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  1. #21
    dwdaewu is offline Member
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    thats an exhilarating job, awsome...

  2. #22
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    definitely movie material
    ---------
    --HS

  3. #23
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    Inside the cell, Haitian cops had turned Popovich's face inside out. The pain was ungodly. His shoes were gone. He was starving. And Popovich was sitting in a cage surrounded by 35 prisoners spitting epithets in his face. His only priority was to avoid getting hurt any worse than he already was. In his experience, that meant behaving like a total maniac, lashing out at the nearest prisoners and threatening to kill anyone that came near him.

    The charge was the attempted theft of a 707 jet and he was facing 20 years to life. The jet in question belonged to a Caribbean tour company that went bust. After a few missed payments, the bank had called Popovich, who had tracked the plane from the Dominican Republic to Haiti. The gig promised to be simple. Popovich even spotted the battered silver-and-blue jet on the tarmac as he taxied into Port Au Prince's Toussaint L'Ouverture airport on a sweltering February afternoon. All he needed was an hour to check the avionics, an open runway and a flight plan. It hadn't worked out that way.

    By the third day of his imprisonment -- sometime after the American embassy politely informed him that the bank employing him wouldn't put up $100,000 in bail -- details started to come back. The tracer fire pinging the plane's wings like popcorn kernels. Men with bayonets slamming on the fuselage. A police cruiser skidding to a halt right in front of the jet, blocking the runway and preventing Nick from taking off. The cops beating him senseless and throwing him in Penitentier National prison. And now, here he was.

    On the seventh day of his incarceration, Haitian President Baby Doc Duvalier was overthrown and the rioting masses swung open all of the cell doors. Bruised, bloody and sleepless, Popovich hobbled out of his cell. As he taxied down the runway for the second time. he couldn't help thinking that what they said was true: Flying home is always the easy part.

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  5. #24
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    Loving this. He needs to write a book.
    -Ben Cannon.

  6. #25
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    This story is BS. Sorry guys, I did repo's for over 10 years all for major banks, no title loan crap, but to start with, someone pulls a gun and puts it in your face on and in an AIRPORT? Yeah, ok. I couldn't stop laughing when he claimed he's had the swat team help him execute repo's. First rule in your contract: "Self Help repossession permitted without breach of peace". And here's the kicker, Breach of Peace in the US is actually defined as "If the debtor or any person associated with the collateral instrcuts you to leave, drop the car/collateral, and you do not, that is breach of peace. Someone pulling a gun on you, is breach of peace.

    But moving along...to claim the police help him is an absolute LIE. Repossessions are civil matters and the police will not, and cannot get involved unless they are executing a replevin order...and if the bank had done their work properly on this "jet repo", they would've had their replevin order and simply shown up at the plane with the police and no guns drawn, nothing. Classic case of the bank not wanting to spend the money to get a replevin order.

    Lastly, and then that will end my rant about people like this that glorify a business like this, boats and planes are the easiest item on the planet to repossess....move it and put your own lock on it. Done. It doesn't need to leave the airport or marina...just moved one space over and your own lock. Airport will enforce the banks ownership as will any harbor master in a marina. And keep in mind, you don't get a percentage of the sale on big ticket items, or on any repo in fact...you get your contract rate. You might get a few extra bucks if you fly the thing out on your own, but it's not 100k or anything like that.

    The reality of a repo guy is this...his job exists because the bank failed to do their job correctly and the person they loaned the money to is not nearly as honest as they pretended to be when they were begging for the loan to begin with. When you're at the bottom of that chain, you're at the bottom of the food chain and the banks treat you, and pay you, as if you are the one that created the problem in the first place...it's NOT a glory job. And it's NOT ANYTHING like this dingle berry claims either.

    **END RANT**

  7. #26
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    Ummmm Kevin I know this is going to sound very dumb because i am compairing this to a reality tv show but you have stated "If the debtor or any person associated with the collateral instrcuts you to leave, drop the car/collateral, and you do not, that is breach of peace. Someone pulling a gun on you, is breach of peace."

    Does that mean if they have your car on the tow hook and you say take it down they have too? I have watched that show REPO and LOVE IT although most of it seems fake but the characters are such odd people I cant help but watch. Just about every time they confront the "owners" of the cars and the owners say take my car down give me back my car and the REPO people do not.

    Also the company that I used to work for financed their own cars VIA open end leasing and for some reason or another getting a relevin order was impossible. We did however have two trackers on the cars and extra keys so it made repo time very easy
    Who Is Jason A?

