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26 Sep '14
What ever happened to the Repo Code? The New York Times recently ran a disturbing article discussing the increasing use of GPS tracking and “ignition interrupt devices” by sub-prime lenders and auto dealers to “encourage” borrowers to make their payments on time. Essentially, lenders install a device in a car that will track its location […]
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6 Questions You Need to Answer About Your Repossession. A month ago Carl woke up to find his car missing from his driveway. A note on his door informed him his car had been repossessed due to lack of payment. Carl was flabbergasted. Sure, his payments were late on occasion and there were a few […]
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13 May '14
Debt collection is big business these days. Nearly 1 person in 7 is being pursued by a debt collector. These collectors are often large national junk debt buyers who make billions suing on old debts they purchased for pennies on the dollar. In many cases the debt buyers win without having to prove anything, simply […]