RISC and Hudson Cook LLP Update the CARS Program


RISC and Hudson Cook LLP Update the CARS Program

04/15/2019 – TAMPA, Fl. – Recovery Industry Services Company (RISC), through their relationship with Hudson Cook, LLP, a national consumer financial services compliance and regulatory law firm, 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 Eric Johnson, Partner with Hudson Cook.

“Our partnership with Hudson Cook means agents who invest in the CARS program are receiving the most recent and relevant training for collateral recovery,” said Stamatis Ferarolis, CEO of RISC. “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.”

“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,” said Holly Balogh, President and COO of RISC.

Johnson will continue to oversee annual updates to the CARS and CARS Continuing Education courses. To sign up for the CARS program or a new CE course, visit the RISC website at https://www.riscus.com/Education/. Remember, RISC offers a subscription monthly payment option for all education purchases.  For questions about RISC and the CARS program, contact Holly Balogh, at [email protected].


About RISC (Recovery Industry Services Company)

RISC provides services to lenders and recovery agents advocating on behalf of all professional practitioners within the industry. RISC is dedicated to the professional training and certification, vendor vetting services and comprehensive lot inspections for third-party collateral recovery vendors. For more information, visit www.riscus.com.


About Hudson Cook, LLP

Since 1997, Hudson Cook, LLP has been advising clients on state and federal consumer and commercial financial services, banking and privacy compliance, regulation, enforcement and supervision. With more than 55 attorneys in 13 offices across the country, the firm provides local, national and international clients with practical, efficient and innovative solutions. Hudson Cook has been named for the ninth consecutive year to Auto Remarketing’s The Power 300 – The Most Powerful Companies in the Pre-Owned Business and has been nationally ranked in Financial Services Regulation Law for a seventh consecutive year by U.S. News & World Report and Best Lawyers.

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