Debt Relief Services

 USDR inc
Our Best Propositions For You

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.

Industry Updates

    • Remote Support & Training implementing policies procedures and operational projects
    • Industry Professionals Our Team is available for both extended engagements and simple one off projects

    Compliance Links