Double Assignments = Deadly Assignments

EDITORIAL

For whatever reasons, the practice of double assigning repossessions keeps rearing its ugly head. The causes range from; a collector receiving a new address in another area or the collector or vendor management staff feel that the assigned agency isn’t working the account or just good old fashioned brain cramps causing the collector to forget to close the assignment. Any way you look at it, it’s a bad practice and a deadly one.

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An Old Problem is Coming Back

capital_adjusters_logoGuest Editorial

I’ve written on this topic twice before and didn’t think I would need to write about again. But as new collectors come into this industry, old lessons are not always passed on. So here’s the lesson.

It’s a little before 3:00am, very quiet. A tow truck is idling up backwards into a driveway intending to repossess a Ford truck. Suddenly the lights in the house come on and a man runs outside. The repo driver, afraid for his life, drives away and leaves the Ford behind. 15 minutes later, another repo man backs up into the same driveway. This time the debtor is waiting on his porch with a 30-30 telescopic rifle and he shoots the repossessor through the neck and both lungs, killing him.

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