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.
Showing posts with label Florida Economy. Show all posts
Showing posts with label Florida Economy. Show all posts
Sunday, April 5, 2009
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