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Latest News [ 10 ]
- Credit availability likely to improve as auto market bottoms out – Wesbank
- Repossessed cars, homes on the rise
- Sagging Economy Keeps Repo Man Busy
- Re-po agents say business is booming
- Repossession agents in demand as more vehicle owners default on loans
- ‘Vehicle repossessions at highest level’
- ‘Millionaire’ guru resurfaces in Dubai
- New Indiana Law Requires “Motor Vehicles Repossession Agent” to Furnish Sheriff with Certain Information in Connection with Repossession of a Motor Vehicle or Watercraft
- Lil’ Kim and Storch reunited?
- Man charged after alleged fight with ‘repo man’
Columns and Features [ 0 ]
Other [ 1 ]
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Repossession agents in demand as more vehicle owners default on loans
In his job as a repossession agent, Shannon Hoeffler can see how the economic slump is hitting Americans. Hoeffler runs Road Rangers Transport and Recovery in De Pere and is called in when people fall behind on payments for cars, trucks and farm equipment.
Analysts expect vehicle repossessions to rise 5 percent this year nationwide.
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