Belleville, IL – April 26, 2017 – Repo man Jim Ford raised money to return the elderly couple’s car plus an extra $1,000 five months ago, but that is not the end of the story. “Stan and I were at peace because we weren’t worrying about bill collectors,” Pat Kipping said. “I had a happy few months because of what Jim did for us.”
But then Kipping, 69, in March was in the Red Bud hospital getting treatment for a new heart condition. She heard her husband, Stan, fell at home.
Scary U.S. Auto Loan Debt Numbers Foreshadow Economic Downturn
Rising U.S. Auto Loan Debt a Symptom of Bubble Economics Permeating Society
Auto industry sales have come back from the “Great Recession” grave, but U.S. auto loan debt threatens to relegate the industry to purgatory. Rock-bottom interest rates have allowed consumers to gorge on debt for too long, setting the stage for the auto loan debt 2017 debacle playing out before our eyes. The bill has come due, and the auto industry is bracing for a protracted retrenchment.
Petersburg, VA – 23 April 2017 – The Petersburg Assistant Fire Marshal is speaking out after he was arrested at his home Friday and charged with shooting at two repo men. Marlow Jones faces two misdemeanors after the repo company said he pointed a gun at them to make them leave. Jones is challenging that claim and the reason they showed up to his door in the first place.
Dallas, TX – 18 April 2017 – Clifford McCrary, former CEO of the now bankrupt Windsor Equity Group, a debt collection and skip locating firm, has accepted a plea agreement with the Dallas County District Attorneys Office resulting from charges of misapplication of fiduciary property. As a condition of his 10 year probation, McCrary has been ordered to pay $215,989 in restitution to Loss Prevention Services, LLC.
DeFuniak Springs, FL – 18 April 2017 – A picture is worth 1,000 words. A photo taken of a deputy on the scene of a shots fired at a Repo Man call is no less than heartwarming. Tuesday morning around 2:30am Walton County Sheriff’s Office deputies responded to Wildflower Street in DeFuniak Springs after a 911 call by repossession agent who said a woman was firing shots at him.
Seems these days there is a day or a month in honor or recognition of anything and everything, but this month there is an important one that all in the repossession industry need to pay attention to and that is National Distracted Driver Month.
A fundraising auction will be held Thursday June 22nd, 2017 at the Sheraton San Diego Hotel and Marina, at the 2017 Education Training & Trade Event for Repossession and Finance Industry Professionals, hosted by Recovery Specialist Insurance Group and Allied Finance Adjusters Conference Inc.
These two groups bring together hundreds of repossession professionals in an annual training and networking event and in bringing those individuals together, have been able to raise thousands and thousands of dollars for the Recovery Agents Benefit Fund. If you’re not registered to attend, go to www.rsig.com or www.alliedfinanceadjusters.com to get the registration links and get signed up to go!