Archive for April, 2012

Angry Over Repossession, Man Threatens Owner with Stun Gun

April 29, 2012

New Haven, CT – April 29, 2012 – According to police, a man upset that his car had been repossessed, confronted the owner of the auto sales company holding his car late Saturday morning and threatened him with a stun gun. Read More!

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MN Repo Man and Dealer May Face Charges for Illegal Data Access

April 29, 2012

Minneapolis, MN – April 27, 2012 – A Minnesota Repo Man and a DMV clerk at a car dealership may be facing criminal charges for unauthorized access to the states DMV records. Read More!

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Former Sheriff Deputy’s Lawsuit Against Repo Company and Toyota Motor Credit

April 26, 2012

Adrian, MI – April 25, 2012 – On Monday in Lenawee County Circuit Court, a former sheriff deputy’s lawsuit against a repo man he blames for his firing was scheduled for trial in September next year during a hearing Monday. Toyota Motor Credit was also named claiming the repossession order from Toyota Motor Credit Corp. […]

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No Relief for Lender in $370K RV Fraud

April 26, 2012

Chicago, IL – April 3, 2012 – Insurance wasn’t enough to protect Wisconsin’s North Shore Bank  in its attempts to obtain settlement on a $370K RV fraudulent RV loan. Apparently, a fake VIN wasn’t enough to qualify as they lost another round in a long legal fight for insurance coverage over the bad loan on […]

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East Texas Repo Owners Tell News of the Dangers of Modern Repossession

April 25, 2012

East Texas – April 24, 2012 – Having a vehicle re-possessed can be a very frustrating situation. But imagine being the man behind the tow truck. For Wesley Peirce, and his drivers at East Texas Auto Recovery in Longview, the goal seems simple. “The goal is to get the car and leave with it,” he […]

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Collecting in a High Tech World

April 24, 2012

New Webinar Thursday, May 3, 2012 COLLECTING IN A HIGH TECH WORLD 10:00 a.m. PDT, 11:00 MDT, 12:00 CDT, 1:00 EDT (Duration: Approximately 90 minutes) It’s a new world out there. Many collection laws were written when people communicated by telephone or by U.S. Postal mail. When the Fair Debt Collection Practices Act was enacted […]

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CA – Fists Fly and Arrest Made as Family Attempts to Stop Repo

April 19, 2012

Fresno, CA – April 18, 2012 – A unnamed Fresno Repo Man and his Supervisor met with the family of a borrower as they attempted to repossess their SUV from the driveway on Wednesday. What ensued led to punches thrown, an arrest and injuries to the two men. Read More!

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Associations and Staying Focused

April 18, 2012

Editorial In an industry that is particularly hazardous and known for its share of fast moving riptides it is important to check your bearings and be able to “check-in”. Taking the opportunity to be with literally hundreds repossessors is the best way to stay focused and avoid being caught up in the morass of a […]

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TFA Response to the Chase Contract

April 16, 2012

Editorial “We have been talking with many TFA members and insurance providers who are in receipt of the most recent Chase contact, and we must advise that, as an organization, we cannot support the terms of this contract. ” Read More!

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NFA Response to the New Chase Contract

April 15, 2012

Editorial Recently we have heard an outpouring of concern from the professional recovery agents and the insurance community regarding the newly released contract from Chase Auto Finance.  NFA shares your concerns.  The board discussed this matter last week at our midwinter meeting and decided to have the contract reviewed by our general counsel on behalf […]

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