Washington, DC – 13 January 2017 – The U.S. Supreme Court on Friday agreed to decide whether firms collecting on debt they bought for pennies on the dollar can be held liable in lawsuits brought by debtors they targeted under a federal law cracking down on debt collectors’ abusive practices. The justices agreed to review […]
FOR IMMEDIATE RELEASE Wyoming, MN – November 16, 2016 – CU Recovery’s 2016 Collection Academy was another successful exchange of ideas on how credit unions can increase effectiveness in their collection departments. The sold-out crowd included participants from credit unions from around the country. Many sent several people to take advantage of the rich content […]
FOR IMMEDIATE RELEASE November 16, 2016 – Recovery/Repossession businesses across the country recently received a letter from MBSi Corp.—telling these small business owners that they are REQUIRED to purchase and download MBSi’s newest evolution software and operating system, Recovery Connect. Failing to do this, the letter said, would discontinue the ability of the repossession company […]
FOR IMMEDIATE RELEASE DALLAS, Texas – November 14, 2016 – Registration has started for the 3rd annual National Credit Union Collections Alliance (NCUCA) for 2017. We are excited to see the lineup that we will have available and the topics that will be discussed. We will be kicking off our conference with Dan Berger NAFCU […]
Guest 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 […]
Federal three-judge panel rules CFPB’s structure is unconstitutional but rejects idea of shutting down agency A federal appeals court delivered a strong rebuke to the government’s new consumer-finance watchdog, declaring the agency’s unusual independence to be unconstitutional, and ordering its powers be curbed. The Tuesday ruling was the latest legal setback to the Obama […]
CU Recovery & the Loan Service Center Expansion Continues FOR IMMEDIATE RELEASE WYOMING, MN – September 13, 2016 – Double digit growth over the last year has prompted CU Recovery and The Loan Service Center to add an additional layer of executive management. The newly created Chief Operating Officer position will help to ensure the […]
The Annual Conference of Time Finance Adjusters members was recently held at the Atlanta Airport Gateway Marriott and was a highly successful “FIRST” in the Asset Recovery Industry. Read More!
Service Still the #1 Priority FOR IMMEDIATE RELEASE WYOMING, MN – August 29, 2016 – CU Recovery, Inc. has been experiencing double digit growth since the beginning of the year. The Loan Service Center has doubled in size in the last 12 months and continues to grow at a record pace. Read More!
Golden Nugget Hotel and Casino Las Vegas, NV September 21st – 23rd 2016 Coming off of the very successful 2016 Convention in May, the Allied Finance Adjusters are proud to announce the dates of the 2016 Midyear Meeting at the fabulous Golden Nugget in Las Vegas Nevada Sept 21st – 23rd 2016. Read More!