All the latest news relating to the Repossession/Recovery Industry, national and international.
Browse all the latest newsOne of the fastest growing forces that is driving the Repossession/Recovery Industry forward is Technology and this section is dedicated to news-related articles.
Browse TechnologyAre you in compliance? The Government’s FTC (Federal Trade Commission) is requiring financial institutions to be – so you need to be too!
Browse Red Flag Rule ProgramWhat a start to the new year! A busy one thankfully, but one that already has many of us in the industry, holding our heads in our hands and thinking/saying, what is going on?
I am referring to Friday’s article in the Associated Press relating to the violence within our industry and headlined “Violence between repo men, car owners on the rise”…..
So dismayed I was when I read this, that I have dedicated my column to the CHANGES that are needed in to professionalize this industry, calling for regulation and licensing laws.
And we question why our clients lead this industry and not us! …more…
WE NEED TO EDUCATE THE PUBLIC BUT MORE IMPORTANTLY, WE NEED TO EDUCATE OUR INDUSTRY!
I am so tired of reading the negative comments in the media regarding our industry, tired of the Neanderthals within it that cause the majority of this industry to look like thugs and criminals.
We, Â as an industry need to CHANGE – and it really is up to US and no-one else, to do this. …more…
There has been some discussion as of late about the practice of knocking on a debtor’s door once a recovery has been perfected. It appears that some agents feel the need to ‘trade’ personal property from a recovered unit in exchange for the keys. While I really cannot tell someone that a certain practice is not the proper avenue for their situation, I do feel the need to take this particular habit to task. …more…

The men and women that work as repossession agents, skip tracers etc – you could be putting yourself in danger each time you go out to do you job. Most of the people you are looking for or trying to locate will probably not be happy about being found, and many repossession agents and other staff have been attacked by irate debtors.
It’s all about your field training and your investigation techniques, but your safety should be the number one priority. You should consider the following safety tips to avoid getting injured at the hands of another.
Repossession work can be a very dangerous job when you are out looking for cars and other property.
So be prepared -Â PLAN! …more…
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some companies charge a fee to obtain the keys. it's leinholder's like ford that pressure their vendors to obtain keys or they have to make a working key for the car at no addtional charge. button pushing... Continue »
Looking for repossesed Touring Harley... Continue »