As you have been reading lately, there are many changes happening in our industry. This is the year of change! It is incumbent for all associations to step up and support their members in every possible way. There are various new vendor contracts being circulated for our members to consider. The time has come to create industry unity to change the unfair nature of many of these contracts.
It is not the place of a trade association to state which contracts to sign or not sign. However, it is our belief that we should make you aware of the concerns that have been expressed by fellow members and your peers in the recovery industry. In the past, we gathered and distributed important industry data that would enable all to make better decisions. However, despite evidence that fees should not be driven down any further, the message seemed to fall on deaf ears. Perhaps we need to change our strategy and decide as an industry, it is time to say “NO.” (more…)
Our March webinar will cover UDAAP (Unfair, Deceptive and Abusive Practices) and FDCPA (Fair Debt Collections Practices Act). Register now for our upcoming webinar sessions next week.
Tuesday, March 19 at 10 a.m. CST/11 a.m. EST
Wednesday, March 20 at 8 a.m. CST/9 a.m. EST
Thursday, March 21 at 2 p.m. CST/3 p.m. EST
All webinar recordings and PDFs of the presentations are available on the ARA Resource Page. If you have feedback or questions, please contact Home Office at email@example.com or 972-755-4755.
ARA and NFA merge into one trade association and ARMS & Relliance combine into one co-op
AUSTIN, Texas – Feb. 26, 2013 American Recovery Association (ARA) and National Finance Adjusters (NFA) announced today they merged into one trade association. The combined resources and memberships of these two long standing, well respected entities will result in the strongest trade association the industry has ever seen. The new trade association will move forward under the name of the American Recovery Association (ARA). As part of the comprehensive agreement, American Recovery Management Solutions (ARMS) joined with Relliance, Inc. to form the largest industry-owned forwarding and facilitation cooperative in the United States. The co-op will be named National Finance Adjusters (NFA). (more…)
Fifth Annual NARS Expects 600 Recovery, Remarketing and Lending Professionals in Attendance
DALLAS, Texas –The American Recovery Association, Inc. (ARA), the world’s largest association of recovery and remarketing professionals, enhanced its fifth annual North American Repossessors Summit (NARS) by expanding to a three-day event to include a lender and recovery agent golf tournament, more networking opportunities, and more speakers – all focused on the power of performance.
From April 25 – 27, an anticipated 600 professionals from the collateral recovery and remarketing industries, including collateral recovery professionals, clients, and vendors from across the country, will gather in Dallas to participate in NARS 2013. The summit focuses on open and collaborative discussions that address methods to improve the industry’s challenges and complexities to lay the foundation for the future.
Keynote speaker, James W. Bass, chief executive officer for Auto One Acceptance, will outline the necessary steps for continued profitability through the use of analytics and education. Chief Economist at Manheim Consulting, Thomas Webb, will take a detailed look at the numbers to discuss where the recovery and remarketing industry is heading. Rick Gilman, owner of RGG Communications, will provide insight about how to ride the digital wave to success. Doug Duncan, president of Your HR Solutions, will present on why smart employees underperform.
With industry unification as the event’s main goal, NARS also brought together representatives from various recovery and associations to weigh the value of expanding the state associations and the need for industry compliance.
The first NARS golf tournament, sponsored by Recovery Manager Pro, will be held at the beautiful Tour 18 Dallas, where golfers experience some of the greatest golf in America. The tournament will be a four-person scramble. Players may register as a team or as an individual (players must include their handicaps). The entry fee is $80 per player with a sack lunch included. The awards presentation and networking event will take place immediately after the tournament at Tour 18 Dallas. Transportation to and from the Omni Hotel and golf course will be provided upon request. To register, email firstname.lastname@example.org or call 972.755.4755.
Headline sponsor, PRA Location Services, will host the annual Cocktail Reception on Friday night open to all registered attendees. MVTrac will sponsor breakfast on Saturday. Lunch sponsor, Digital Recognition Network (DRN), will host a meeting focused on The Strong Getting Stronger: Generating Revenue with LPR. Other sponsors and exhibitors include: ARA ARMS, American+Repossessor, Austin Insurance, Inc.; ConnecToGo, Dynamic, iRepo.com, MasterFiles, McNutt Auto Logistics, MicroBilt, MinuteMan, MVTrac, PDJ Services, Prestige Management & Consulting, Recovery Database Network, RecoveryFirst Insurance, Recovery Manager Pro, Repo Solutions, RISC, SmartAuction, Thomson Reuters, and VTS.
“NARS is the biggest industry event and continues to get bigger each year,” said Mary Jane Hogan, president of ARA. “The addition of the golf tournament, networking and speakers was a result of industry feedback and demand.”
The summit provides the opportunity for a diverse group of industry professionals from various sectors to come together and brainstorm solutions for the most prominent issues, while developing new innovations for adaptation of the constantly changing future. More information is available at www.reposummit.com.
In addition, ARA recently announced its merge with National Finance Adjusters into one trade association and its co-op, American Recovery Management Solutions (ARMS), joining with Relliance, Inc. to form the largest industry-owned forwarding and facilitation cooperative in the U.S. The co-op will be named National Finance Adjusters (NFA).
About American Recovery Association, Inc.
American Recovery Association (ARA) is the world’s largest association of recovery and remarketing professionals. ARA members specialize in locating and repossessing collateral on behalf of lending institutions including banks, savings institutions, finance companies, credit unions, rental/leasing companies, and auto, truck and equipment dealers. A non-profit association, ARA members serve 27,000 national and international cities. All members are certified independent business operators. For more information, call 972.755.4755 or visit the website at www.repo.org.
This year we printed and mailed more than 30,000 directories. If you have not received your directory, we have a limited number at Home Office. Please call the ARA Home Office at 972-755-4755 if you would like more directories. We will be happy to send you as many as you need.
Recovery and Lending Professionals Wanted for April 2013 Event
Dallas, TX – November 1, 2012, American Recovery Association, Inc. (ARA), the world’s largest association of recovery and remarketing professionals, is proud to announce the call for speakers is now open for its fifth annual industry event, the North American Repossessors Summit (NARS) on April 26–27, 2013.