Press Release Grandville, MI– February 2, 2017 – Loss Prevention Services, LLC, an industry leader in repossession and skip tracing services, announced today that it has chosen MBSi Corp. (MBSi) as its assignment and compliance management solution. Throughout this next year, LPS will transition their assignment management platform to Recovery Connect (RC), MBSi’s next generation […]
Guest Editorial Even today many creditors will argue that they are not responsible for the acts of the collateral recovery specialists they hire to recover their defaulted collateral. Their argument, which the courts disagree with, is that the collateral recovery specialist is an “independent contractor” and therefore must assume the liability associated with the self-help […]
Collateral Recovery Agent Tow Truck Training….Why? Editorial Certainly, there are many potential risks associated with the physical act of self-help repossession activity and we read about some of the unfortunate, sometimes deadly results. Statistics clearly show that professional training and certification are the most effective methods for minimizing and controlling those risks. Read More!
Guest Editorial Let me tell you a little about “those” people. They are talented professionals that must wear many faces and must be consummate professionals when servicing their clients. A few of the hats “those” people must wear in order to service their clients while managing the potential risks are: Private Detective, psychologist, locksmith, lawyer, […]
Guest Editorial Like a double edged sword, social media can be a great way to communicate or if used irresponsibility can make you bleed headaches. Remember, what you post on any social media site doesn’t go away….ever. Read More!
Guest Editorial I believe I would be remiss, and less an American if I did not give pause on this sacred day of appreciation to those to whom I owe so very much of my rights and freedoms in this greatest of all countries, AMERICA! Read More!
Guest Editorial If you read CUCollector, which is an excellent forum for information and accuracy for the collateral recovery industry and the lending community you probably read the recent article regarding a lawsuit filed in federal court under the FDCPA by Wanda Vantu v. Echo Recovery, LLC, et al. This article has stimulated lots of […]
Press Release May 14, 2015 – Due to the numerous compliance mandates by the CFPB and commercial lenders that manage portfolios exceeding $900 Billion, it becomes clear that there is a critical need for a nationally recognized professional certification program for recovery agents who specialize in commercial asset recovery. Recovery Industry Services Company (RISC) is […]
Guest Editorial A favorite bible verse of mine is Ecclesiastes 4:9-10English Standard Version (ESV) 9 Two are better than one, because they have a good reward for their toil. 10 For if they fall, one will lift up his fellow. But woe to him who is alone when he falls and has not another to lift him […]
Limited Sponsorship Options and Exhibitor Space Available for Seventh Annual North American Repossessors Summit PRESS RELEASE DALLAS, Texas – Feb. 2, 2015 – The North American Repossessors Summit (NARS), an industry event open to all recovery and remarketing professionals, hosted by American Recovery Association, Inc. (ARA) today announced Harding Brooks Insurance Agency will be a […]