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Within the repossession
and collections community, the name “Renovo” stirs up a fair amount of emotion
by both clients who have saved countless hours and dollars in streamlined
assignment processes and by repossession agencies who have felt the financial sting
of the presence of this large corporation that has become a challenging and competitive
force to reckon with. It is with the spirit of understanding that we were
pleasantly surprised to have the opportunity interview the Chairman and CEO of
Renovo, Kevin Flynn.
For all those that are
familiar with, or especially those who want to know more about them, we believe
it is important that we are all objective and fair in presenting them in a fair
light. Regardless of how you as a reader may feel about them, they aren’t going
away.
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I am writing to tell you of a meeting that NFA President Jennifer McDaniel and I attended a few days ago in Raleigh NC at the offices of Consolidated Asset Recovery Systems. It was introduced to us as a “Corporate Visit and Planning Session.”
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Press Release
Business Development Department Formed
WYOMING, MN; February 7, 2012. CU Recovery, Inc. and the Loan Service Center, Inc., a full-service collection agency and collection staffing solution for credit unions, has named Bryan Moffitt as Business Development Manager in a newly created position, effective immediately.
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Press Release
Irvine, CA, January 26, 2012 — ProconGPS Inc., a leading service provider of asset management solutions for businesses worldwide, today launched an enhanced new website for LoanPlus CMS™, the company’s advanced Collateral Management System (CMS) for automotive lenders. The new website can be viewed at http://www.loanplus.com.
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Please join us to learn how lenders are compressing the “days to sell” while realizing the highest possible value for collateral.
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Summit Takes Participants to NARS 2012 Boot Camp to Adapt to Survive in a Changing Industry
Press Release
What:
American Recovery Association, Inc. (ARA), the world’s largest association of recovery and remarketing professionals, is excited to announce Mike Goins, Head of Deficiency Recovery U.S. at TD Auto Finance will keynote its premier annual industry event, the 4th Annual North American Repossesssors Summit (NARS). In addition, for the first time in industry history, representatives from five major industry associations – Time Finance Adjusters, National Finance Adjusters, Recovery Specialist Insurance Group, Allied Finance Adjusters and ARA – will be featured on two panels Acting on the Challenges of Our Industry – From Talk to Action on Friday (for recovery agents only) and What Should You Expect from An Association? on Saturday.
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ALLIED FINANCE ADJUSTERS CONFERENCE, INC.
FOR IMMEDIATE RELEASE
RALEIGH, N.C. – Allied Finance Adjusters Conference welcomes clients of any auto financial institution to apply for membership with AFA in order to qualify for their respective association and bond requirements.
While AFA’s stringent rules and regulations for membership remain firm, including site inspections and credit and criminal background checks, the not-for-profit AFA trade association is expediting the application process so applicants will be in compliance with the aforementioned necessities.
Read More!
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Press Release
American Recovery Association’s New Member-Owned Company Sets New Benchmark and Standards for the Recovery Industry
DALLAS, Jan. 25, 2012 – American Recovery Association, Inc. (ARA), the world’s largest association of recovery and remarketing professionals, today announced the creation of ARMS (American Recovery Management Solutions), a member-owned contract and billing organization. The assignment facilitation model is focused on bringing the benefits of a direct relationship back to the lender and the recovery agent; while offering the single contact and indemnification benefits that the client wants.
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Press Release
Summit Prepares Participants to Adapt to Survive in the Changing Industry
Dallas, TX – November 1, 2011, American Recovery Association, Inc. (ARA), the world’s largest association of recovery and remarketing professionals, is excited to announce its premier fourth annual industry event, the North American Repossessors Summit (NARS), is open for registration.
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Evansville, IN – February 16, 2012 – Guess what they found when doing inventory on a repossessed truck at Sterling United Federal Credit Union? The body of a man wanted for suspicion of stabbing a woman repeatedly.
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Lake Arrowhead, CA – February 13, 2012 – An unnamed California Repo Man was stabbed five times in the back , wrist and arm as he reportedly attempted to repossess a vehicle from a fraud perpetrator who also attempted to run him over.
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Window Rock, AZ –After a Navajo woman was left stranded five hours from home in her delinquent and GPS disabled vehicle, she has been named as the primary plaintiff in a class action lawsuit against Credit Acceptance Corp. under the premise that the use of auto interrupt devices are a violation of Navajo tribal law as it pertains to repossessing vehicles on a reservation without tribal court approval.
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Nashville, TN – January 31, 2012 – When a borrower jumped into the passenger seat of a car being repo’d and proceeded to try to fight the driver, the two repo men made a series of decisions that resulted in a Chevy Lumina ramming their tow truck and flipping the car in front of an elementary school.
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Harrison County, MS – January 30, 2012 – Two men were arrested by Sheriffs Deputies accused of stealing car parts from a car at the same residence as where they repossessed a car. The officers found the allegedly stolen parts right inside the repossessed vehicle.
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Minden, LA – January 25, 2012 – What started out as a simple repossession ended as a mini riot with three men arrested as an elderly woman with a cane got between her car and the tow truck refusing to let the Repo Men leave.
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Spartanburg, SC – January 25, 2012 – A man attempting to repossess a Cadillac on a flatbed truck was interrupted by a woman in a towel who jumped inside and snapped the cable and crashed the car through the fence as she fled the scene.
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Chicago, IL – January 25, 2012 – Early Tuesday morning while on the hunt for a repossession in Chicago’s South Side, Repo Man David Johns, Jr. (apparently from Reliable Recovery) didn’t hesitate to respond to the frantic cries of a mother whose babies were trapped inside a burning apartment. John’s rushed inside and beat down the doors of the smoke filled room only to hear the heart wrenching cries of the babies through the smoke.
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Gwinnett County, GA – January 23, 2012 – A repo man was reportedly shot to death by police as he attempted to escape arrest in his repo truck which had earlier been reported as stolen. 24 year old Christopher Kenney was found asleep in the truck which officers had surrounded when he awoke and began ramming the truck at officers who responded with deadly force.
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