When Does and Independent Contractor Become an Employee?

Gind_cntrctruest Editorial

There is a strange phenomenon occurring in the asset recovery industry consisting of deep client involvement in the repossession process related to the control and intrusion in the actual act of the repossession.

For some reason the clients seem to be more involved with controlling the actions of the agent in the field for example the “NO CONTACT” with consumers or third parties dictates. What world do these people live in? Apparently, they have never worked an actual field assignment or they would understand that their absurd directive is an impossible demand.

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Free Wi-Fi… A Bomb Waiting To Explode

wifi_bmbProtecting a Consumers Non Public Personal Information When Using “Free Public Wi-Fi”

Guest Editorial

In our computer tech business environment, it is not uncommon to see a field agent pull their recovery vehicle into a business parking lot and use the “FREE WI-FI” to perform actions on their laptop, notebook or smart phone. The use of the “FREE WI-FI” network is perceived to speed up the process and save money in communication costs.

But when field agents use this type of “FREE WI-FI” every agency owner should ask themselves, “Is this a safe and compliant action or does the use of “FREE WI-FI” networks place protected consumer data and agency information at risk?”

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National Standardized Training and Safety Credentialing Program For Asset Recovery Agency Support Personnel

eagle_XX

PRESS RELEASE

02/11/2016 –The majority of lending institutions, under the scrutiny of the Consumer Financial Bureau, are required to use only third party service providers with proper compliance and training.

In the late months of 2014 the members of the highly respected Eagle Group XX developed a standardized training and safety credentialing program specifically designed for the men and women who work recovery assignments in the field. Now, in 2016, the group has completed and released a training program for the in house agency employees.

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A Chance to Roll Back the Clock

trn_bck_clckGuest Editorial

There seems to be a change in the opinion of many recovery agents in regard to the value of associations in general. You are the owner of your own company and certainly have the right to your beliefs as to where and how clients find and assign business to your company.

To that end I will state that those of you that work for large contract banks and their forwarding agents (which now number in the dozens) may have thoughts that you no longer need advertising or that you can now afford to reduce your advertising space based on high volume. You find your office very busy and cash flow (as opposed to profits) seems very exciting and to that end you have modeled a new business plan.

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Avoid the Pitfalls of Working for Predatory Lenders

shrk_suitEDITORIAL

The members of Eagle Group XX have noted a phenomenon occurring in our industry and would like to address it in order to assist other asset recovery industry members in avoiding costly lawsuits, bad publicity and loss of clients.

In today’s litigious society it is not an uncommon occurrence for a professional asset recovery agency to end up named in a lawsuit instigated by a consumer when the allegations of wrongdoing relate strictly to the activities of the lender.

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Eagle Group XX Releases “Industry Standard Repossession Agreement” To the Asset Recovery Industry

eagle_XXPRESS RELEASE

The members of Eagle Group XX have been working diligently on a project for the last six months to update the antiquated “Industry Standard Repossession Agreement” known affectionately as the “Industry Standard Contract”. Eagle Group XX members felt that changes were necessary in order to better meet the rigors and demands of today’s lender’s strict compliance demands.

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National Standardized Training and Safety Credentialing Program for Field Agents Tops 200

eagle_XXPRESS RELEASE

The majority of lending institutions, under the scrutiny of the Consumer Financial Bureau, are required to use only third party service providers with proper compliance and training documents. In the late months of 2014 the members of the highly respected Eagle Group XX developed a standardized training and safety credentialing program specifically designed for the men and women who work recovery assignments in the field.

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Eagle Group XX Develops Standardized Training and Safety Credentialing Program for Field Agents

eagle_XXFOR IMMEDIATE RELEASE

The members of the highly respected Eagle Group XX have worked together for the last 6 months to develop a standardized training and safety credentialing program specifically designed for the men and women in the asset recovery industry who work recovery assignments in the field.

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