It might only be October, but the American Recovery Association (ARA) already has its eyes on early May, unveiling the theme for one of its largest annual events.

ARA, along with headline sponsor, Harding Brooks Insurance, announced this week that registration is now open for the 12th annual North American Repossessors Summit (NARS). With continued support from returning sponsors MVTRAC, Clear Plan and Plate Locate, the summit is set to take place on May 7-8 at the Omni Mandalay Hotel in Irving, Texas.

With unity at the forefront of the summit, the NARS planning committee, comprised of volunteers from all sides of the recovery industry, established a theme that reflects the need for the entire industry to come together as it embarks on this new decade. Taking into consideration the unique obstacles facing business owners during this time of change and consolidation, the theme was decidedly chosen as: “Impact 2020: One Voice – Strong & United.”

ARA president Dave Kennedy elaborated about the concept.

“This year will be the beginning of a new chapter for NARS, and for the repossession industry as a whole,” Kennedy said in a news release.

“We are going to reestablish trust and competency, provide tangible support to our business owners, deliver on educational development and create a voice of leadership for the repossession industry,” he added.

This year’s summit will bring together recovery professionals from all over the country. During the summit, there will be various opportunities for exhibitors and sponsors, breakout sessions that foster collaboration and education and dynamic, inspiring speakers from within the industry and beyond.

With the goals of establishing industry standards and addressing the state of the repossession industry, organizers added that NARS 2020 will include empowering sessions that focus on managing risk, improving cash flow, building industry synergy and growing a successful business.

Registration is now open at reposummit.com, and for a limited time, registrants can save $100 on the cost of registration with early-bird pricing.

To incentivize and encourage business owners to bring members of their staff, the NARS committee has introduced discounted tiered pricing after the first two registrations. ARA members will receive early bird registration prices until two weeks before the conference.

Registration for exhibiting and sponsorships for NARS 2020 will be announced soon. Organizers said new sponsorship opportunities will be added for NARS 2020 to allow more companies to take advantage and benefit from the exposure.