Originally posted by jclark
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A person with no experience needs to go work for a professionally run repossession company for a LONG time before they even consider setting up shop in the auto repossession industry I know 2 big repossession companies that were started with no experience and have become successful, however it is an extreme rarity.
Aside from those two, an interesting notable figure is Steve Norwood, the owner of CARS. He was a computer programmer / businessman with no repo experience. He developed a proprietary program as a software developer on input from lenders and repossession company owners. That software ended with him becoming a forwarder. From what I understand, that was not his intention but clients using his software pretty much forced it upon him. In my opinion, he and his company are the "cherry" on the forwarder "Sundae" when it comes to success and his (and his staff) ability to work with repossessors in an upright manner.
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