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.

Rough sailing for cash-strapped owners of boats means big business for a Ft. Lauderdale company. National Liquidators reeled in 3,066 vessels in 2008, the most in its 21 years of handling boat ...

In a bad economy, fun is often the first casualty. For James Hedrick, that means it's a busy time in his line of work. He's one of those dreaded repo men. He spends his days scanning megayachts, ...

See more of our trusted coverage when you search. Prefer Newsweek on Google to see more of our trusted coverage when you search. It's the perfect hour for a leisurely cruise: late afternoon on a sunny ...

DETROIT, May 13 (UPI) -- Sales of smaller boats are picking up while the number of foreclosures are increasing on boats 40 feet and longer, say repo men in Michigan. About 1,000 Michigan boats are ...

(New York Times)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 ...

HARRISON TOWNSHIP, Michigan — So many people have so many things they can no longer afford. This is an excellent time to be a repo man. When a boater defaults on his loan, the bank hires Jeff ...

MILWAUKEE — With boat sales down and repossessions on the rise, hundreds of recreational watercraft from across the nation are stacking up at a Wisconsin business. It’s called the Midwest Marine Repo ...

In a bad economy, fun is often the first casualty. Subscribe to read this story ad-free Get unlimited access to ad-free articles and exclusive content. For James Hedrick, that means it's a busy time ...