State bill would restrict data from license-plate scanners

[assetadjusters]

Bryan,
instead of whining about, and misunderstanding my comment ... Why don't you explain why you think LPR is so great. In theory it should be, but in reality I don't see how it really benefits anyone but the Forwarders.. What do you think?

You say some of the dumbest things.

First, you haven't been around long enough to have experienced "PRE" LPR days and how difficult it was to track some of these cars down.

You've made tons of rookie mistakes with Forwarders....And, for some reason feel compelled to air all of your mistakes on this board. I often wonder why? And now wanna blame everything on Forwarders. Sorry to be so blunt with this next couple of sentences......But, you need to start taking some of this blame yourself....everything your going through is because of your own stupidity and poor decision making.....You made some bad business decisions and now your paying dearly...Financially and Emotionally! Now you're caught up in a lawsuit that could have been avoided had you thought before you signed. I think you need to stop blaming others and take a hard look at yourself......you need to hold yourself accountable for your own actions. Remember, no one put a gun to your head to sign those stupid contracts.

What's next....lets blame the forwarders to the price of gas? How about the price of our insurance?

If you can't see the importance if LPR and how its been a game changer....I'm not gonna waste my breath or time trying to explain the importance of this technology to this industry as a whole.

If you don't see it.....you're a lost cause.

And, you need to put a little more skin in the game.

[BRADMIN]

I was around for the pre LPR days. It sucked having a stack of dead accounts on the books without any resolution. LPR is a good tool. It is not THE tools...THE end all of tool....but a good tool, just like a wrecker, a lock out tool, the internet for skipping, your GPS etc. Any tool that helps is worth having. LPR is good to have around.

Forwarders? There are some good and some bad and some just plain ugly. The bad will plod along and eventually fade away, The ugly will shoot themselves in the foot in a big way. The good will be here for the duration.
Whether the repossessors like them or not is not going to change the fact that they are here. Many lenders use them and WILL continue to use them. What repossessors can do is take the bull by the horns and dictate the rules of running their auto repossession business. They can set the pricing, the storage fees, the close fees, as well as the transport and key costs. They can even demand mileage, stake out and investigation fees. The can say no to contingency.

Forwarders can only act as an auto repossess process management company. They can handle compliance, logistics, the transfer and communication of info and at times the remarketing,

They can't repossess cars in 50 states. They know full well they can't. It is the repossession company owners that forget this. They keep forgetting that they are needed. They are the one link that gets the job done and if that link is missing the whole repossession process grinds to a halt. The repo company owners need to see their great value and demand that they are compensated for being that necessary link.

That is the key to making the auto repossession industry great again. It is not state licensing and regulation. It is not receiving a high volume of repo orders for a discounted price. It is not undercutting your competitor to get more work.

Plain and simple - it is demanding that your company gets compensated enough for doing a professional and dangerous business (not job) so you are extremely profitable. It is why you went into business - isn't it? To gain financial wealth and security without working for the "man".

[ziggy319]

Nv let me help you out a bit. Bryan has decades in the industry in a major market. I've watched him respond to several of your posts trying to help you. It seems to me that you have many issues and always want to place blame on the forwarders. The forwarders use lpr because their clients want it. I've known Bryan for many years and have grown my business, improved my profitability and have learned so much from him and others with Listening instead of talking. You are a grown man so I understand you have your own ways. I've seen you complain regularly about forwarders. Pleae re read http://repoindustry.com/forum/showth...5748#post25748. Also on the case where you are being sued. Please read your contract. You agreed to the fees they paid you and after you provided service you billed differently than agreed in writing. Now my advise to you is Listen, think before you speak and realize maybe you have some fault and misunderstanding in several situations that are causing all of your issues.

[nvtowing]

You say some of the dumbest things.

First, you haven't been around long enough to have experienced "PRE" LPR days and how difficult it was to track some of these cars down.

Yes, LPR can be beneficial.. But which LPR product/implementation isn't riddled with forwarders? Is there one that just benefits the banks and repo companies? That's what I'm asking.

You've made tons of rookie mistakes with Forwarders....And, for some reason feel compelled to air all of your mistakes on this board. I often wonder why?

Why not? I have nothing to prove here.

And now wanna blame everything on Forwarders. Sorry to be so blunt with this next couple of sentences......But, you need to start taking some of this blame yourself....everything your going through is because of your own stupidity and poor decision making.....You made some bad business decisions and now your paying dearly...Financially and Emotionally!

First of all, doing work for a certain forwarder has proven to be a mistake. True. However, as far as "Paying Dearly, Emotionally, and Financially" , and blaming others is not accurate at all. The lawsuit isn't bothering me, I haven't lost sleep, and they are never going to get a dime.


If I was blaming others.. I wouldn't have just have just come right and a said it .. It was Bryan that told me a certain forwarder was bluffing the whole time and not to worry about an actual lawsuit... And someone else in this thread said the same thing...."add a bunch of fees, collection fees, storage fees" etc, to fight back... But it really doesn't matter, I'm not blaming anyone, and I wouldn't have changed my "course" even if they told me to give in.

Oh you said "forwarders" ..

I'm not blaming them either, since it is the "industry's" stupidity (mine, and yours) that has let them become as successful as they are.. Luckily, the market is doing it's thing (a "correction") .. (sorry for being blunt)



Second, If everyone in this industry was on the same anti-forwader page. Everyone would be doing a lot better. Forwarders, are screwing you from every angle but everyone just bends over and says "forwarders aren't going anyway, etc"

Some are going away.. I guarantee it.

