Autumn is upon us and as the holidays approach, we all face what is typically one of the most difficult times for collections. Unemployment remains high and our members are dealing with schooling cost, increased light and heating bills in addition to the rest of the expenses the holidays bring. I expect we will all see an increase in requests for help from our members in the form of loan extensions and restructures.
I want to acknowledge the wonderful experience that DAA Northwest and PAR Remarketing did in putting on the ‘Day at the Auction’ event. It was very well orchestrated and quite enlightening. Thanks as well to Mike Siderius who presented the ‘Foreclosure Unfairness’ seminar earlier this month. He presented a very adept understanding of the foreclosure process.
The board has put together what looks to be an excellent conference in June 2012. Our speakers include a private investigator that will demonstrate skip tracing techniques using free internet sites and an attorney that specializes in repossession law. We will have a speaker on collection strategies, an auditor from the NCUA to discuss TDR’s and a collection panel to help you work through your collections issues. Make plans now to attend conference June 7-9 at the Richland Red Lion Inn.
Look forward to seeing you there.
Jeffery Girmus
NWCUCA President
