Organizers of the North American Repossessors Summit (NARS) have announced the opening of nominations for their second annual Industry Awards. Designed to honor exemplary repossession professionals, this year’s award categories include Recovery Agent of the Year, Service Representative of the Year, Humanitarian of the Year and Agency Owner of the Year.

NARS officials said submissions can be made until March 6. The NARS committee will choose the top three nominations in each category before opening voting to the public to select winners.

“All nominees will be carefully vetted based on the quality and detail of submission and their contributions to the repossession industry,” officials said.

The awards categories are as follows:

Recovery Agent of the Year

The Agent of the Year Award honors the agent who has demonstrated outstanding professionalism, understanding of lender needs and full compliance with industry standards, as well as protection of the consumer's rights and safety.

Service Representative of the Year

The Service Representative of the Year Award represents someone who has shown exemplary performance and has consistently excelled in their position. This person demonstrates integrity, creates a positive atmosphere in their workplace, and displays a strong commitment to the mission and values of our industry.

Humanitarian of the Year

Humanitarian of the Year submissions showcase an industry professional of any position who contributes significantly to alleviating human suffering and improving the quality of life in their community. This person demonstrates leadership through outstanding volunteer accomplishments that bring honor to the collateral recovery profession.

Agency Owner of the Year

Finally, the Agency Owner of the Year Award will go to an owner who has at least a three-year commitment of excellence within their company and the collateral recovery industry. This person should also be able to document their commitment to professional education and compliance training as well as the use of innovation and creativity in enabling their company to prosper and extend its reach in the collateral recovery profession.

To submit someone for an industry award, go to reposummit.com.