For the second time leading into this week’s North American Repossessors Summit (NARS), Recovery Industry Services Co. (RISC) is bolstering its offerings.

Through its relationship with Hudson Cook, RISC announced it has completed a significant update to the Certified Asset Recovery Specialist (CARS) National Certification program. Improvements include detailed information about repossession insurance, relevant case studies and updates to the laws that govern the self-help repossession process. 

“The updates include a comprehensive review of repossession laws to ensure recovery agents are getting the most relevant and recent compliance education,” said Hudson Cook partner Eric Johnson, who will continue to oversee annual updates to the CARS and CARS Continuing Education courses.

RISC president and chief operating officer Holly Balogh added, “We are excited to continue to foster our relationship with Hudson Cook to provide the most thorough, up-to-date educational material to repossession agents.

RISC chief executive officer Stamatis Ferarolis emphasized the relationship with Hudson Cook, as well.

“Our partnership with Hudson Cook means agents who invest in the CARS program are receiving the most recent and relevant training for collateral recovery,” Ferarolis said. “Anyone who becomes certified on the CARS program can be confident that the material is widely accepted and sought after by creditors in the repossession industry.”  

This announcement arrived on the heels of RISC being set to release an updated version of the Skip-Tracing Certification authored by Alex Price, who is the director of risk solutions at Digital Recognition Network (DRN), and also known as “The Skip Guru.”

To sign up for the CARS program or a new CE course, visit www.riscus.com/Education/. RISC offers a subscription monthly payment option for all education purchases. 

For questions about RISC and the CARS program, contact Balogh at holly@riscus.com.