October 10, 2017 – The year was 2006: the first internet account management software was introduced into the repossession industry. Since that time, the purveyors of different electronic account management systems have been in an all-out economic “war” to corner the market on connecting lenders with repossessors through their own proprietary software systems.
Cockroaches scurry for cover under the seats as you open the door of the car that was just repossessed earlier that morning. The sun has been up for a few hours and the car’s interior has fermented it’s contents that greet you with a sour rotting smell. Rubber gloves on and trash bag in hand, you begin the inventory of a half-eaten “Egg MCMuffin”, dirty diapers, assorted papers, shirts and a lot of items belonging to the borrower that makes you wonder why is all of this in their vehicle? This is, no doubt, sometimes the most unpleasant part of the repossession process.
So, why do you do it? You have to! It’s the law. As a legal compromise, the law also allows you to charge for the removal, inventory and storage of this property. So, why would you not charge for this?
OCTOBER 18TH – 20TH 2017
The 2017 Allied Finance Adjusters Midyear Meeting will be in beautiful Orlando Florida, registration is open but space is limited so book your reservation soon. Come for the world class training Allied Finance Adjusters is renowned for and stay for a trip to Disney World.
FOR IMMEDIATE RELEASE
The Recovery Agents Benefit Fund has been asked by the leaders of American Recovery Association, Allied Finance Adjusters Conference Inc., Time Finance Adjusters, CALR, RSIG and by the editor of CUCollector to step up and to accept donations for those who may be affected by Hurricanes Harvey which struck the Gulf and Irma which made US landfall this weekend in Florida.
It has been brought to the attention of several repossession association Presidents, that there are Lenders out there that appear to be obstructing the release and transport of vehicles from the lots of repossession agencies in the path of Hurricane Irma while also requesting more cars be repossessed up to the last minute. We know who you are, and at this point we are hoping that this is merely a misunderstanding and not an obvious attempt to force insurance losses on any repossession agency instead of your own insurance coverage.
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.
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
It was an exquisite June afternoon at the Sheraton San Diego Hotel & Marina where 514 repossessors from all across the nation converged into what was hailed as the industry event of the year! Additionally, several dozen industry vendors stood at their booths ready to offer goods and services. The event kicked off socializing with old friends and networking with the 50 plus clients that were present. They ranged from Prime to Subprime, Credit Unions and Buy Here Pay Here’s.
It was a beautiful week in San Diego as hundreds of RSIG and AFA Member gathered for the RSIG AFA Conference in San Diego. With the combined associations all in one place, the ball rooms were packed and I knew very quickly that this was going to be a stellar event. Socializing with old friends and new are at least half of the value in these events and this was definitely loaded with some great times! I hadn’t been to an association event in a couple of years and I definitely found the right one to attend!
2017 Education Training and Trade Event for Repossession & Finance Industry Professionals hosted by Recovery Specialist Insurance Group and Allied Finance Adjusters Now Offering Stand Alone Classes:
Full conference registrations include these sessions and much more, including meals and networking time with exhibitors and lenders. Full registrations include the opportunity to receive a continuing education certificate showing that you attended over 14 hours of training.