RMAI Update February 2023

RMAI loved seeing so many of you in Las Vegas this month for our 2023 Annual Conference! With 1,300 attendees, the event was very busy, with high energy throughout. We held 23 education sessions, people connected at 21 networking events, and 92 exhibit booths filled the hall. We also premiered RMAI’s first annual report – didn’t pick up your copy?  Download the 2022 Annual Report here.

Our charity fundraiser for The Shade Tree, a Las Vegas nonprofit sheltering and empowering women and children, donated 500 piggy banks filled with $20 each for children. Thank you for your generous support of this worthwhile cause!

We look forward to seeing you at our Executive Summit in Monterey, CA, August 1-3, 2023. Join us for next year’s 2024 Annual Conference at the Aria in Las Vegas, February 5-8, 2024.

Read on for Federal, Legislative Fund and Certification updates. State, Court Case, Education, and Membership updates will return next month.

2023 RMAI Board of Directors

In the past month, RMAI has monitored the appointment of sub-committee chairs and members to both the House Financial Services Committee and the Senate Banking Committee.  With these appointments now complete, the Federal Committee will begin to strategize RMAI’s advocacy efforts for 2023 which will include monitoring of legislative proposals, engaging in CFPB hearings held on Capitol Hill, and educating new members of the key committees.

The RMAI Federal Committee is currently drafting comments to share RMAI’s concerns on the proposed rule that would establish a registry of non-bank entities supervised by the CFPB.  Consideration is also being given to submitting comments for the biannual CARD Act report and the proposed rule to regarding non-negotiable contract clauses.

Thank You for Your Support in the 2023 Annual Conference Silent Auction
The 2023 Annual Conference Silent Auction was a big success, raising over $25,500 for the RMAI Legislative Fund. Thank you to everyone who donated an item or bid on prizes. We appreciate your generous support!

About the Legislative Fund
RMAI actively monitors and responds to state and federal measures affecting how our members do business. Your contributions to the Legislative Fund extend the reach of RMAI’s advocacy across the country where and when needed.

Read more about the Legislative Fund here. | Donate to the Legislative Fund | Click Here to see a list of current contributors on the right side bar.

Make Your Annual Conference Education Count for the Receivables Management Certification Program
Attending education sessions at our 2023 Annual Conference sets you on your way for earning your initial or renewal certification. Individual certification requires 24 education credits every two years. You could have earned up to 17 education credits at the Annual Conference, including all required classes for either initial or renewal certification. Required courses include Introductory Survey Course on Debt Buying (initial certification only), Ethics (initial and renewal certification), and Diversity, Inclusion & Elimination of Bias (initial or renewal certification). If you missed these courses, don’t worry – you can still take them online. Keep in mind, CCOs need 12 in-person education credits, while others can take all of credits online.

We brought the certification forms turned in at the Annual Conference back to the RMAI office to add to individuals’ files. Still need to submit your form? You can download it here.

Complete your remaining education credits via webinars, available for free to members. When you’ve completed your credits, send your completed application for individual certification or recertification and all certificates of completion and/or conference credit forms to [email protected].

For questions about certification, contact RMAI at 916-482-2462 or email [email protected].

RMAI’s leadership cultivates relationships within the receivables management industry to expand business opportunities for members.

RMAI 2023 Executive Summit | August 1-3, 2023

Please note, the RMAI office will be closed February 20, 2023 for President’s Day.

Thank you to our January 2022 – January 12, 2023 Legislative Fund Contributors!

Diamond $25,000
Cavalry Investments, LLC
Crown Asset Management, LLC
Financial Recovery Services, Inc.
First Financial Portfolio Services, LLC (FFAM360)
Midland Credit Management
Portfolio Recovery Associates, LLC
Resurgent Holdings, LLC
Velocity Portfolio Group, Inc.

