Tag Archive

Starting a Repo Company – The Numbers Don’t Work!

Published on July 13, 2017 By Cucolle1

Editorial In March of 2017, my 16 years of employment with the credit union I had been working for, came to an end. The writing had been on the wall for a while, so it was disappointing, but not a complete surprise. The only question was, what next? Plan B – My 19 year career […]

Allied Finance Adjusters and RSIG Joint Convention – NO RAIN ON OUR PARADE!

Published on July 10, 2017 By Cucolle1

Weather forecast for June 21st thru 24th 2017 100%   Beautiful! 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 […]

NCUCA Las Vegas 2017 is a Hit!

Published on March 24, 2017 By Cucolle1

PRESS RELEASE Los Angeles – 24 March 2017 – On March 15–17, 2017, the 3rd Annual National Credit Union Collections Alliance (NCUCA) was held at the Bellagio in Las Vegas and was attended by over 230 attendees from 130 credit unions and 26 states.  Of these attendees, 95% are in collections management. This upstart event has […]

Developing World-Class Debt Collectors Collection Education Scholarships Available

Published on March 8, 2017 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – March 7, 2017 – Keeping debt collectors up-to-date with fundamental resources and regulatory changes is one secret of a successful collection department.  With changes to the industry coming from every direction, it can be a challenge to keep staff informed.  Now in its seventh year, the CU Recovery Collection […]

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

Published on February 15, 2017 By Cucolle1

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 […]

Loss Preventions Services, LLC Selects MBSi Corp. as Technology and Compliance Partner

Published on February 3, 2017 By Cucolle1

Press Release  Grandville, MI– February 2, 2017 – Loss Prevention Services, LLC, an industry leader in repossession and skip tracing services, announced today that it has chosen MBSi Corp. (MBSi) as its assignment and compliance management solution. Throughout this next year, LPS will transition their assignment management platform to Recovery Connect (RC), MBSi’s next generation […]

LAFCU’s Art Sookazian Named CU Times Trailblazer 40 Below Honoree

Published on January 27, 2017 By Cucolle1

FOR IMMEDIATE RELEASE Los Angeles, CA – December 19, 2016 – Art Sookazian, Vice President of Special Services at Los Angeles Federal Credit Union (LAFCU), was recently named one of the recipients of the Credit Union Times’ 2016 Trailblazers, 40 Below program, which annually recognizes young credit union executives who are creating innovative advances in […]

NARS 2017 Early Bird Registration Ending Soon

Published on January 26, 2017 By Cucolle1

July 26-27, 2017 –  Omni Mandalay Hotel at Las Colinas in Irving, Texas   NARS will be here before we know it, and there’s only one month left to take advantage of the special early bird registration discount. Get your tickets by February 28, 2017 to save 20% on the cost of registration-–don’t delay, register now! […]

Helping Credit Union Collection Departments Succeed with Educational Sessions & Open Floor Discussions

Published on November 18, 2016 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – November 16, 2016 – CU Recovery’s 2016 Collection Academy was another successful exchange of ideas on how credit unions can increase effectiveness in their collection departments.  The sold-out crowd included participants from credit unions from around the country. Many sent several people to take advantage of the rich content […]

An Open Letter to Santander Consumer USA, Chrysler Capital and MBSi Corp.:

Published on November 16, 2016 By Cucolle1

FOR IMMEDIATE RELEASE November 16, 2016 – Recovery/Repossession businesses across the country recently received a letter from MBSi Corp.—telling these small business owners that they are REQUIRED to purchase and download MBSi’s newest evolution software and operating system, Recovery Connect. Failing to do this, the letter said, would discontinue the ability of the repossession company […]

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