[nvtowing]

I like MV TRAC....You get a hit you pick it up on the spot...no waiting for approval B.S. plus the pay $ 400.00 a pop

MVtrac sounds like the best option, but still far from ideal.

[assetadjusters]

I have a total of seven clients.....non include forwarders. Actually, scratch that. I did sign up for C.A.R.S. Pelican Resource Group a client of mine switched over to them and I was asked to sign up. I did. Do I get much work...not at all. I only get work from Pelican. C.A.R.S allowed me to I entered my own prices. I think I'm too expensive and the lenders chose others who are much cheaper. That's my guess.

Outside of that, I'm not stupid enough to do forwarder work. Or, title loans for that matter. Both are gas and time wasters. I'm so very glad that you Finally had your epiphany about forwarders. You say the lawsuit didn't bother you one bit....So, I wonder what was it that led you to the light.

All LPR systems are someway intertwined with forwarders. When LPR was initially implemented it wasn't for the sake of helping lenders locate cars or making the job easier for repossessors. The reason was to make someone a lot of money. And, at the time when was LPR launched....forwarders were in their height. If you wanted your LPR to be used banks and forwarders were key. Forwarders have the ability to handle a massive amount of assignments. And, they did. When LPR was launched, repossessions where falling from the sky. I can't think of a being at the right place at the right time example. Both were. Both prospered tremendously.

Banks and Forwarders quickly learned one very simple calculation. I'll share it with you. If the car isn't picked up in the first (14) fourteen days chances are you its gonna get back burnered by the driver and company. Skip accounts tend to fall to the bottom of the stack.

LPR changed that. Actually, LPR did two major things to this industry. First, It changed how recoveries were done. The technology helped bring in the super hard skip accounts and recover them more efficiently. Reducing our skip and back burner accounts.

Second, companies went from having ten or more trucks running that never stopped running. To, running four trucks and camera cars that collected data. This reduced the companies overall liabilities and increased the companies profit line. Why you ask. Because you just didn't need that many wreckers anymore. No more hunting and driving around aimlessly lost. You went right to the car and recovered it at a profit. No need to pay that extra skip tracer, No need to buy 65k wreckers a dozen at a time that cost 120.00 per shift in fuel. Now, you could data mine in a set up that cost 30K and about 20.00 in fuel per shift.

Forwarders have to be involved......So, long as banks like Santander, Regional Acceptance and B of A use use the forwarder. Then they will stay. And, LPR has to be intertwined and all parties involved in this industry will utilize it and benefit. Including the forwarders.

What cracks me up the most about you.....is that you just had this life changing defining moment. And, I quote.

"Second, If everyone in this industry was on the same anti-forwader page. Everyone would be doing a lot better. Forwarders, are screwing you from every angle but everyone just bends over and says "forwarders aren't going anyway, etc"

How long have you been on this new found anti-forwarder rampage? A few weeks. According to your VS thread....The suit just happened....Which means you were recently apart of the stupid crowd. If your gonna preach that type of rhetoric from you pulpit you should at least give it a few months before you try to spread the good word. Your hilarious. Last month you were recovering for forwarders now your trying everything in your power to destroy them.

I'm proud to say....that I have whopping seven clients. All direct and no forwarders involved.

As far as the Brian from Faith thing....I say this. Your final sentence in that VS thread......you said/asked! "Any Advice"

And, that's all it was.....Advice.

At the end of the day, you have to remember your a grown man.....and you eventually have to be responsible for you own decisions. Let me give you an absolutely perfect example.

Should one day you get audited by the IRS.....they come and review all of your books and decide that you owe. You will not be able to blame your book keeper or CPA. You are the president and all financial responsibilities fall on you. Even if you take the advise of the presumed professional.....Its still on you. You can't point your finger and blame.

[ziggy319]

Great post.

[nvtowing]

.

Should one day you get audited by the IRS.....they come and review all of your books and decide that you owe. You will not be able to blame your book keeper or CPA. You are the president and all financial responsibilities fall on you. Even if you take the advise of the presumed professional.....Its still on you. You can't point your finger and blame.

Very true, but again, I'm not trying to blame anyone as you keep inferring.

[Surety]

Every one will NEVER be on the same page,but you are right...If everyone stood their ground you would not have near the problems that I see on here.

[willzmr]

So what happens to all the gear that everyone's bought when LPR gets outlawed in your state?

[willzmr]

Vote: Do pass as amended, and re-refer to the Committee on Appropriations

Yea: 3
Nay: 2
NV: 0
Absent: 0

Result: Passed


Sen. Corbett


Sen. Evans


Sen. Harman


Sen. Leno

[willzmr]

So i think that means one more reading in Comitee then it goes to the floor for vote.. then back to the house..

So its a long way... but it looks like Simitan has gotten a pretty significant block to go with him.. the most significant opposition is some law enforcement groups , they have a decent lobby but there response seems to be a little muted. Maybe the closer it gets well see more fireworks.. No one seems to be all that concerned with the repo industry provisions(havent seen any real lobbying effort yet).. From how Simitan and others sounds in both Parties.. looks like LPR for Lenders is a big no no.. Which is absoltely crazy considering they want to put black boxes in every car in 2015 at the federal level..

LPR technology is going to be outlawed in more and more states.. I hate to sound like a tin foil hat conspiracy theorist but... NO way does this stuff stay around with more lawmakers taking a notice.. Its only a matter of time..