Tag Archive

TX Repo Man Injured by Borrower

Published on March 23, 2017 By Cucolle1

Wichita Fall, TX – 22 March 2017 – A Wichita Falls Repo Man attempting to repossess a pick-up, received injuries after the borrower allegedly tried to tear his truck free from the wheel lift.   Read More!

Know Your Equipment Inside & Out

Published on March 21, 2017 By Cucolle1

Guest Editorial 21 March 2017 – Detroit Wrecker Sales prides itself on interactions with those in the towing & recovery industry. Whether you have purchased one of their products or not, Detroit Wrecker strives every day to not only build the highest quality product on the market, but provide the men & women of this […]

North American Repossessors Summit Announces 5th Annual Golf Tournament

Published on March 17, 2017 By Cucolle1

IRVING, Texas – March 16, 2017 – The North American Repossessors Summit (NARS), an industry event hosted by the American Recovery Association (ARA) and headline sponsor Harding Brooks Insurance, is pleased to announce its partnership with MVTRAC to host the fifth annual NARS Golf Tournament at the beautiful Dallas Cowboys Golf Club. The 2017 event […]

Last Days for Discounted Registration Fees – Early Bird Ends 3/15/17!

Published on March 15, 2017 By Cucolle1

Education, Training, Networking and Trade Event of the Year, hosted by: Allied Finance Adjusters Conference Inc. & Recovery Specialist Insurance Group Early bird registration for the 2017 Education, Training, Networking and Trade Event for repossession and financial institution professionals, hosted by Recovery Specialist Insurance Group and Allied Finance Adjusters Conference Inc ends March 15, 2017.  […]

Subprime Auto Loan Losses Reach Highest Level since the Financial Crisis

Published on March 13, 2017 By Cucolle1

Subprime net loss rate in auto bonds rose to 9.1% in January U.S. subprime auto lenders are losing money on car loans at the highest rate since the aftermath of the 2008 financial crisis as more borrowers fall behind on payments, according to S&P Global Ratings. Losses for the loans, annualized, were 9.1 percent in […]

Repossession Amateur Hour in a California Trailer Park

Published on March 10, 2017 By Cucolle1

This is why lenders need to use qualified agents! Calaveras County, CA – March 9, 2017 – Sheriff’s Deputies responding to a report of a fight at the Sequoia Rose Mobile Home Park in Valley Springs Feb. 27 wound up arresting three adults and a juvenile on assault charges. In an official release on the […]

Allied Finance Adjusters Secures New Insurance Options for its Members

Published on March 6, 2017 By Cucolle1

“The Largest Not-For-Profit National Trade Association Of Repossession Specialists Since 1936” Allied Finance Adjusters has the Solution! PRESS RELEASE Many of you may already be aware of the notice of intent to cancel every trade association’s current $1,000,000 and $5,000,000 insurance policies by the carrier, Travelers Insurance Company.  This stems from a six month long […]

The License Plate May Soon Become Digital

Published on March 2, 2017 By Cucolle1

Reviver is a start up with heavyweights like the chairman of Microsoft on its Board of Directors.  It’s determined to make the license plate digital and connected. Reviver says the license plate hasn’t changed in 125 years, so it’s pushing it into the 21st century by turning it into a digital display and connecting it […]

Prison Term of Repo Man Killer Reduced

Published on March 1, 2017 By Cucolle1

Fauquier County, VA – 28 February, 2017 – The Virginia Court of Appeals today reversed a portion of the conviction of a Marshall man who shot and killed 23 year old Junior Jordan Montero while he was repossessing his car in June 2014. Carroll Edward “Tootie” Gregg, 55, of Marshall, was found guilty of two […]

Santander Decides Not to Use GPS

Published on February 27, 2017 By Cucolle1

Dallas-based Santander Consumer USA Holdings Inc., one of the country’s biggest subprime auto lenders, has decided not to use GPS-tracking and ignition kill switch technology as regulators clamp down on the devices, an executive said.   Read More!

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