Tag Archive

Remembering Back When – Repossessing in the 60’s

Published on May 24, 2017 By Cucolle1

….A long, long time ago Guest Editorial In looking at our industry as it is today I began to compare it to what it was like some 50 years ago.  The changes are huge and so I thought maybe it might be interesting to reminisce by putting those changes in an article.  Some of the […]

NCUCA Las Vegas 2017 is a Hit!

Published on March 24, 2017 By Cucolle1

PRESS RELEASE Los Angeles – 24 March 2017 – On March 15–17, 2017, the 3rd Annual National Credit Union Collections Alliance (NCUCA) was held at the Bellagio in Las Vegas and was attended by over 230 attendees from 130 credit unions and 26 states.  Of these attendees, 95% are in collections management. This upstart event has […]

Developing World-Class Debt Collectors Collection Education Scholarships Available

Published on March 8, 2017 By Cucolle1

FOR IMMEDIATE RELEASE Wyoming, MN – March 7, 2017 – Keeping debt collectors up-to-date with fundamental resources and regulatory changes is one secret of a successful collection department.  With changes to the industry coming from every direction, it can be a challenge to keep staff informed.  Now in its seventh year, the CU Recovery Collection […]

Supreme Court to Review Santander FDCPA Lawsuit

Published on January 17, 2017 By Cucolle1

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 […]

Helping Credit Union Collection Departments Succeed with Educational Sessions & Open Floor Discussions

Published on November 18, 2016 By Cucolle1

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 […]

An Open Letter to Santander Consumer USA, Chrysler Capital and MBSi Corp.:

Published on November 16, 2016 By Cucolle1

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 […]

National Credit Union Collections Alliance (NCUCA) 2017 Conference

Published on November 15, 2016 By Cucolle1

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 […]

When Does and Independent Contractor Become an Employee?

Published on November 10, 2016 By Cucolle1

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 […]

Appeals Court Rules CFPB Structure Unconstitutional

Published on October 12, 2016 By Cucolle1

  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 […]

Chris Becker Promoted to COO

Published on September 18, 2016 By Cucolle1

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 […]

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