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Program Outline

The Certified Asset Recovery Specialist® National Certification Program is designed to educate the professional collateral recovery specialist in; Federal Laws and State Statutes effecting the industry, potential liability situations, the collateral recovery process skip tracing, ethics and professional conduct, insurance needs, and provides twenty forms necessary for the business. The program consists of eleven sections including a glossary of terms. Following is the program table of contents:

i

Forward

ii

Introduction

iii

About The Author

iv

Contributors

v

Course Instructions

vi

Disclaimer

vii

History

viii

Do We Need Them?

ix

Criminal Law vs Civil Law

Section 1

Applicable Federal Law

  • Fair Debt Collection Practices Act (FDCPA)
    • Sections Applicable to Collateral Recovery Process
  • The Entire Act (FDCPA)
  • Servicemembers Civil Relief Act
    (Formerly Soldiers and Sailors Civil Relief Act)

Section 2

Uniform Commercial Code (UCC)... What Is It?

  • Articles 9-609 Thru 9-628

Section 3

Elements of Crimes Against Persons

  • Breach of Peace
  • Assault
  • Aggravated Assault
  • Battery
  • Aggravated Battery
  • Culpable Negligence
  • Harassment
  • Kidnapping
  • Stalking

Section 4

Elements of Property Crimes

  • Trespass; Trespass After Warning
  • Criminal Mischief
  • Breaking or Injuring Fences
  • Burglary

Section 5

The Recovery Process

  • Installment Loan Contracts and Security Agreements
    • Elements of a Legal Contract
  • Additional Terms and Agreements
  • Skills of the Professional Collateral Recovery Specialist
    • Locksmithing
    • Confrontational Skills
    • Investigative Skills
    • Driving Skills
    • Knowledge of Laws
  • Receiving Assignments
  • Preparing Assignments for Field Activity
  • Recovering Collateral from Military Installations
  • Recovering Collateral from Indian Reservations
  • Bankruptcy
  • Personal Property
    • Notification; Inventorying; Storage; Release
    • Redemption of Collateral
  • Sale of Recovered Property
  • Security
    • Storage Area
    • Office
  • Skiptracing
    • Types of Skips
    • What Can Skiptracers Legally Do?
    • Qualifications of a Professional Skiptracer
    • Information and Where to Get It
    • Sources of Information
    • Locating Active Duty Military Personnel
    • Web Sites
    • Social Security Numbers by State

Section 6

Ethics, Professional Conduct and Communication

  • The Man in the Glass
  • Helpful Reminders
  • Facts About Ethics, Professional Conduct, and Client Service
  • Communication with Clients and Prospects
  • Communication with Debtors
  • Communication with Law Enforcement
  • State Associations

Section 7

Defensive Driving

  • Maintain Your Equipment
  • Defensive Driving Techniques
  • Avoiding Head-On Collisions
  • Passing Other Vehicles
  • Following Other Vehicles
  • Seat Belts
  • Cellular Telephones

Section 8

Insurance

  • Explanations of Coverages
    • Commercial General Liability
    • Garage Liability
    • Garagekeepers Coverage
    • On-Hook Coverage
    • Drive Away Coverage
    • Personal Effects Coverage
    • Personal Injury Coverage

Section 9

Applicable State Statutes

Section 10

Forms

  • Acknowledgment Letter
  • Assignment Form - Impound Order
  • Authorization To Take Possession
  • Authority To Recover Collateral from Military Installations
  • Bid Form
  • Condition Reports
  • Hold Harmless Letter
  • Personal Property Inventory
  • Personal Property Notification Letter
  • Personal Property Release Form
  • Personal Property Dispute Form
  • Recovery Agent Information Form
  • Skiptracing Work Sheet
  • Transport Release
  • Vehicle Release - Debtor

Section 11

Glossary

  • Glossary

 

 

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