Tentative First Day Agenda

Friday, 15 July 2011
Executive Officer Roundtable – casual optional dinner at local restaurant 6-9 pm
Guest Speaker – University Business Management Professor

Day 1 – Saturday, 16 July 2011

9:00 – 9:30 Welcome & Introductions – Steve Rhode

9: 30 – 10:15 UDMSA 2011

• History
• Debt Adjusters
• Credit Counseling
• DMP
• Debt Settlement
• Life span of the ACT
  • Attention Items
  • What Models are Covered
  • Insurance & Bonding
  • Data Collection
  • Fee Restrictions
  • Company Certification
  • Disclosures

10:15 – 11:00 am Regulator Oversight – NC Attorney General Office

• Bonding/Insurance
• Education Requirements
• Denial/Renewal of License
• Executive Background
• Audits
• Company Requirements
  • Monthly Client Statements
  • Working in Percent of Savings Model
  • Reporting of Performance
  • Trust Accounts
  • Suitability Testing Requirements
  • Provider and Officer Liability

11:00 – 11:15 break

11:15 – 12:15 Federal Compliance – FTC – Evan Zulow

• GLBA
• Red Flag Rule
• FDCPA
• CROA
• DCTPA
• Data Security
• TSR
  • Compliance beyond Advanced Fees
  • Good Faith Estimates
  • POA
  • Marketing Claims
• Advertising & Marketing
  • Testimonials
  • Policy Statement Regarding Advertising Substantiation
  • Endorsements
  • Guarantees

12:15 – 12: 30 Break

12:30 – 1:45 Working Lunch Pending Statutory & Regulatory – Center for Responsible Lending

• Active States
• Bill Tracking
• Industry Actions
• Uniform Law Commission Update
• Consumer Protection Groups
• CFPB

1:45 – 2:00 Break

2:00 – 3:00 Current State Requirements – Loeb & Loeb – Mike Thurman

• UDMSA
• Debt Settlement Acts
• Debt Adjustment Acts
• Credit Services
• Violations
• Garnishment/ Time Barred Debt
• Privacy
• Collection laws

3:00 – 4:00 Debt Management & CCC’s – Consolidated Credit Counseling – Howard Dvorkin

• The Future of Credit Counseling

4:00 – 5:00 The Cost of Non Compliance – Litigator -Michael Dye

• Pit Falls
• Defensible Positions
• Trigger Events
• Avoidance strategies
• Forward Looking Plans

And that’s just the first day! Wait till you see day 2.