“Skip-Tracers National Certification Program” Earns Top Training Honors

Press Release

 

Alex Price’s “Skip-Tracers National Certification Program” has earned PInow.com’s Top Training Programs Award.

For those who don’t know Alex Price, he is a nationally-recognized expert on the Art of Skip Tracing, with over 25+ years of experience in skip-tracing, collections and training.

The program provides skip tracing services undergo the training to understand the various federal laws affecting data security, pre-texting, military personnel, etc.

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Experian – Auto Repossess Rates Down 37% from Last Year

June 21, 2012 – In Experian’s 1st Quarter “State of the Automotive Finance Market” report, it was reported that in the first quarter of 2012, auto repossessions were down 37.1% or, 25bp lower than they were in the first quarter of 2011. This coupled with a 19bp improvement in 30-day delinquencies paints a picture of yet another thin year for both the repossession and the auto collections industries.

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In an Amazing Show of Support, Attendance from Every Related Industry Has made their Presence Known

MORTON, IL – Better late than never. The State of Illinois Commerce Commission has released to The Illinois Recovery Association (IRA) the required forms for repossession agencies and employees to submit for the required deadline of July 1, 2012.

Although the forms are not yet available on the State of Illinois Commerce Commission website, the can be accessed at that of the IRA.

 

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New National Repossession Concept Company Making Progress

Press Release

 

June 20, 2012 – Late last year CU Collector readers were introduced to the newest concept in national repossession services, Relliance Inc. Relliance is a cooperative based company made up of the best in class recovery agents from all over the country, joined together to form one organization to fulfill repossession and remarketing services for national lenders that want a single point of contact.  By filling a need only presently being addressed by large forwarding companies, Relliance has hoped to bring some balance back to an industry that has been ravaged by low fees and substandard performance at the agent level.

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IL Repo Companies Almost Ready to Comply with New Repo Law, but the State Isn’t

Springfield, IL – June 18, 2012 – Ok, everyone in the Illinois repossession industry is getting ready for the launch of the new Illinois Repossession Laws, but unfortunately, The Illinois Commerce Commission, who will be enforcing the regulations isn’t quite ready. Their lack of forms and information is creating some frustration.

The new law was created to regulate repossession companies in Illinois is supposed to go into effect July 1, but there are some Repo Company Owners who are a little concerned about the new requirements.

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Illinois Recovery Association (IRA) to Host IRA 2012: Operation Collaboration

MORTON, IL –The Illinois Recovery Association (IRA), founded in 2001, is pleased to formally announce today their 11th Annual Convention hailed as IRA 2012: Operation Collaboration. The conference will take place in Rosemont, Illinois at the Hyatt Regency O’Hare on July 17-18, 2012.

IRA Executives were quick to develop the open-source agenda designed to bring industry leaders together to collaborate with the State of Illinois on the new Collateral Recovery Act, a law that will take effect beginning July 1st, 2012. In attendance from the State of Illinois will be Steve Matrisch, Acting Bureau Chief of the Illinois Commerce Commission. Additionally Commander Baner of the Illinois Commerce Commission Police, whose chief responsibility will be enforcing the Collateral Recovery Act and managing all of its police officers, will be in attendance.

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