Key Industry Leaders Partner with American Recovery Association to Teach Accreditation Program

• Dec 14, 2010 • News, UncategorizedComments Off on Key Industry Leaders Partner with American Recovery Association to Teach Accreditation Program

American Recovery Association Chooses Seasoned Professionals as Part of Its Best in Class Approach

DALLAS, December 14, 2010 – American Recovery Association, Inc. (ARA), the world’s largest association of recovery and remarketing professionals, today announced the industry leaders chosen to teach its new Collateral Recovery and Remarketing Accreditation Program, which launches on January 25, 2011 for lenders, ARA members and members’ employees.

As part of their Best In Class approach, ARA has partnered with the following exceptional industry professionals to lead the Accreditation Program. Stamatis Ferarolis and Joe Taylor of Recovery Industry Services Company (RISC), Steve Peterson of Collection Training Consultants, Alex Price of MasterFiles, Michele Stuart of JAG Investigations, Zach Hallowell of OPENLANE, and Rick O’Connor of SmartAuction will bring their reputable programs and notable experience to teach and train participants. In addition, various regional business professionals will present a Best Practices session.

The Certified Asset Recovery Specialist (CARS) Program, which is administered by RISC and was written by Taylor, vice president of RISC, is the first comprehensive national education program developed for professionals within the collateral recovery industry and has more than 4,000 collateral recovery specialist graduates. Taylor will join Ferarolis, president of RISC, in training participants in the ARA accreditation program to earn a CARS certificate. Likewise, the Collection Training Consultants program also adds high educational standards to the recovery industry. Peterson, founder of Collection Training Consultants, has more than 30 years of experience in the collections field and has trained 5,000+ individuals since 1991. Both programs are included in the daylong Accreditation Program that includes classes covering industry topics such as business ethics, data security, skip tracing, and online collateral remarketing.

“Our Best In Class approach drives our initiatives and the opportunities we bring to our members,” said Les McCook, executive director of ARA. “We believe in these industry leaders and know this program will be a rewarding experience for our members and partners.”

The accreditation program will launch January 25, 2011 in Charlotte, North Carolina. Other secured dates include January 26 in Atlanta, Georgia; January 27 in Birmingham, Alabama; February 7 in Jacksonville, Florida; February 8 in Orlando, Florida; February 9 in Ft. Lauderdale, Florida, February 23 in San Diego, February 24 in Phoenix and March 4 in Dallas, Texas during the 2011 North American Repossessors Summit. Lenders and ARA members, along with their employees, will have simultaneous classes covering various subjects. The program will also include a networking luncheon for all participants.

“Lenders and recovery agents and their businesses will benefit greatly from ARA’s extensive Accreditation Program,” said Ferarolis. “This program gives participants a unique opportunity to gain important skills, and we look forward to sharing our program and knowledge.”

For more information about the accreditation program, please contact ARA Home Office at 972-755-4755 or email

About American Recovery Association
American Recovery Association, Inc. (ARA) is the world’s largest organization of professional finance adjusters and certified recovery specialists. 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. ARA members serve 27,000 national and international cities. All members are certified, independent business operators. For more information, call 972-755-4755 or go to

Ready to Work With ARA?

Become a Member Find a Specialist