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The Biz

The
Biz

Repo Man

You
knew this was coming. This may be the one area that powerboats rule.

So
many people have so many things they can no longer afford. This is an
excellent time to be a repo man. When a boat owner defaults on his loan,
the bank hires Jeff Henderson to seize its property. The former Army detective
tracks the boat down in a backyard or a marina or a garage and hauls it
to his storage area and later auctions it off. After nearly 20 years in
the repossession business, Mr. Henderson has never been busier.

“I
used to take the weak ones,” he said. “Now I’m taking the
whole herd.” Read the
story
.