how to start a repo business Georgia

How many of you watched the movie repo man, its actually quite scary but its not exactly what goes on in a repo business no body really takes your body parts they just might take an asset you own but no harm will come to you. There are people out there that have big dreams and to fulfill those dreams you have to have big money, some of us have that kind of money and some of us need it, so we go to the bank and take a loan, when you take a big loan what happens is they make you sign that in return if you couldn’t pay they will take your house or car, or office depending on what is worth this loan of yours.

But the bank doesn’t call you on the phone and say you will leave the house for me in twenty four hours, no they are very respectable and honor your dignity so they send you about three months of warnings, then they start giving you solution to how you can pay your loan in a different way, if that doesn’t work they try sending you a bank consultant to speak with you about your situation and ask you if you would like to appear in front of a judge to discuss your case and to give the last and final word in the amount of money you should pay or how it will be repaid. There last resort when all that fails they send you a repo man, that takes away your possessions, repo comes from the word repossession meaning taking back something that was once owned, they take something to cover the loan that you couldn’t repay.

Usually, they start with the smallest assets you own, like a car or an office, they try to keep away from your house as much as possible just in case if you have kids or if your wife is pregnant, or one of your family members is ill or for whatever condition it would be hard for you to move out in a given time. To become a repo man or open a repo man business the real question is how to start a repo business Georgia, well your like a bounty hunter always on call, you must be tough and make good connections with banks and real estate companies proving that you will get them back their rights.