NASHVILLE, Tenn. -

The immediate past president of American Recovery Association rolled out a new full-service facilitation and management company just before the close of 2010.

Jim Hall explained his plans for All Technology Recovery is to be an operation to serve collateral recovery professionals and financial institutions. He pointed out All Technology Recovery was formed in collaboration with other seasoned industry professionals to utilize the collective talents of a national network of collateral recovery professionals to provide recovery facilitation to clients.

Through All Technology Recovery’s network, Hall indicated lenders are able to work with qualified and experienced agents with superior insurance and bond coverage. These agents can utilize state-of-the-art technology such as LPR2.0 and receive competitive pricing and 24/7 responses.

“Our goal at All Technology Recovery is to improve the recovery industry by efficiently using new and emerging technologies and attracting the best certified collateral recovery agents,” said Hall, who will serve as president of All Technology Recovery.

“As the technology and industry keep evolving, All Technology Recovery will provide clients with straightforward options to increase their profitability,” he continued.

Hall went on to say that All Technology Recovery is designed to work with industry leaders such as the ARA, Digital Recognition Network (DRN), Recovery Database Network (RDN), Recovery Industry Services Co. (RISC), Certified Asset Recovery Specialist (CARS) and OPENLANE.

By facilitating and managing work from the lending community, Hall insists All Technology Recovery can increase recovery rates, decrease recovery time and provide all-inclusive options from recovery to liquidation.

Zach Hallowell, business line director at OPENLANE, touched on how OPENLANE is involved in this new recovery venture.

“OPENLANE gives recovery service providers a faster, more cost-effective way to remarket vehicles directly from their storage facilities and in turn offer their lending institution clients a more efficient and economical method of disposing of repossessed vehicles,” Hallowell reiterated.

“We’re thrilled to be working with facilitation companies such as All Technology Recovery to help them maximize revenue opportunities while providing value added services to their clients,” he added.

For more details about All Technology Recovery, visit www.alltechnologyrecovery.com.