Tag Archive

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

Published on August 22, 2017 By Cucolle1

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 […]

Enough is Enough

Published on August 14, 2017 By Cucolle1

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 […]

What Happens When the Professional Repossession Industry Dies?

Published on July 26, 2017 By Cucolle1

EDITORIAL Well, this isn’t likely to help in my job hunt in lending and collections, but I’ve got to get it off my chest. A friend of mine who works in a repossession related business, recently had a meeting with a leader of a large financial organization who assigns their work through a large forwarding […]

PAR North America Assists the RABF With a Significant Donation and Pledges Future Support!

Published on July 25, 2017 By Cucolle1

Jeff Sibbet, Director of Recovery Services for PAR North America reached out to the Recovery Agents Benefit Fund with exciting news of their support for the RABF at their recent Agent Networking Event and Golf Outing held in Indianapolis, Indiana in June; along with news of their planned continued support of the fund and this […]

The $500 Repo Fee

Published on July 17, 2017 By Cucolle1

Editorial $500 repo fee. Sounds pretty radical, doesn’t it? Well, really, it’s not. I imagine every one of us has had a father or grandfather who tells us how candy bars used to cost a nickel and gas was a quarter a gallon. Well, they’re usually telling the truth. These changes are reactionary to operational […]

Pressing Issues of Our Time

Published on July 16, 2017 By Cucolle1

FOR IMMEDIATE RELEASE As we quickly approach the arrival of our 9th anniversary of the first North American Repossessors Summit (NARS), I thought I would reflect some on where we are today as an industry. For starters, many of the people who attended the first conference are no longer in the business, and I am […]

PAR and Santander Named in “Forcible Removal” Lawsuit

Published on June 1, 2017 By Cucolle1

Paintsville, KY – 31 May 2017 – Sandra Baldwin, a Johnson County resident, and her lawyer, David Runyon of Kirk Law Firm, have filed a 19-page lawsuit against AA REPO EAST, LLC, of Lexington, Eddie Pinson of Pikeville, allegedly an employee of AA REPO EAST, SANTANDER CONSUMER U.S.A. and PAR, IN. d/b/a PAR NORTH AMERICA […]

Primeritus Financial Services Acquires Global Investigative Services

Published on February 16, 2017 By Cucolle1

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 […]

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! […]

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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