All the latest news relating to the Repossession/Recovery Industry, national and international.
You are browsing the site map for issue 2010/07
- July 2010
- June 2010
- May 2010
- April 2010
- March 2010
- February 2010
- January 2010
- December 2009
- November 2009
- October 2009
- September 2009
- August 2009
- July 2009
- June 2009
- May 2009
- April 2009
- March 2009
- February 2009
- January 2009
- December 2008
- November 2008
- October 2008
- September 2008
- August 2008
- July 2008
Latest News [ 22 ]
- Vehicle repossession goes wrong in Elk River
- F&I managers will see more lenders putting electronic tethers on loan payments by Donna Harris
- What Do Lenders Value Most from Repo Partners? By Joe Miller, AutoIMS from Auto Remarketing
- Man shoots himself in arm after fighting with repo man
- Repo Man Injured By Driver In Fairborn
- Repossessor advises banks against reclaiming aircraft by Mark Huber
- Consumers Can Now Select Special Chrysler Incentives – from AutoRemarketing
- Direct, Indirect Auto Loan Delinquencies Improve – from AutoRemarketing
- “Repo-Madness” – New Report Is a Must-Read
- ‘Repo-man’ alibi didn’t fool Duke City residents
- Scammers using Web to rip off car buyers
- GM acquisition of AmeriCredit Corp for 3.5bn seen as a big mistake
- One Ugly Auto Dealer Trick Down, The Rest? Status Quo
- Russia plans auto loan-backed bond as car sales surge
- Chrysler Financial may lend big again
- The Bailout, One Year Later: Where Are They Now?
- Summerville woman charged with attempted murder of repo man
- Tow Truck War Erupts in Philadelphia After Driver Allegedly Shoots Towing Rival
- Former college dean has car repossessed during trial
- Nod for car repossession without court order
- Alpena man mulling plea deal in felonious assault case involving repo man
- More private planes repossessed
Columns and Features [ 5 ]
Other [ 1 ]
Technology [ 2 ]
From Nick Zulovich, AutoRemarketing – Does LPR Compromise Consumer Privacy?
PALATINE, Ill. — Recent published reports included comments from consumer groups about how license plate recognition technology used by recovery agencies could be compromising privacy. However, a pair of LPR technology providers and a well-respected industry legal adviser all refuted these claims. One provider, MVTRAC, used its two decades of recovery and remarketing experience to... Continue »From AutoRemarketing:- ALG: Lease Levels Making a Comeback
SANTA BARBARA, Calif. — March sales have been an unexpected surprise for the auto industry, according to Matt Traylen, chief economist and client partner with ALG. In addition to retail sales climbing, leasing levels are expected to come in above last year's March level as well, he noted. "March sales have been an unexpected boost to the industry in 2010, admittedly driven and... Continue »‘Repo Man’ Scott Strickland looking to get pitching career back with Marlins
JUPITER — Scott Strickland prefers to make a living pitching out of the Marlins' bullpen this year. If that doesn't work out, he plans to return to his winter job. "I was a repo man," said Strickland. "It's not as greasy as people think." Strickland, who came up with the Montreal Expos in 1999, hasn't pitched in the majors since 2005. A minor-league salary wasn't paying the bills, so... Continue »Dallas mom halts repossession by lobbing baby into moving SUV, police say
A Dallas mother is in custody after putting her baby’s life at risk in an attempt to prevent her car from being repossessed, police said. Shortly before 4 p.m. Monday, a man seeking to repossess the 2001 Ford Expedition of 28-year-old Krystal Gardner arrived at her home in the 10000 block of Landsdowne Drive in southeast Dallas, police said. As the repo man, Luke Ross,... Continue »Cries of ‘Hey, That’s My Jet!’ Don’t Deter High-End Repo Men
Ken Cage is racing through a private aviation terminal near Orlando when his BlackBerry buzzes with bad news. The plane he is about to repossess is scheduled to take off for Mexico in three minutes. Even worse, the Cessna's owner and pilot is on his way back from lunch—and he is rumored to be six-feet, six-inches tall. "I'd rather not stick around to find out," Mr. Cage says. Mr. ... Continue »Gardner’s truck repossessed four days after Amber Dubois went missing
