The 9th Annual North American Repossessors Summit Continues to Raise Bar for Recovery Industry

NARS 2017 proves to be bigger and better than ever before

DALLAS, Texas – July 31, 2017 – The North American Repossessors Summit (NARS), an industry event hosted by American Recovery Association, Inc. (ARA) and sponsored by Harding Brooks Insurance, is proud to announce the success of NARS 2017. The 9th annual event ushered in a new era for the recovery and remarketing industry. From a record-breaking attendance of more than 600 attendees, including recovery and remarketing professionals and lenders, to a wildly successful auction contributing over $30,000 (up nearly $25,000 from last year) to the Recovery Agents Benefit Fund (RABF), NARS proved once again to be the “must attend” event of the year.

  Read More!

North American Repossessors Summit Raises Money for Recovery Agents Benefit Fund

July 26-27, 2017  – Omni Mandalay Hotel at Las Colinas

 

IRVING, Texas – May 17, 2017 The North American Repossessors Summit (NARS), an industry event hosted by the American Recovery Association, Inc. (ARA) and Harding Brooks Insurance Agency, is announcing they will be donating all profits from the NARS Golf Tournament and live auction to the Recovery Agents Benefit Fund (RABF).

  Read More!

Primeritus Financial Services Acquires Global Investigative Services

PRESS RELEASE

Nashville, TN – February 15, 2017 – Primeritus Financial Services, Inc. – the leading provider of recovery management, skip tracing, and remarketing services to the auto finance industry in the U.S. – today announced the acquisition of Global Investigative Services, LLC (GIS).   Based in Rockwall, TX, GIS was founded by Greg Hill and partner Danny Tolbert and provides vehicle skip tracing services, equipment recovery and investigative services to the finance community. 

  Read More!

CarsArrive Network President and CEO Michael Briggs Expands Role to Include CEO of Recovery Database Network

Michael_Briggs_RDN_CAN_CEOBriggs new role creates stronger end-to-end remarketing solutions for customers

 For Immediate Release

Carmel, IN – March 21, 2016 – ADESA, a business unit of KAR Auction Services, Inc. (NYSE: KAR), today announced that its subsidiary Recovery Database Network (RDN) has named a new CEO. Michael Briggs, president and CEO of ADESA subsidiary CarsArrive Network (CAN), will expand his role within the company to also oversee RDN.

  Read More!

HELP !!! The Recovery Industry is Under Major Attack!!!

stop_ul_act

A large national forwarder is attempting to change 493

PRESS RELEASE

Fellow recovery agents, just like they tried last year, a large national forwarder is attempting to change 493 and attempting to create an exemption for themselves from licensure!

For the second year in a row they are attempting to change the definition of what a recovery agency is. They claim that they are not a recovery agency yet in the State of Michigan, in front of a Michigan state Supreme Court Judge they testified under oath that they ARE a recovery Agency!

They claim that because they “DO NOT TOUCH THE METALl” they are not a recovery agency.

The legislative session this year is very short, in fact it ends on March 01, 2016.

They are putting a lot of pressure this year to get their Bill passed into law. If it does they will be able to operate unlicensed in Florida and you won’t! You can be punished and fined by the state and they won’t!

Is that fair?

We say either regulate equally across the board or do not regulate at all.

  Read More!

ROA AWARDS AUCTION OF THE YEAR

ROA_AWARDS16

Manheim New Mexico recognized for outstanding performance

FOR IMMEDIATE RELEASE

PASADENA, Calif., February 22, 2016 — ROA, the premier risk management and loss mitigation provider of recovery and remarketing services for the financial services community, announced today Manheim New Mexico as its second national auction of the year ROA BlueAward winner.

  Read More!

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.

  Read More!

PAR’s Appeal to Michigan Courts Collection Agency Status Ruling Falls Flat

GODZLLA_DEADLansing, MI – November 18, 2015 – The ongoing legal wrangling over PAR North America’s attempts to carve themselves out of the Michigan Licensing and Regulatory Affairs (LARA) ruling from March 2015, continues. Transcripts of their November 18th appeal hearing reveal a failed attempt on their part to have themselves removed from being defined as a collection agency in order to avoid punitive damages and administrative and auditory control by the LARA.

 

  Read More!

Del Mar Recovery Solutions and Vendor Transparency Solutions (VTS) Partner to Enhance Development, Training and Compliance Initiatives

VTS_SMLLdel_mar_rcvryDel Mar Recovery Solutions continues to engage platforms to lower risk and increase ability to exceed regulation requirements for their financial lender client base

FOR IMMEDIATE RELEASE:

Carlsbad, CA – September 29, 2015 – Del Mar Recovery Solutions, an industry leader in national repossession management for auto lenders, announces it has partnered with Vendor Transparency Solutions (VTS) as yet another step in enhancing its compliance management systems. This move will increase Del Mar’s already highly sophisticated level of compliance and quality of services it provides to the lending and financial services community.

  Read More!

Skip to toolbar