The Week's Features
News reports note uptick in tower activity downtown
Motorist awareness of the law touted on truck
Roadside steps to increased safety awareness
New design makes down-driveway hookups easier
Puts cap on assets; forces four off board by end of year
Digital Edition
Click Here
Events
AT ShowPlace
Las Vegas, NV.
May 9-11, 2018
Tow Expo Dallas
Dallas, TX.
August 16-18, 2018
AT Exposition
Baltimore, MD.
Nov. 16-18, 2018
Don't Miss It!
American Towman Operations Editor Randall Resch instructs on avoiding sloppy actions on-scene, questionable vehicle operations and chances that tower’s repeatedly take. His seminar, “Wreckers in Trouble,” will take place during Tow Industry Week, May 9-12 at the South Point Hotel & Casino in Las Vegas, Nevada. atshowplace.com

atshowplace.com
logotype logotype
Translate Language  
American Towman Magazine Presents the Week in TowingFebruary 14 - February 20, 2018
The Federal Reserve handed down an unprecedented punishment to Wells Fargo, including capping what the bank can make in assets, for what it called "widespread consumer abuses."

CORP Cautions on Locksmiths

The Council of Repossession Professionals recently cautioned repo agencies about the potential pitfalls of using a locksmith company that might be mandated by a particular finance company client—but could utilize employees who may not be aware or comply with specific state regulations.

CORP explained on its site that many states have explicit regulations when it comes to locksmiths, indicating that some jurisdictions prohibit contracting work to local locksmiths who might not be employed by a national company.

"Some states even demand that these national locksmith companies have an actual physical business in the state they are doing the service in," said CORP officials.

CORP suggested that repossession agencies ask and seek the answers to three simple questions with regard to the cutting of new keys for repossessed vehicles:
1) Do locksmiths have to have a license to operate?
2) What type of insurance does the state require them to have?
3) Does the state require all businesses to carry worker's compensation?

"Once you have this information, now you have a chance," CORP said.

Source: autoremarketing.com.
Translate Page
Contact Us

WreckMaster President Justin Cruse said that the WreckMaster Convention will bring together towers from all over North America to provide a unique and beneficial opportunity to broaden knowledge.
© 2018  Tow Industry Week/American Towman Media, Inc.