A white pickup truck once owned by accused killer John Gardner has become the focus of crime scene investigators in the Amber Dubois murder case. Records obtained by News 8 show the truck was repossessed from Gardner just four days after the 14-year-old went missing. The repossession documents prove Gardner was still driving the truck when Amber Dubois vanished while walking to... Continue »Report Warns Of Private Car Repo Dangers
Private companies that repossess automobiles without the involvement of law enforcement are creating potentially deadly situations, a report released Thursday by the National Consumer Law Center (NCLC) warned. The Boston, Massachusetts-based non-profit legal advocacy group examined the consequences of turning car seizures over to private firms, particularly during the recent economic... Continue »Man swings a steel pipe at the repo man
WARFORDSBURG, Monday, March 15, 2010 -- A man attempting to repossess a vehicle on Thursday in Fulton County was greeted with a steel pipe. When a 37-year-old man from Mechanicsburg went to 649 McKibbin Lane in Union Township to repossess a vehicle aropund 8 p.m., he got into an argument with a man, according to Pennsylvania State Police, McConnellsburg. The man, possibly known as... Continue »OPENLANE Partners with Recovery Database Network (RDN) to Expedite Sale of Repossessed Vehicles
REDWOOD CITY, Calif.--(EON: Enhanced Online News)--OPENLANE, Inc., a leading online auction company in North America for automotive dealers to buy and sell wholesale vehicles, today announced a partnership with Recovery Database Network (RDN), a specialized provider of software and data solutions related to the recovery of assets for the automotive finance... Continue »Violence Spurs Calls To Rein In The Repo Man
If you don't make your car payments, someone can be hired to repossess it. They might tow it from your driveway or a parking lot. But sometimes repo men go further, breaking into people's garages or homes. Fights can break out. People get hurt, and some have even been killed, prompting some groups to call for greater regulation. Officer James Beraldi remembers a repossession attempt near... Continue »Group calls for legal protections regarding auto repossession
For millions of Americans who have had a tough time making ends meet during the recession, things like keeping up with car payments can be harder than ever. Some people will see damage to their credit score if they are unable to keep up with monthly payments. But for those who fall far enough behind on their auto loans, things can get even worse, with unwanted calls from bill collectors... Continue »Most States Have No Laws Against Freelance ‘Repos’
The auto repossession industry is big business. Two million cars were repossessed last year. A report from the National Consumer Law Center says most of those are done without the involvement of courts or police. These so-called self-help repos have caused at least six deaths in recent... Continue »Father and son plead not guilty to making threats
A Brownsdale father-and-son combo accused of threatening two men who claimed they were repossessing a vehicle — then trying to run them off the road when they left — pleaded not guilty to various charges Thursday. Mark Ross Pearce, 49, pleaded not guilty to one count of felony-level terroristic threats and two misdemeanor driving offenses. Steven Ross Pearce, 22, also pleaded not... Continue »Birmingham man convicted of manslaughter in 2009 shooting of repo man
A capital murder defendant in the 2009 shooting of a man trying to repossess a car was convicted on the lesser charge of manslaughter. Reginald Germaine Jackson, who turned 29 earlier this month, will be sentenced April 23 by Jefferson County Circuit Judge Laura Petro. He faces a term of 10-20 years. The Birmingham man admitted firing a 30.06 rifle at Jason McLendon, 28, as the repo... Continue »Repossessed travel trailer repossessed from repo man in Middleburg theft
The Clay County Sheriff's Office is seeking public help in recovering a $28,700 travel trailer that was repossessed -- and then stolen from the Middleburg company that conducted the repossession. The Sheriff's Office has released a surveillance video of the theft in hopes that "someone will recognize the truck in the video and realize that someone they know has a 'new' travel trailer and was... Continue »‘Repo man’ shot on job in Ansonia
