FOR IMMEDIATE RELEASE
July 14, 2016 – The National Consumer Law Center (http://www.nclc.org) is publishing a document promoting changes to the Uniform Commercial Code which would greatly effect the repossession process, sales, and delinquency balances. The NCLC are strong lobbyists in Washington and this has the potential to put huge burdens on the repossession industry…and to a greater degree, auto lenders.
Read More!
Joe Taylor. I would like to see your previous letter I am a small repo company in Orlando area. And would like more info on this subject. I would like to fight this as well.
the NCLC is the group that, in 2010 put out an article entitled “Repo Madness” which was a very negative article on recovery agents. I wrote a letter to the NCLC telling them that the statistics they put in their article was statistically wrong and prejudicial to professional in the recovery industry. At that time there was no mention in their article of changes to the UCC. However one of their proposals was that law enforcement should be the entity that should service repossession assignments to which I responded with another letter. I am preparing an article on this event to be posted on CUCollector. In my article I agree to provide a copy of my letter to anyone who would like to know what was in that letter. Back in 2010, I also spoke to numerous professionals in our industry about the NCLC as to their liberal agenda and their dislike of the self-help recovery industry.