In Communication - Second Quarter 2016
Giving Back to Our Community
by Keanna Ringer
Stoneleigh Recovery Associates, LLC (SRA) is committed to giving back to our surrounding community. The health of our company is directly linked to the health of our Community — and we seek to be involved, give back and improve it. Our efforts ultimately improve our business, employees, and community relationships.
CASUAL CHARITY THURSDAYS
Each month, SRA donates to a different non-profit organization selected by our own employees based on issues that matter and affect them personally. SRA’s Charity Thursdays began in March of 2016 and will continue throughout the upcoming years. On Thursdays of each month, employees who donate a minimum of $1 ($2 for managers) can dress in casual attire despite the dress code. SRA has committed to match the employee’s donations. During the month of March all donations went to Bridge Communities, Inc. an organization that serves homeless families in DuPage County, the county where SRA is located.
This past April we collected for the Greater Chicago Food Depository a nonprofit food distribution center that provides food to hungry Chicago area people, while focusing on ending hunger.
Some of the other organizations SRA has chosen include, the American Red Cross, the Prostate Cancer Foundation, Save the Children, the Susan G. Komen Foundation, Toys for Tots and the West Suburban Humane Society.
A Penny is Valuable
If you would like to participate or suggest a particular non-profit Organization, please contact program coordinator Keanna Ringer (email@example.com).
Collecting Our Thoughts
SRA Welcomes Matthew Ales
Stoneleigh Recovery Associates is proud to announce that Matthew Ales has joined our team as the new Senior Vice President of Sales & Business Development.
Matthew comes to SRA from the healthcare industry where he has over fifteen years as a top producing sales and managing expert. Matthew worked with healthcare facilities, regional health care systems, continuing care retirement communities and executive hospital leadership to provide financial savings, program standardization, and innovative management.
Matthew will continue to develop our sales and marketing foundation as well as enhance the client services experience. His winning attitude and personality are assets that will complement and enhance our ability to provide top-notch, innovative services to the marketplace.
Outside of the office, Matthew is a recognized youth futsal and soccer coach having recently been named the USA Futsal SUB 10 Boys National Team Coach.
We are thrilled to have him join the Stoneleigh team.
Matthew can be reached at: firstname.lastname@example.org.
Montana Consumer Loan License Required?
The Montana Division of Banking and Financial Institutions issued a memorandum on February 23, 2016 clarifying its interpretation of the Montana Consumer Loan Act (Act). Mont. Code Ann. § 32-5-101 et seq (2015). The memo concluded that anyone servicing a Montana Consumer Loan should obtain a Montana Consumer Loan License. This would include “entities who receive or accept payments due pursuant to a Montana Consumer Loan and either keep the payments or direct them to another entity.”
The Montana Consumer Loan Act exempts regulated lenders to whom the interest rate limitation exemption in Montana Code section 31-1-112 applies. Regulated lenders include: a bank, credit union, credit association, residential mortgage lender licensee, bank holding company, among others. Mont. Code Ann. § 31-1-111 (2015).
A staff attorney at the division told our Director of Compliance, Nikki Noyes, that auto lenders, like Santandar, and their servicers would require a license pursuant to the Act.
If this Act requires you to be licensed please let us know — if you are required to be licensed, we are required to be licensed to collect on your behalf.
If you have any questions please contact us at : email@example.com.
On June 14, 2016, SRA General Counsel and Chief Compliance Officer Kelly Knepper-Stephens will give a live webinar for Lorman entitled “All You Need to Know About the Fair Debt Collection
Practices Act but Didn’t Know to Ask.” This one-hour webinar, presented with Ethan Ostroff from Troutman Sanders, will be a crash course in the FDCPA for industry newcomers. The recording of Kelly’s Lorman webinar “Maintain TCPA Compliance—Understand What HIPAA Constitutes as a Health Care Message” is now available at:
http://www.lorman.com/bookstore/397459EAU?discount_code=X8917522&p=13389. When registering for either use priority code 15999 or discount code X8917522.
Kelly is speaking twice on June 18, 2016 at the ACA Annual Convention in Denver. She will present with on panel at 10:15 AM in a session entitled “Protect Your Assets! Four Things you Need to Know for Call Center Compliance.” Kelly will also speak on “Attorney Ethics for Debt Collection Practitioners and Their Defenders” with David Kaminski of Carlson & Messer as part of the Member Attorney Program.
Kelly can be reached at: firstname.lastname@example.org.
In Communication – ISSUE 2