Dumpster Diving – Personal Property Fees

Editorial

Cockroaches scurry for cover under the seats as you open the door of the car that was just repossessed earlier that morning. The sun has been up for a few hours and the car’s interior has fermented it’s contents that greet you with a sour rotting smell. Rubber gloves on and trash bag in hand, you begin the inventory of a half-eaten “Egg MCMuffin”, dirty diapers, assorted papers, shirts and a lot of items belonging to the borrower that makes you wonder why is all of this in their vehicle? This is, no doubt, sometimes the most unpleasant part of the repossession process.

So, why do you do it? You have to! It’s the law. As a legal compromise, the law also allows you to charge for the removal, inventory and storage of this property. So, why would you not charge for this?

  Read More!

Getting Back to the Point – The Heart of the Santander CARS Mandate Editorial

EDITORIAL REBUTTAL

Our initial editorial titled “Santander Demands CARS Certification – The Contingent Fee Contradiction” we addressed the issue of Santander/Chrysler demanding that all of their approximate 700 agencies be CARS Certified. Despite our extreme efforts to distance any blame on RISC, CARS or Joe Taylor, Stamatis Ferrolis or Mark Lacek, all of their editorial responses focused solely upon their defense. It seems like either they all miss the point or perhaps they agree with us and just can’t say it?

  Read More!

RABF to Manage Hurricane Relief Fundraising for Repossession Industry

FOR IMMEDIATE RELEASE

The Recovery Agents Benefit Fund has been asked by the leaders of American Recovery Association, Allied Finance Adjusters Conference Inc., Time Finance Adjusters, CALR, RSIG and by the editor of CUCollector to step up and to accept donations for those who may be affected by Hurricanes Harvey which struck the Gulf and Irma which made US landfall this weekend in Florida.

  Read More!

Repo Agencies in Hurricane Path Report Lenders Not Allowing Vehicles to be Transported – Important Information for Lenders & Forwarders!

EDITORIAL

It has been brought to the attention of several repossession association Presidents, that there are Lenders out there that appear to be obstructing the release and transport of vehicles from the lots of repossession agencies in the path of Hurricane Irma while also requesting more cars be repossessed up to the last minute. We know who you are, and at this point we are hoping that this is merely a misunderstanding and not an obvious attempt to force insurance losses on any repossession agency instead of your own insurance coverage.

  Read More!

Santander Demands CARS Certification – The Contingent Fee Contradiction

Editorial

We’ve been getting a lot of laughs lately, as well as some copies of cancellation letters being sent to lenders and forwarders over their ludicrous demands. If you work for Santander/Chrysler you should have already received their latest demand for CARS Certification. While we strongly support the CARS program created by the respected industry veterans, Joe Taylor and Stamatis Ferrolis and RISC, we find the Santander/Chryslers demands almost laughable considering they demand their agents partake in the obviously dangerous practice of contingent assignments.

  Read More!

Contingent Work = Casual Work?

Editorial

The other day, I was sent an email from a leader at one of the major trade associations that just about made me laugh, if only for the fact it is so ridiculous, farfetched and outright outrageous. I was shown the Wikipedia definition of Contingent Work. You know, as in contingent assignments?

Contingent work or casual work is an employment relationship which is considered non-permanent. These jobs are typically part time (typically with variable hours), have limited job security, and result in payment on a piece work basis. Contingent work is usually not considered to be a career or part of a career. One of the features of contingent work is that it usually offers little or no opportunity for career development. Contingent workers are also often called freelancers, independent professionals, temporary contract workers, independent contractors, or consultants

  Read More!

Time Finance Adjusters Annual Conference… A First in the Industry

TFA_MEDThe Annual Conference of Time Finance Adjusters members was recently held at the Atlanta Airport Gateway Marriott and was a highly successful “FIRST” in the Asset Recovery Industry.

  Read More!

RepoPulse to Hold Free Webinar on Field Safety

repo_pulse_Xlrg_7_16

Experts to share tips, ideas to help keep repossession agents safe

FOR IMMEDIATE RELEASE:

July 12, 2016 – RepoPulse.com is excited to host a free webinar on Tuesday, July 19 at 1pm EDT to help agents minimize incidents and try to avoid altercations while in the field.

  Read More!

Time Finance Adjusters Announces Online CFPB Compliance Training Through Partnership With VTS

tfa_vts_logos

 

FOR IMMEDIATE RELEASE: July 5, 2016 – Time Finance Adjusters (TFA), a national trade association for the automobile recovery industry, announced today a first-ever innovative partnership with Vendor Transparency Solutions to provide ongoing, verifiable continuing education for TFA members, their staff, and field agents.

  Read More!

Out with the Old, In with the New!

COMPASS_N_AR

 

FOR IMMEDIATE RELEASE

April 1, 2016

To All Our Clients, Adjusters, Transporters and Associates:

As of this date we would like to inform you that changes are being made to our company.

After 30 years the corporate office of Falcon International has given me the opportunity to buy Falcon Northeast. Since the death of our founder, Harvey C. Altes in March of 2015 we have come to an agreement.

  Read More!

Skip to toolbar