Hey guys, long time.

I got a job lead through my dad for a possible flying gig out in Ohio doing (you guessed it) repossessions and deliveries of all things. Mainly small GA stuff like single and multi pistons. I guess this economy is good for that line of work...repos that is...

Does anyone have any experience in this?? I want to get some outside info on it and see if the business is something I would want to look into.

Any other pilot slots open? I live in western Pa. Would be interested in doing something like that.

I talked to a guy once that did it for several years but he did it around the southern boarder and into Mexico. He liked it and said the pay was not bad. A lot of by the seat flying.

Worth a look I would say. Especially with the way things are now. Stay busy doing something.

I did and still do some for several banks it's good but sad at the same time. I'm glad it has slowed down in July I picked up 4 planes in two days.

My wife used to work for an aircraft financing company so I used to hear a lot about this. It seems like the majority of the time, by the time the bank comes to get the a/c, they have been neglected to an unsafe point. Her company used repo's as a last resort. As an owner, if you can't afford the loan, you probably can't afford to fly it or maintain it, right? So as a repo man, you're getting into an airplane without any idea of what condition it's in or any idea of what could be wrong with it. There's not always enough time to do a thorough pre-flight on it because of the airport locals. I'm not saying not to do it but I wouldn't feel comfortable jumping into an unknown aircraft.

Just my $.02.

I've heard stories about guys jumping in a plane and not knowing the fuel systems then crashing and killing themselves.
Think old Cessna 310's and 340's.

Aircraft Repo Jobs thread ran a few months ago on this topic. Enjoy.

It was a fun job in the ‘70s… but those days are long gone.

Bottom line… it’s not worth the hassle as many of these aircraft that are being repossessed are located at airports with upgraded security. Even if you bypass the security system, and you are intercepted by the airport police, then you are really in for a fun time. Oh yeah… as a previous poster mentioned… if you can make the monthly payments, then you can’t afford the maintenance. Oh by the way… how do you know that the airplane is not out of annual? I don’t think the FAA would be keen on that… as they could not care you are doing your job for the bank.

according to reposession law, and the paperwork you carry with you that proves the bank owns the airplane, you are legally allowed to be on premisis. Just as if you were doing an auto repo and entered private property to get the vehicle, you can go onto airport property to gain acess to an airplane. An officer is not obligated to help you, but he/she IS NOT ALLOWED TO STOP YOU. Best find the gate code, or get that nice old guy with his delapidtaed Ercoupe to let you in. I have found that most airport managers will assist you if they know what you are doing there. You can't go in a hangar, just like you can't go in a garage. But if it's tied down, even on a "secure" airport, it's fair game.