Get The Answers at
The National Collections & Credit Risk Conference
The 12th Annual National Collections & Credit Risk Conference is designed to address important industry questions and give a voice to all the major stakeholders in the credit risk and collections industry. The current market will have strong consequences for the U.S. economy well into 2009. This conference will provide guidance on how to deal with these challenges and how to turn them into opportunities. Some issues to be addressed include:
- The U.S. healthcare system is the economy’s single largest budget item, taking up 16% of Gross Domestic Product. According to trade group ACA International, three-quarters of its members collect healthcare debt. Any big impact on healthcare collections likely would have some ripple effect on the broader collection industry.
- With the subprime mortgage market tanking, can auto loans to the subprime sector be far behind? Should collectors be gearing up for an influx of auto deficiency business this year?
- Bankruptcy experts predict a slow but steady return to pre-2005 levels, which means about 1.6 million filings a year. A rise in bankruptcy filings will likely mean more debt of all asset classes and maybe a drop in record-high debt prices.
- In today’s high-tech world agencies are scrambling to adapt to new methods for reaching debtors, and they struggle to keep pace with the changes in the ways debtors communicate. As credit quality worsens, servicers are going to ever-greater and more creative lengths to make contact with delinquent borrowers who are reluctant to talk to them.
The coming year promises to be an interesting one, and you don’t want to miss out on this opportunity to network with industry experts that can help you succeed – and prevail – in today’s marketplace.
We look forward to seeing you in New Orleans!