The License Plate May Soon Become Digital

Reviver is a start up with heavyweights like the chairman of Microsoft on its Board of Directors.  It’s determined to make the license plate digital and connected. Reviver says the license plate hasn’t changed in 125 years, so it’s pushing it into the 21st century by turning it into a digital display and connecting it to the Dept. of Motor Vehicles (DMV)

  Read More!

Prison Term of Repo Man Killer Reduced

Fauquier County, VA – 28 February, 2017 – The Virginia Court of Appeals today reversed a portion of the conviction of a Marshall man who shot and killed 23 year old Junior Jordan Montero while he was repossessing his car in June 2014.

Carroll Edward “Tootie” Gregg, 55, of Marshall, was found guilty of two involuntary manslaughter charges, one statutory and one common law, after a five-day jury trial in September 2015.

  Read More!

Santander Decides Not to Use GPS

Dallas-based Santander Consumer USA Holdings Inc., one of the country’s biggest subprime auto lenders, has decided not to use GPS-tracking and ignition kill switch technology as regulators clamp down on the devices, an executive said.

  Read More!

Two Arrested in Repo Attempt

Fremont, NB – 22 February 2017 – Two Fremont men were arrested after they allegedly tried to repossess a vehicle from a Fremont residence early Tuesday evening.

  Read More!

The Next Financial Crisis Might Be in Your Driveway

With late payments on the rise, a dealership upsell begins to look dangerous.

Lured by low interest rates, low gas prices, and a crop of seductive vehicles that are faster, smarter, and more efficient than ever before, American drivers are increasingly riding in style. Don’t be fooled by the curb appeal, though-those swanky machines are heavily leveraged.

The country’s auto debt hit a record in the fourth quarter of 2016, according to the Federal Reserve Bank of New York, when a rush of year-end car shopping pushed vehicle loans to a dubious peak of $1.16 trillion. The combination of new car smell and new credit woes stretches from Subarus in Maine to Teslas in San Francisco.

  Read More!

Primeritus Financial Services Acquires Global Investigative Services

PRESS RELEASE

Nashville, TN – February 15, 2017 – Primeritus Financial Services, Inc. – the leading provider of recovery management, skip tracing, and remarketing services to the auto finance industry in the U.S. – today announced the acquisition of Global Investigative Services, LLC (GIS).   Based in Rockwall, TX, GIS was founded by Greg Hill and partner Danny Tolbert and provides vehicle skip tracing services, equipment recovery and investigative services to the finance community. 

  Read More!

Why is Insurance for the Towing and Repossession Markets so Hard to Find?

Press Release

RSIG requires members and most national client contracts require repossessors to have $1,000,000 in commercial auto coverage for scheduled vehicles or “owned-autos” a/k/a your tow trucks, spotter vehicles and camera cars.  Repossessors have often tried to minimize insurance costs by just having a towing policy, which they believe covers repossession activities.  And for years towers have used their towing policy to try to get into doing repossessions, without having the same coverages and costs associated with their policies.

  Read More!

An Education, Training, Trade & Networking Event for Repossession Industry Professionals

Hosted by: Recovery Specialist Insurance Group & Allied Finance Adjusters Conference Inc.

Press Release

Are you concerned with 3rd parties tracking your every move?  Have you attended an Internet Profiling Course by Michele Stuart of JAG Investigations in the past 2 years?  If not, you should plan on attending the Education, Training, Trade & Networking event of 2017, hosted by Recovery Specialist Insurance Group and Allied Finance Adjusters Conference Inc.

  Read More!

Repo Man Shot During Alleged Garage Break In

Lake Havasu City , AZ – 10 February 2017 – Lake Havasu City Police are investigating a shooting in the 2400 block of North Rainbow Avenue that sent two men to the hospital Thursday with non-life threatening injuries. At 2:18 a.m. a female in the residence called police to report there were people attempting to break into the home and access a motorcycle. Detective Sgt. Chad Williams said police believe the men were there to repossess the motorcycle when the male homeowner entered the attached garage armed with a rifle and opened fire.

  Read More!

Repo Man Takes Baby for a Ride

Dewey, AZ – 9 February 2017 – A mother put her toddler in the car on Wednesday Feb. 8, ran back into her house, and came back to find the car and child gone, according to Dwight D’Evelyn, a spokesperson for the Yavapai County Sheriff’s Office.

  Read More!

9 visitors online now
4 guests, 5 bots, 0 members
Max visitors today: 48 at 04:16 am UTC
This month: 74 at 03-06-2017 08:16 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