NATIONAL ASSOCIATION OF RETAIL COLLECTION ATTORNEYS
National Association of Retail Collection Attorneys601 Pennsylvania Avenue, NW, Suite 900 SouthWashington, D. C. 20004202-861-0706 Fax [email protected] www.narca.org
DEBT COLLECTION INITIATIVES
CONFERENCE OF WESTERN ATTORNEYS GENERAL
July 13, 2011
ABOUT NARCA• NARCA Background• Members– Licensed Attorneys Practicing Law• Bar Licensure• CLE• Rules of Professional Conduct• Officers of the Court
– Highly Regulated• Federal Laws & Regulations• State Laws & Regulations
ABOUT NARCA• Collection Law Firms– Thousands employed– Millions of dollars paid into courts
• Responsibility– NARCA is the national leader in promoting the
professional and ethical practice of debt collection law.
• Preserves the nature of a credit-based economy
• Ensures lenders’ trust that loans will be repaid• Returns millions of dollars to the economy• Maintains low rates of credit• Supports business growth and employment
DEBT COLLECTION: ESSENTIAL TO OUR CREDIT-BASED ECONOMY
• Licensed Attorneys Practicing Law• Collect on Behalf of Clients• Return Money to the Economy• Commitment to Professional Education– NARCA CLE-Approved Best Practices & Ethics
Seminars• Commitment to Consumer Education– Avoiding the Debt Trap
COMMON GROUND
HELP US HELP YOU
• NARCA advocates measures that provide consumer protection without unduly burdening responsible legal debt collection.
• Federal & State Outreach
• Examples
• Unintended Consequences
NARCA AS A RESOURCE
Massachusetts Connecticut Maryland Illinois North Carolina
FTC Roundtable Congress Federal Agencies SCBA Initiative Attorneys General Legislators Judiciary Bar Associations
NATIONAL ASSOCIATION OF RETAIL COLLECTION ATTORNEYS
ContactEric Rosenkoetter
NARCA Director of Government & Public Affairs
Direct: 512-914-5696Email: [email protected]
National Association of Retail Collection Attorneys601 Pennsylvania Avenue, NW, Suite 900 SouthWashington, D. C. 20004202-861-0706 Fax 240-559-0959www.narca.org
