Finance, Credit and Repossession Information Resource

Big Bank Gets Hit with 9 Million in Fines for Taking Military Cars

Come on Santander, repossession 101. Never take active military cars? Either the bank hired agents that had no knowledge of the law but they were in fact cheap. Or Santander felt they were above the law and for that they will pay dearly. They could have allowed the debtors to keep each car for less […]

Nevada Man Guilty of Shooting TV Show Crew

LAS VEGAS (AP) — A Nevada judge set bail at $100,000 and a sentencing date for a 43-year-old former schoolteacher jailed after he was found guilty last week in a shooting involving the crew of the reality TV show “Repo Games.” Carlos Enrique Barron returned Tuesday to the Las Vegas courtroom where he was convicted […]

Active Military and Repossessions

We would get cases all the time where the banks simply didn’t know the debtor was active military, in some cases did know and continued with the repossessions, or in other cases found out and either returned the car or called the repo man to cancel the case. Bottom line is a bank is not […]

Repo violence begins to jump

BRIDGETON — Two men who were trying to repossess a car from Burlington Road Tuesday were thwarted by a man defending the car with a baseball bat and a pitbull, according to police. Two members of a repossession company started hooking up a 2012 Chevy Sonic located on the 400 block of Burlington Road just before […]