Titanium $15,000
National Credit Adjusters, LLC

Platinum $10,000
Blitt and Gaines, P.C.
Cascade Capital, LLC
Garnet Capital Advisors
InvestiNet, LLC
Second Round, LP
Unifund CCR LLC

Gold $7,500
Miller and Steeno, P.C.
Pressler, Felt and Warshaw, LLP
Rausch Sturm, LLP
Superlative RM

Silver $5,000
AscensionPoint Recovery Services, LLC
CKS Financial
Corporate Advisory Solutions, LLC
Digital Recognition Network
FMA Alliance, Ltd
Halsted Financial Services, LLC
Klima, Peters, & Daly, P.A.
National Loan Exchange
Pharus Funding, LLC
Provana, LLC
Spring Oaks Capital, LLC
T & I Enterprises, LLC
Tromberg, Morris & Poulin, PLLC
Velo Law Office

Bronze $2,500
Absolute Resolutions Corp.
Couch Lambert
DebtNext Software, LLC
Ragan & Ragan
RAzOR Capital, LLC
Resurgence Capital, LLC
Security Credit Services, LLC
Stillman Law Office
Weltman, Weinberg & Reis Co., L.P.A.

Brass $1,000
Action Collection Agencies, Inc.
AKCP LLC
Aldridge Pite Haan, LLP
Andreu, Palma, Lavin & Solis, PLLC
Arbeit
Arko Consulting LLC
Barron & Newburger, P.C.
Bayview Solutions, LLC
Bread Financial
Butler & Associates, P.A.
Call Center Services International
Capio
CCMR3
Cedar Holdings International, Inc. DBA Cedar Financial
Commercial Credit Group Inc
Commercial Funding Inc.
Complete Credit Solutions, Inc.
Convergence Acquisitions, LLC
Cornerstone Support, Inc.
CSS Impact!
D & A Services, LLC
Dobberstein Law Firm, LLC
Epicenter Technologies Pvt. Ltd.
Equabli
EverChain, LLC
FLOCK Specialty Finance
Genesis Recovery Services
Gordon, Aylworth & Tami, P.C.
Guglielmo & Associates, PLLC
Harvest Strategy Group, Inc.
Hunt & Henriques
Invenio Financial, a Phillips & Cohen Associates company
Investment Retrievers, Inc.
Jefferson Capital Systems, LLC
Kirschenbaum & Phillips, P.C.
Kota Business Solutions, LLC
Levy & Associates, LLC
Lockhart, Morris & Montgomery, Inc.
London & London
Mandarich Law Group LLP
MauriceWutscher LLP
Maxwell & Graves Solutions, LLC
Metacorp, LLC
Mountain Peak Law Group, PC
Nelson & Kennard
PCI Group Inc.
Phin Solutions, LLC
Portnoy Schneck, LLC
Quall Cardot, LLP
Quantum3 Group, LLC
RevSpring
Sequium Asset Solutions, LLC
SimpleCertifiedMail.com
Skit.ai
Slovin & Associates
Stenger & Stenger P.C.
Stone, Higgs & Drexler
Synergetic Communications, Inc.
The Cadle Company
Tobin & Marohn
TrueAccord
US Mortgage Resolution, LLC
USASF Servicing
Venable LLP
VeriFacts, Inc.
Vertican Technologies, Inc.

Other
Actuate Law, LLC
Alliance Credit Services, Inc.
ARM Compliance Business Solutions LLC
Bedard Law Group, PC
CMS Services
Coastal Law Firm, APLC
Converging Capital, LLC.
Convoke, Inc.
Credit Management Corporation
David Reid
Delev & Associates, LLC
Fein, Such, Kahn & Shepard, P.C.
G. Reynolds Sims & Associates, P.C.
InDebted
International Debt Buying Consultants, LLC dba Portfolio Management Group
Kino Financial Co., LLC
Law Offices of Steven Cohen, LLC
Martin Lyons Watts Morgan PLLC
National Enterprise Systems, Inc.
National Recovery Solutions, LLC
Poser Investments, Inc.
ProVest LLC
Red Target, LLC dba SCJ Financial Services
SAM, Inc. – Solutions for Account Management
Simmonds & Narita LLP
Solutions by Text
Sonnek & Goldblatt, Ltd.
Stone Creek Financial, Inc.
Suttell & Hammer
Tate & Kirlin Associates, Inc.
The Oakes Law Firm, LLC
Troutman Pepper LLP
Troy Capital, LLC
United Acquisitions, LLC
Vargo & Janson, P.C.
Viking Client Services, Inc.