RISC is happy to announce that Bogdan Rentea, of Rentea & Associates has agreed to represent RISC as our outside legal counsel. Mr. Rentea, whose office is in Austin, Texas, has been involved as legal counsel to several collateral recovery organizations and has more than 25 years of legal experience in the self-help repossession field.

Mr. Rentea is known throughout the country as one of the foremost legal authorities on the self-help repossession process and we are truly privileged to have him represent RISC as we move forward in serving the collateral recovery industry.

Bogdan has helped design our RISC CAN (Compliant Agent Network) contract and will extensively review our Compliance and Operations Manual which includes procedures for complying with current CFPB compliance requirements and best practices. He will also review other RISC documents that are designed to assist collateral recovery agency owners in complying with contractual and legal requirements for long term success.

Joe Taylor, Vice President of RISC remembers first meeting known Bogdan Rentea in 1999. “I have listened to many of his presentations on the self-help repossession process and legal decisions attached to the process. I was also privileged to have him review the C.A.R.S. National Certification Program. Bogdan is eminently qualified to serve as legal counsel for RISC and to help RISC advocate on behalf of all industry professionals. Equally important is the privilege to know him as a friend.”

“I am well acquainted with Bogdan Rentea’s extensive knowledge and expertise in the industry and am delighted that he has agreed to serve as our outside legal counsel and look forward to a long and strong relationship” states Stamatis Ferarolis, President of RISC.

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