Archive for April, 2015

Repo Attempt Leads to Armed Standoff

April 30, 2015

Chelmsford, MA – 28 April, 2015 – An armed suspect surrendered peacefully to Chelmsford police and a SWAT team from the Northeastern Massachusetts Law Enforcement Council early this morning after a more than three-hour standoff.     Read More!

Tags: , , , , , , , , ,
Posted in News | No Comments »

PlateSmart Technologies Selects PRA Location Services as Exclusive Reseller of “Software Only” LPR Solution

April 28, 2015

Auto recovery leader and disruptive LPR technology to transform industry   OLDSMAR, Fla. – April 29, 2015 —PlateSmart Technologies, the industry leader in License Plate Recognition (LPR), today announced an exclusive licensing agreement with PRA Location Services, a business of PRA Group (Nasdaq: PRAA), to provide LPR technology for PLS’ repossession and recovery services nationwide. […]

Tags: , , , , , , , , , , , , , ,
Posted in Press Releases | No Comments »

Strong Loan Growth Continues Competitive Pricing Often leads to Increased Bad Debt

April 28, 2015

FOR IMMEDIATE RELEASE Wyoming, MN April 27, 2015. Current economic forecasts indicate that loan growth will continue for the rest of 2015 and 2016. CUNA’s Credit Union Trends Report indicates that in February 2015 credit unions increased their loan portfolios by .22% up from .11% in February 2014 and loan balances grew at a 10.9% […]

Tags: , , , , ,
Posted in Press Releases | No Comments »

Reckless Shed Repo Leads to TV News

April 27, 2015

Kings Mountain, NC – April 27, 2015 – OK, I don’t know who out there reading this has ever repossessed a shed or a mobile home, but it is supposed to be a slow and delicate matter. Not sure if this was this companies first, but it doesn’t look like it turned out too well. […]

Tags: , , , , , ,
Posted in News | No Comments »

Family Fracas with Repo Man Leads to Theft and Assault Charges after Altercation

April 27, 2015

Sacramento, CA – April 21, 2015 – There are two sides to every story, but sometimes, the defenses people play to excuse their wild behavior during a repossession are very questionable and once again, the practice of going to the door for keys and to let the borrower get their property from the vehicle proves […]

Tags: , , , , , , , , , , ,
Posted in News | No Comments »

Trial Begins for Woman Accused of Shooting at Repo Man

April 24, 2015

Flint, MI –April 22, 2015 – A trial is underway for a woman who police claim fired a gun at a Repo Man last year as he attempted to repossess her vehicle.   Read More!

Tags: , , , , , , ,
Posted in News | No Comments »

Man Threatens Repo Man then Takes His Own Life

April 22, 2015

Elk Grove, CA – April 20, 2015 – A repossession at an Elk Grove car dealership turned deadly Monday afternoon after police said a suspect pulled a gun on a Repo Man before taking his own life.   Read More!

Tags: , , , , , , , ,
Posted in Hot Topics | No Comments »

What should you pay for a repossession service & What is the true cost of a compliant repossession?

April 21, 2015

 Consolidated Asset Recovery Systems Presents:     What should a repossession cost? What is the market average? How much of a premium does performing a compliant repo add to the service? Do I care what my forwarder is paying the agent? If so, how much should they pay? Does geography affect the cost? Which fee’s […]

Tags: , , , , , , , , , ,
Posted in Press Releases | No Comments »

Repo Man Comes under AK Fire

April 20, 2015

Buckingham Township, PA – April 19, 2015 – A 50 year old Philadelphia man allegedly took two shots at an unnamed Repo Man Saturday and now sits in jail held on charges of criminal attempted homicide, aggravated assault, terrorist threats and other related charges.   Read More!

Tags: , , , , , , , ,
Posted in News | No Comments »

Court Rules Repossession Agency Subject to Liability under FDCPA upon Violation of State Self-Help Repo Law Requirements

April 14, 2015

Ohio, February 27, 2015 – A recent court decision from the Northern District of Ohio, Vantu v. Echo Recovery, L.L.C., held that a repossession agency, while generally not subject to liability under the Fair Debt Collection Practices Act, becomes subject to such liability when it undertakes to repossess collateral that it does not have a present […]

Tags: , , , , , , , , , , ,
Posted in News | No Comments »

10 visitors online now
5 guests, 5 bots, 0 members
Max visitors today: 24 at 12:20 am UTC
This month: 89 at 02-10-2017 08:06 am UTC
This year: 89 at 02-10-2017 08:06 am UTC
All time: 307 at 07-02-2014 03:18 pm UTC
Skip to toolbar