Facilitation and Management Company To Streamline and Increase Lender’s Recovery Rates

All Technology Recovery, a full-service facilitation and management company that serves collateral recovery professionals and financial institutions, today announced its new partnership with Regional Acceptance, a premier auto finance company.

With this partnership, Regional Acceptance is utilizing the collective talents of a national network of collateral recovery professionals to provide recovery facilitation to clients. All Technology Recovery will provide 24/7 support on LPR2.0 scans for Regional Acceptance. Through All Technology Recovery’s network, lenders are able to work with qualified and experienced agents with superior insurance, bond coverage and the latest technology.

By facilitating and managing work from the lending community, All Technology Recovery increases recovery rates, decreases recovery time and provides all-inclusive options from recovery to liquidation.

“All Technology Recovery is honored to be working with Regional Acceptance,” said Jim Hall, president of All Technology Recovery. “By efficiently using new and emerging technologies and attracting the best certified collateral recovery agents, we are able to provide Regional Acceptance with superior service.”

About All Technology Recovery

All Technology Recovery facilitates and manages work from the lending community to a national network of collateral recovery professionals. All Technology Recovery deploys real-time technology and partners with industry leaders, such as American Recovery Association (ARA), Digital Recognition Network (DRN), Recovery Database Network (RDN), Recovery Industry Services Company (RISC), Certified Asset Recovery Specialist (CARS) and OPENLANE, to serve collateral recovery professionals and financial institutions. For more information, call (931) 388-6545 or go to www.alltechnologyrecovery.com.

Record-Breaking Numbers Help Participants Expand the Future of the Recovery Industry

American Recovery Association, Inc. (ARA), the world’s largest association of recovery and remarketing professionals, is proud to announce a record-breaking number of attendees and an astounding amount of money raised helped make its premier third annual industry event, the North American Repossessors Summit, a success.

This year’s NARS attracted the highest attendance of the past three years. Almost 400 people in the collateral recovery and remarketing industries, including collateral recovery professionals, clients and vendors from across the U.S., unified in Dallas this past weekend, March 5, 2011 to participate in open and collaborative discussions to address and improve the industry’s challenges and complexities.

The summit provided attendees with a full program of insightful, forward-looking topics lead by key industry leaders. Mark Floyd, CEO and Vice Chairman of Exeter Finance Corp., keynoted the event, and other industry leaders, such as Tom Hudson, consumer finance attorney and partner at Hudson Cook, LLP, also provided valuable information and discussions crucial to the success of the industry. Industry clients from Chase Auto Financial, CitiFinancial Remarketing & Recovery, Wells Fargo Auto Finance, Westlake Financial Services, Capital One Auto Finance, Credit Acceptance and Ally Bank also spoke on the panel A Client’s View: How Their Day-To-Day Operations Could Impact Your Future, which gave significant insight to participants.

“We’re thrilled with the interest and participation NARS 2011 garnered within the industry,” said Joe McOwen, president of ARA. “NARS allows industry professionals to come together to discuss the challenges our industry faces and work on finding solutions.”

ARA is also proud to announce $32,000 was raised at this year’s event. $18,000 of the money raised will go to the family of Will Rivera, an ARA member that was murdered on March 2, 2011 during a repossession and $9,000 will go to Delbert Charles Power Jr., Rivera’s fellow agent who accompanied him at the scene and is recovering from wounds sustained in the event, and his family. The remaining amount will go to Recovery Agents Benefit Fund (RABF).

On the Friday preceding NARS, ARA also hosted its Collateral Recovery and Remarketing Accreditation Program for lenders, ARA members and their employees. ARA partnered with nationally recognized industry leaders to create an industry-recognized certification program that featured the Certified Asset Recovery Specialist (CARS) program, the Collection Training Consultants program, classes covering industry topics such as business ethics, data security, skip tracing, online collateral remarketing, and a Best Practices session. The classes also sold out.

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.