What is a Repo Man?
A repo man or repossession agent is one of the most unpopular people in society today. However, he or she serves an essential function of insuring the protection of property. When someone cannot pay for a debt that they took on, debt collectors step in and try to recover the money owed. If a lender finds itself in the situation of needing to repossess property while the borrower attempts to avoid paying the debt, the creditor may contract the work of repossession out to a repo company. Repo companies’ employees are known as repossession agents, or repomen.
