Tag Archive

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 […]

When Does and Independent Contractor Become an Employee?

Published on November 10, 2016 By Cucolle1

Guest Editorial There is a strange phenomenon occurring in the asset recovery industry consisting of deep client involvement in the repossession process related to the control and intrusion in the actual act of the repossession. For some reason the clients seem to be more involved with controlling the actions of the agent in the field […]

Standardizing Rates or Unfair Price Fixing!

Published on April 17, 2016 By Cucolle1

GUEST EDITORIAL An email message to agents appeared in my inbox yesterday that causes great alarm to me and should be ringing your alarm bells too. In an attempt to fall within an undefined state of “COMPLIANCE” a strong player within the recovery industry has taken it upon themselves to set “Work environment financial rules” […]

Are You the Flavor of the Month?

Published on April 9, 2016 By Cucolle1

Guest Editorial Are you being contacted by clients you have not heard from in years, or even clients you have never heard of?  There seems to be a scurry of inquiries about our services all around the nation lately.  Could this mean clients are becoming disenchanted with the forwarding model that took over not so […]

Does the Repo Man’s Life Matter Anymore?

Published on April 8, 2016 By Cucolle1

Guest Editorial In my 30 plus years in the repossession business I have seen so many changes that has affected the way we do business. Auto auctions have set up companies to solicit the handling of repossessions for the major banks and captive finance companies. Their purpose is to increase their sales of recovered collateral.  They […]

The George Badeen vs. PAR War Wages On

Published on March 29, 2016 By Cucolle1

Lansing, MI – March 23, 2016 – Despite clear administrative and judicial rulings from 2014 & 2015, declaring PAR to be a “Debt Collection Agency” by definition under Michigan Law, PAR appears undaunted and continues in it’s attempts to thwart any attempt to limit its doing business in the State of Michigan or be defined […]

Are The Repossession Associations Dying?

Published on February 29, 2016 By Cucolle1

Guest Editorial We have heard from some that, with the rise of repossessors working direct for large forwarders or major lenders, that the role of repossession trade associations are on the wane.   Read More!

HELP !!! The Recovery Industry is Under Major Attack!!!

Published on February 24, 2016 By Cucolle1

A large national forwarder is attempting to change 493 PRESS RELEASE Fellow recovery agents, just like they tried last year, a large national forwarder is attempting to change 493 and attempting to create an exemption for themselves from licensure! For the second year in a row they are attempting to change the definition of what a recovery agency […]

9 visitors online now
2 guests, 7 bots, 0 members
Max visitors today: 14 at 12:31 am UTC
This month: 89 at 02-10-2017 08:06 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