IL Repo Companies Almost Ready to Comply with New Repo Law, but the State Isn’t

Springfield, IL – June 18, 2012 – Ok, everyone in the Illinois repossession industry is getting ready for the launch of the new Illinois Repossession Laws, but unfortunately, The Illinois Commerce Commission, who will be enforcing the regulations isn’t quite ready. Their lack of forms and information is creating some frustration.

The new law was created to regulate repossession companies in Illinois is supposed to go into effect July 1, but there are some Repo Company Owners who are a little concerned about the new requirements.

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