Repo business heats up as the economy cools down
By Jim Stratton | Orlando Sentinel
April 5, 2009
Times are good for the repo man.
When the bubble bursts, the market sinks and the jobs vanish, he's there to pick up the pieces — and haul them away on a flatbed.
The evidence sits outside Ron Hulbert's office, where six motor homes are squeezed onto his lot. It's parked at Orlando Executive Airport, where a $6 million Gulfstream jet sulks after being repossessed from a development company that fell behind on its payments.
When the economy cools down, repo heats up.
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