ANSONIA - Police are interviewing two suspects in connection with the shooting of a "repo man" this afternoon on Reichelt Terrace. A man with York Towing of New Haven who was sent to repossess a vehicle at 4 Reichelt Terrace was shot at about 1 p.m., according to police spokesman Lt. Andrew Cota. The victim told police a man came out of the house, argued with him over whether he had the right... Continue »Repo Man: The Job, The Misconceptions, The Reality
In good times and in bad, it's an industry that never fails. The Repo Man keeps collecting collateral. Even though the economy is at a stand-still, local recovery businesses are cashing in on the banks' recent surge in repossessions. We talked with several repossession companies who say they're up about 20-percent compared to last year. And their business isn't coming from the kind of... Continue »North American Repossessors Summit Upcoming
IRVING, Texas — Further piecing together of what's been a fractured repossession industry is what the leadership of the American Recovery Association hopes to accomplish during the second annual North American Repossessors Summit. This year's version titled "The Future of the Recovery Industry: 2010 and Beyond," is open to any recovery agency whether they're members of the association or... Continue »Dealers Learn to Spot Potential Repos Early
WALNUT RIDGE, Ark. — Veteran executives in the buy-here, pay-here industry sometimes can sense if vehicle repossession is on the horizon. And knowing when to repossess is vital to offsetting and lessening the high risk that comes with being in the BHPH business. For instance, Fran Cavenaugh found that keeping close track of a customer's payment behavior within the first six months is... Continue »Two face charges for alleged threats, road rage
Two Brownsdale men face criminal charges for allegedly threatening two men who claimed they were repossessing a vehicle Saturday night, then trying to run them off the road when they left. Mark Ross Pearce, 49, faces one count of felony-level terroristic threats. He is also charged with two misdemeanor driving offenses. Steven Ross Pearce, 22, is also charged with making terroristic... Continue »Area repo man charged with impersonating officer
WEST CHESTER TWP. — A Loveland man was arrested last week after authorities say he presented himself as a police officer in order to repossess a vehicle in the middle of the night from a local nursing home. West Chester Twp. police say Anthony J. Harvey, 44, of 890 W. Loveland Ave., showed up at 12:20 a.m. Feb. 25 to the Heritage Spring transitional care facility in the 7200 block of... Continue »High-tech repo men reap big rewards during the Obama recovering using tracking systems Orwell would have loved
Auto repossession specialists recovered 1.9 million cars in 2009, a jump of nearly 10% over the previous year. The increase is tied directly to the use of exotic technology used by police and repossession vehicles. Oh, plus the outstanding economic recovery orchestrated by our beloved Democrat leaders. The plate-recognition systems are also used heavily by police. And the system resembles... Continue »Skipper Bud’s adding 300 repossessed boats to inventory
Skipper Bud's marina in Oshkosh is getting another 300 repossessed boats from seven dealerships. Valued at more than $10 million, the additional inventory will begin arriving Thursday, Skipper Bud's said in a statement. The boats are coming from seven dealerships in the Midwest and on the East and West coasts. The models include competition ski boats, pontoons, deck boats, fishing boats and... Continue »Govt working on new vehicle repossession guidelines
The government is working on framing new set of guidelines to address the issues of repossession of vehicles by banks and financial institutions in case of default by borrowers. "Vehicle repossession is an issue, in which honourable courts have their views, and RBI has guidelines. But, we are again working on those issues, because that is one of the main important things about the commercial... Continue »Must See
Keep Current
Advertisement
[...] MANAGE – Do you do this? ... Continue »
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 »
My husband and I have recently and FINALLY aquired insurance for our repo business, like you all, we found it very frustrating starting this... Continue »
what are these camera's called, where to find them and what is the average... Continue »