mean the end to thousands of jobs and small businesses.

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Posted in Editorials | 4 Comments »

The Changing Environment in the Collateral Recovery Industry

September 18, 2010

Most people think the recovery industry is booming. We receive calls weekly from the media wanting to cover industries, like ours, that are “thriving” during these tough economic times. Unfortunately, they are completely wrong.

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Posted in Editorials | 2 Comments »

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