Blog

0 Another Warning About Excessive Contacts in Repo Process
More articles popping up online about the dangers of making excessive face-to-face contact with references, etc. in pursue of debt collection, and how it might relate to repossession process.
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0 The Repossessor And "The Christmas Spirit"
Brief but serious essay on how repossessors can offer the Christmas Spirit to hurting customers.
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0 CFPB Comes Down On Field Contacts With Debtors
We have posted on this subject before...how creditors are sending repossessors lots of addresses of relatives and references to contact in order to surface the whereabouts of the customer. We thought it was a bad idea, and now apparently the CFPB agrees that the concept is really, really bad. We strongly suggest that creditors be willing to pay repossessors fair skiptracing fees, rather than try to locate the debtor in this fashion.
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0 Should Repossessions With GPS Trackers Be Less Expensive?
Reasons why it really doesn't make sense for a repossessor to discount recoveries on cars with GPS trackers.
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0 FTC Making It Hard For Creditor To Threaten Repossession
We always thought repeated threats of repossession might be an okay collection tool..until it actually is time to repossess the vehicle.
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