Ohio Agency Warns of ‘Private Repossessions’
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An Ohio repossession agency wanted to inform the rest of the industry about what it’s calling a scam gaining traction in the financial community. 

Source One Adjusters of Ohio explained the dangers of what’s being dubbed a “private repossession,” a process that agency officials say targets a bankrupt consumer using free Internet classified ads. Source One believes these companies will arrange for a repo and then hold the collateral until the lien holder sends cash to get the vehicle back.

Source: autoremarketing.com

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