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DALLAS — American Recovery Association and Recovery Industry
Services Co. recently formed a partnership to offer a continuing education
program for ARA's members and members' staff.

Association leadership declared the continuing education
program created with RISC will help ensure ARA members continue to meet the
highest standards for its clients.

As part of the benefits of being an ARA member, the
continuing education classes will be offered to ARA members and members' staff
at no cost.

The association explained the one-hour classes will be
conducted through online Webinars with three 20-minute sessions. The classes
will be held three times a month, so members and employees will be able to
match a time with their schedule.

Sessions include:

—The Recovery Process: Laws and Regulations
—Compliance: Policies and Procedures
—Best Practices

ARA's partnership with RISC is the second major development
coming from the association this year.

Back in January, ARA announced the creation of ARMS
(American Recovery Management Solutions), a member-owned contract and billing
organization. The association explained ARMS was created to improve the
recovery industry by meeting the needs of the lending community as well as the
recovery agents.

"With ARMS' commitment to the lending community of
100-percent transparency and the promise to utilize the most well-trained and
compliant agents in the nation, it seemed natural for ARA to lead the effort to
help our members and our members agencies to prepare to exceed client
expectations," said Mary Jane Hogan, president of ARA.

RISC president Stamatis Ferarolis added, "RISC is pleased to
offer our curriculum to the members of ARA.

"With certification training and compliance being at the
forefront of the industry, ARA has once again shown its commitment to staying
ahead of current events," Ferarolis concluded.

ARA Partners with RISC on Continuing Education Program