FLACARS
IMPORTANT: ATTENTION ALL FLORIDA REPOSSESSORS!!!
Someone in Tallahassee is attempting to insert language into the existing FS 493, which would exempt large out-of-state entities from undergoing the same scrutiny and accountability that we undergo as we operate in this business. This would side-step the state's desires to oversee and regulate those who advertise that they provide repossession services in Florida, and this poses a threat to the consumers of the state of Florida. These amendments are found on Bill Np. CS of SB1444, in a legislative action:*Click Here
This is the proposed change to the Florida legislation:
(20) “Recovery agency” means any person who, for consideration, advertises as providing or is engaged in the business of performing repossessions. The term does not include a person who does not directly perform repossessions, and who, pursuant to a contract with a bank, bank holding company, credit union, or small loan company operating pursuant to chapters 516 and 520, contracts with a licensed recovery agency or a licensed recovery agent for the performance of repossessions by such agency or agent, if such person includes a disclaimer in all advertisements appearing in this state which states that the person does not directly perform any repossessions, but contracts with licensed recovery agents or agencies.
This is harmful to our industry and needs to be fought! We are asking that anyone who can go to please do so. Come to Tallahassee at 8am tomorrow morning, April 2, 2015 and fight with us for YOUR industry!!
IMPORTANT: ATTENTION ALL FLORIDA REPOSSESSORS!!!
Someone in Tallahassee is attempting to insert language into the existing FS 493, which would exempt large out-of-state entities from undergoing the same scrutiny and accountability that we undergo as we operate in this business. This would side-step the state's desires to oversee and regulate those who advertise that they provide repossession services in Florida, and this poses a threat to the consumers of the state of Florida. These amendments are found on Bill Np. CS of SB1444, in a legislative action:*Click Here
This is the proposed change to the Florida legislation:
(20) “Recovery agency” means any person who, for consideration, advertises as providing or is engaged in the business of performing repossessions. The term does not include a person who does not directly perform repossessions, and who, pursuant to a contract with a bank, bank holding company, credit union, or small loan company operating pursuant to chapters 516 and 520, contracts with a licensed recovery agency or a licensed recovery agent for the performance of repossessions by such agency or agent, if such person includes a disclaimer in all advertisements appearing in this state which states that the person does not directly perform any repossessions, but contracts with licensed recovery agents or agencies.
This is harmful to our industry and needs to be fought! We are asking that anyone who can go to please do so. Come to Tallahassee at 8am tomorrow morning, April 2, 2015 and fight with us for YOUR industry!!
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