Bill Threatens to Outlaw ALPR in California

Sacramento, CA – March 22, 2012 – If California State Senator Joe Simitian (D- Palo Alto) has his way, ALPR data will only be allowed to be retained for  60 days by law enforcement and will not be made available to anyone except law enforcement in the state of California. The bill is set for hearing on March 27, 2012. The impact of this could cost repossession companies statewide hundreds of thousands of dollars in worthless camera gear if passed.

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“Repos Gone Bad” – The Huffington Post Article

Editorial

Dallas, TX – Mach 22, 2012 – I had just checked in at the Omni Mandalay in Las Colinas for the North American Repossessors Summit (NARS) when I received an email. The Huffington Post had just published an article about the state of the repossession industry titled “Repos Gone Bad: Are Big Lenders To Blame for Driveway Violence?” Having been one of many interviewed by Dave Jamieson, I confess some apprehension in what was to be published. Upon reading it several times, I felt that for the most, he got it right.

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CARS Unveils Free Open-Source IBEAM Portal

Press Release

Consolidated Asset Recovery Systems launched a new open-source, freeware version of its IBEAM Web portal to the agent and lender community.

The company highlighted this new version of IBEAM — available after April 15 — will be specific to repossession and invoice management, providing all the capabilities of asset tracking, real-time monitoring of updates, online condition reports and complete transparency throughout the recovery process.

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