The American Repossessor

Well, I think I have seen many things in my lifetime and definitely a great many things whilst working within the Repossession Industry, but seeing the trailers for the new movie “Repo Men” gives a truly new meaning to what the repossession industry could be in the future.

This movie is about the repossession of human organs.

‘Set in the near future when artificial organs can be bought on credit, it revolves around a man who struggles to make the payments on a heart he has purchased. He must therefore go on the run before  his heart  is repossessed’.

Of course, as the heart is an integral organ, this means that its removal means death!    The contract signed  for the purchase of the organ has not been met, payments have  not been made.  So the ‘Repo Men’ have a repossession order to retrieve their company’s collateral.

Armed with slightly different tools for the job than we are today.  No truck payments, no fuel costs, no insurance, instead they have guns, knives and surgical tools to retrieve the asset that enables the debtor to live.

They track down the debtor and inevitably he or she is carved up and the collateral removed.

Makes for a lovely horror story, does it not?  I wonder how far removed it really is?.  Is this an insight of what the future may bring?

On that note, I swiftly move on to a future event that is just around the corner.  In less than two weeks time, hopefully many of you will be attending the 2010 North American Repossessors Summit in Texas, where a variety of subject areas will take light that impact the future of the Repossession Industry.

The Repossession Industry has to move forward and work to become what it truly deserves to be recognized as – a professional, quality service that is second-to-none in any other service industry sector, and one that we can ALL be proud of – and that includes our clients!

Take a look at the advert below, give it a click and there you will find all the information you need.  So what are you  waiting for?

See you in a couple of weeks!

Susan