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, they can be accessed at that of the IRA. Click Here!
The state has advised the IRA that although the law will be in effect July 1, 2012, they will be allowing a yet to be determined grace period for agency compliance.
As you can see listed below, this year’s event includes some of the largest players within the Automotive Finance and Recovery Industries. This will truly be a monumental event for collaboration and the advancement of the Recovery Industry.
- American Recovery Association
- Allied Finance Adjusters
- Time Finance Adjusters
- National Finance Adjusters
- Recovery Specialist Insurance Group
- American Recovery Services
- PAR North America
- Remarketing Solution
- Consolidated Asset Recovery Systems
- Recovery Database Network (RDN)
- Recovery Compliance Solutions
- Dynamic Wrecker
- Minuteman Wheel Lift
- Ally Financial
- Bank of America
- Capital One Auto Finance
- TD Auto Finance
- Volkswagen Credit – Lamborghini – Bugatti – Bentley Financial
- Santander Consumer Finance
- Hinsdale Bank
- Westlake Financial
- Wells Fargo Dealer Services
The response from both repo industry professionals as well as credit union and bank collectors and executives to attend the open collaboration with the State of Illinois on the new Collateral Recovery Act at the 11th Annual The Illinois Recovery Association (IRA) Convention has been surprisingly high. As the result, the previous block of rooms at the Hyatt Regency O’Hare in Rosemont, Illinois had sold out. But fortunately, the IRA has advised me that a new block of rooms is now available until July 2, 2012 until sold out.
In order to entertain all questions, the IRA is requesting questions from the public, especially those who do business in Illinois. If you have any questions for the state and the IRA regarding the new law, please send them to: firstname.lastname@example.org
For more information on sponsoring and registering for IRA 2012: Operation Collaboration, please Click Here.
About Illinois Recovery Association (IRA)– The IRA was founded in 2001 by a group of independent repossession agency owners. The goal of the founders, and now the association, is to be the collective voice of the industry. Although the association has a focus in Illinois, the association has an overall focus on the betterment of the Recovery Industry as a whole, knowing the benefits for all of its members and all of their clients. The Mission Statement: The Illinois Recovery Association was formed with a fundamental belief designed to benefit every recovery firm in the state…. a belief determined to exemplify core values, ethical conduct and pride of ownership. As a true advocate of industry reform, the IRA champions causes that directly result in viable and substantial industry advancement.
The Illinois Recovery Association – 140 West Queenwood Road, Morton, IL 61550
email@example.com – 708-237-1040 (Office) 309-266-9525 (Fax)