Archive for September, 2013

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

September 29, 2013

Defendants 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.   Read […]

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Limitation of Liability, What is this?

September 26, 2013

Guest Editorial Recently another repossession management company, forwarding company, released a new contract and included this wonderful colorful language in their contract. What does this mean and how does it affect me I asked.   Read More!

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SC Repo Man Pelted with Bricks and Rocks

September 26, 2013

Laurens, SC – September 24, 2013 – During a repossession, a Repo Man and his driver were reportedly pelted with bricks, rocks and an unknown fluid as they drove away and were soon being chased down and the towed vehicle rammed by a Father and his two belligerent sons.   Read More!

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Repo Attempt Leads to Shots Fired and Police Standoff

September 21, 2013

Elk Grove, CA – September 20, 2013 – A police standoff occurred in an Elk Grove neighborhood following a man’s overreaction to his car being repossessed Friday morning.   Read More!

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

September 21, 2013

Twin 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 […]

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Last Chance Webinar! MasterFiles for the Three Types of Tracing

September 19, 2013

If 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. Read More!

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Personal Property….IT’S MINE!

September 19, 2013

Guest 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 […]

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CU Recovery Launches New Website

September 19, 2013

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 […]

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

September 17, 2013

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 […]

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Announcing a United Repossession Industry Council!

September 14, 2013

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 […]

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