  8. #27
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    Around here once its on the hook the people cant do shit, but until you pick it up you cant use force.
    TRYING TO MAKE VW'S REAL CARSHidden Content

  9. #28
    Kaoss's Avatar
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    Quote Originally Posted by Jason A View Post
    Does that mean if they have your car on the tow hook and you say take it down they have too? I have watched that show REPO and LOVE IT although most of it seems fake but the characters are such odd people I cant help but watch. Just about every time they confront the "owners" of the cars and the owners say take my car down give me back my car and the REPO people do not.
    According to the law, yes that is what it means. DO repomen obey this law? NO. Why? Because the general attitude is "If you can't afford the payments, you can't afford the lawyer". However, I know of one debtor that challenged this all the way...let's just say the lender BEGAN negotiations at 10MM, no, that is not a misprint...BEGAN settlement negotiations at TEN MILLION. And the guy never touched the debtor, just breached the peace. The bigger lenders are really, really big on this little tidbit.

    Those reality shows are staged...look where the cars are in different shots...the one that aired about 5 years ago, Stealin for a Livin, actually showed the same car in 5 different spots in the driveway before the "debtor came out with a baseball bat"...yeah, ok. I love the one that airs now...the fat chick always says the same thing, "We have a repo order for this car"...my reply is..."And?"

    Some of these idiots actually think their job os some sort of law enforcement. Where I live, repo companies are licensed as third party collection agencies, so the Federal Laws apply here, such as the FDCPA, hours of contact, manner of contact, how many times they can try to reach you in a week, etc....break the laws and it's huge penalties from the government.

    I've been shot at, in all out brawls, had huge rocks thrown at my truck, chased, you name it...the guy in this article is full of shit when he says he just smirked at someone pointing a gun in his face...obviously, he's never looked down the barrel of a 357 and had someone on the other side very willing to pull the trigger. And I can tell you this, the guy that did that, still went to jail and he still got to keep his car...AFTER it was on the hook. Even after he got out, we weren't allowed to touch his truck.

    Quote Originally Posted by CARSinc. View Post
    Around here once its on the hook the people cant do shit, but until you pick it up you cant use force.
    Even after you pick it up, you can't use force. Can't touch the debtor...you can defend yourself, but can't use force. And if you can get IN the car even when it's on the hook, they can't tow it. The police can't make you get out of the car but they can and will make the tow truck drop the car and leave or be chraged with trespass. All depends on the cop and the level of the altercation.

  10. #29
    MrBaker's Avatar
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    Quote Originally Posted by Kaoss View Post
    This story is BS. Sorry guys, I did repo's for over 10 years all for major banks, no title loan crap, but to start with, someone pulls a gun and puts it in your face on and in an AIRPORT? Yeah, ok. I couldn't stop laughing when he claimed he's had the swat team help him execute repo's. First rule in your contract: "Self Help repossession permitted without breach of peace". And here's the kicker, Breach of Peace in the US is actually defined as "If the debtor or any person associated with the collateral instrcuts you to leave, drop the car/collateral, and you do not, that is breach of peace. Someone pulling a gun on you, is breach of peace.

    But moving along...to claim the police help him is an absolute LIE. Repossessions are civil matters and the police will not, and cannot get involved unless they are executing a replevin order...and if the bank had done their work properly on this "jet repo", they would've had their replevin order and simply shown up at the plane with the police and no guns drawn, nothing. Classic case of the bank not wanting to spend the money to get a replevin order.

    Lastly, and then that will end my rant about people like this that glorify a business like this, boats and planes are the easiest item on the planet to repossess....move it and put your own lock on it. Done. It doesn't need to leave the airport or marina...just moved one space over and your own lock. Airport will enforce the banks ownership as will any harbor master in a marina. And keep in mind, you don't get a percentage of the sale on big ticket items, or on any repo in fact...you get your contract rate. You might get a few extra bucks if you fly the thing out on your own, but it's not 100k or anything like that.

    The reality of a repo guy is this...his job exists because the bank failed to do their job correctly and the person they loaned the money to is not nearly as honest as they pretended to be when they were begging for the loan to begin with. When you're at the bottom of that chain, you're at the bottom of the food chain and the banks treat you, and pay you, as if you are the one that created the problem in the first place...it's NOT a glory job. And it's NOT ANYTHING like this dingle berry claims either.

    **END RANT**
    lol...Your "rant" seems to be focused on repo in the US while his stories seem to take place IN OTHER COUNTRIES where things are different. He also said that 3 quarters of the jobs get done without any problems so maybe those are the ones in the US. As far as his fee is concerned, when you have to search the globe for a jet hidden away in the middle of nowhere then yeah I'd charge a high fee. Just my $0.02!
    "Flying home is always the easy part."

  11. #30
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    Craziness. I smell reality show. haha
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