My Recovery Systems Announces No Billing for Hurricane Harvey Customers

30 August 2017 – CUCollector just received an email that an agent in the area affected by Hurricane Harvey from My Recovery Systems (MRS) advising them that they will stop billing them for two months to assist them in this time of hardship.

What a class act! This is what happens when vendors appreciate and respect their clients.

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Santander Demands CARS Certification – The Contingent Fee Contradiction

Editorial

We’ve been getting a lot of laughs lately, as well as some copies of cancellation letters being sent to lenders and forwarders over their ludicrous demands. If you work for Santander/Chrysler you should have already received their latest demand for CARS Certification. While we strongly support the CARS program created by the respected industry veterans, Joe Taylor and Stamatis Ferrolis and RISC, we find the Santander/Chryslers demands almost laughable considering they demand their agents partake in the obviously dangerous practice of contingent assignments.

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Rate a Lender, Rate a Forwarder

A common inquiry on social media in the repossession industry is, lender and Forwarder performance. In these posts, it can be difficult to measure exactly what the overall experience is amongst agents and agencies. In our effort to facilitate a platform for agents and agencies to provide valuable feedback to others in the industry, we have created easy to access polls measuring the performance of Lenders and vendors on a number of various aspects such as fees, storage and quality.

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Caught on Video – Repo Man Chased and Attacked

The owner of the car was holding a crowbar and smashed the rear window of the tow truck while the truck driver tried to escape, according to investigators. Sparks were flying from the vehicle as it was dragged for more than 10 minutes through the streets of Compton.

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Requiring Lender’s Locksmiths Lot Access – Another Encroachment and Contradiction

Editorial

So, you have a fence around your storage yard, perhaps some barbed wire on top and cameras recording everything going on. Why? Security of course. As an agency owner, it is crucial that you secure your business and the recovered collateral. So, why would you give a person you don’t know access to your yard and the vehicles stored on it?

Well, that’s the newest infringement on repossession agencies that is occurring now.

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CALR Saves You Money by Partnering With VTS!

For Immediate Release

8/16/2017 – Members in California will no longer have to pay for background checks on the VTS platform, if the CALR Member is in good standing and their employee(s) holds a valid Repossession Agency Employee (RAE) Registrant or a Qualified Manager (QM) license.

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Enough is Enough

EDITORIAL

What is going on in the repossession industry?  For years we have been pushed around, dictated to, coerced by false information, and downright bullied.  But Enough is Enough!

The Council of Repossession Professionals (CORP) can no longer stand back and discuss the issues.  We have to get out front and disseminate all the information we can to you, the hardworking, professional recovery agents and owners, with a belief that you can make informed decisions.

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Contingent Work = Casual Work?

Editorial

The other day, I was sent an email from a leader at one of the major trade associations that just about made me laugh, if only for the fact it is so ridiculous, farfetched and outright outrageous. I was shown the Wikipedia definition of Contingent Work. You know, as in contingent assignments?

Contingent work or casual work is an employment relationship which is considered non-permanent. These jobs are typically part time (typically with variable hours), have limited job security, and result in payment on a piece work basis. Contingent work is usually not considered to be a career or part of a career. One of the features of contingent work is that it usually offers little or no opportunity for career development. Contingent workers are also often called freelancers, independent professionals, temporary contract workers, independent contractors, or consultants

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