FTC Brings First Case Alleging Text Messages Were Used In Illegal Debt Collection Scheme

ftc_logoDefendants Will Pay $1 Million to Settle Charges

A Glendale, California-based debt collector will pay $1 million dollars to settle Federal Trade Commission charges that the defendants violated federal law.  This is the first FTC action against a debt collector who used text messaging to attempt to collect debts in an unlawful manner.

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Man Accused of Rape and Shooting his Brother Pulls Gun on Repossessors

jr_jiminezTwin Falls, ID – September 19, 2013 – Convicted felon and alleged gang member, 31 year old Juan Roberto Jimenez was already being arraigned on charges that he raped a 14 year old girl multiple times as well as charges that he shot his brother. So when three Repossessors arrived to repossess his car, he did the predictable.

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Last Chance Webinar! MasterFiles for the Three Types of Tracing

master_filesIf you haven’t attended our free skip tracing classes, don’t miss your chance to learn the next generation in front-end verification and Skip-Tracing efforts. Bring your team! Everyone interested in skip-tracing is welcome to attend.

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Personal Property….IT’S MINE!

property_bagsGuest Article

We have been told that the number one complaint lodged against collateral recovery specialists are allegations of missing personal property.  I have been involved in providing opinions in numerous law suits involving self-help repossessions and none of them involved such allegations.  However, since this is apparently a serious issue I am submitting this article in hopes that it may clarify the importance and accepted methods of the proper handling of personal property contained in a vehicle at the time of repossession.

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CU Recovery Launches New Website

curecovery_screenprint

New Technology. Fresh Look. Essential Information

FOR IMMEDIATE RELEASE

September 17, 2013 Wyoming, MN.  CU Recovery, Inc. has launched its new website: www.curecovery.com. The new website offers quick and easy access to essential information and is part of the organization’s ongoing efforts to enhance the quality and availability of information to credit unions. The new site showcases a wide range of services available from CU Recovery and The Loan Service Center. A fresh new look is both easier to navigate, and focuses on making the important information more accessible.

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Largest Industry-Owned Forwarding and Facilitation Cooperative Hires Director of Business Development

NFA_new

Press Release

AUSTIN, Texas, Sep. 16, 2013 – National Finance Adjusters (NFA), a structured business cooperative owned by the top industry leading recovery and remarketing professionals in the nation, today announced it has hired John Houston to join its growing team as the Director of Business Development. In his new role, Houston will be responsible for creating advertising and marketing strategies, executing sales presentations and producing a skip tracing program to help NFA expand its business products and services to new and existing clients.

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Announcing a United Repossession Industry Council!

CORP3

A Letter to Lenders and the Repossession industry

Press Release

In the face of great adversity, people will ultimately find a way to come together.  Coming together does not necessarily mean that we will always agree, what it does mean, however, is that we will agree to collectively discuss our ideas – allowing each and everyone the opportunity to speak and be heard.

From this important, but assuredly not always a simple concept, we want to introduce the Council of Repossession Professionals to the repossession industry.  This Council is established to promote professionalism in the repossession industry, to address industry concerns and to offer a collective voice on the issues that our industry continues to face.

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