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Home Compliance

California Seeks New Members for Debt Collection Committee

mikegibb by mikegibb
January 26, 2023
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California’s Department of Financial Protection & Innovation is seeking candidates to serve on its Debt Collection Advisory Committee.

Seven members were selected back in 2021 to server two-year terms and those terms are about to expire. The DFPI is looking for individuals who can serve a two-year term from 2023 to 2025.

At least of one the seven members must be from a group or organization that represents consumers. This is a volunteer position — nobody gets paid to participate.

Interested candidates should either provide a statement detailing their qualifications or fill out this form. If a candidate opts not to submit the form and wants to provide a statement of his/her own, the statement should include:

  • Name, Title, Address, Phone and Email.
  • Background and areas/years of expertise.
  • Experience with state or national trade associations or policy discussions regarding debt collection issues.
  • Any certifications, or membership in state or national trade associations, held by the applicant or the applicant’s business.

The current members of the committee are:

  • Elizabeth Gonzalez, Public Law Center
  • Scott Hyman, Severson & Werson
  • Mark Naiman, Absolute Resolutions Corporation
  • Cindy Yaklin, States Recovery Systems Inc.
  • Tamar Yudenfreund, Midland Credit Management
  • Ohad Samet, TrueAccord Corporation
  • Prasad Krishnamurthy, UC Berkeley School of Law

Among the current priorities of the committee are helping the DFPI build and launch a licensing program for collectors in California.

When the DFPI launched the Debt Collection Advisory Committee back in 2021, it included the following requirements:

  • Location within California; geographic representation preferred.
  • Small and large agencies.
  • Owner, corporate officer or senior-level employees of debt collector licensees or applicants.
  • Representation of different industry segments required to be licensed, including:
    • Third-party collection agencies
    • Debt buying companies (preference for Receivables Management Certification Program)
    • Collection law firms
  • Leadership in the industry through participation in state and national trade associations.
  • Direct experience working with clients, consumers, auditors and licensing.
  • Experience with types of debt collection, including financial, educational, medical, retail, municipal, others.
  • Diversity of backgrounds and experiences.

Interested applicants should email the form or their statement to Ryan.Rodriguez@dfpi.ca.gov

 by no later than February 23.

Related

Tags: Debt Collection Advisory CommitteeDFPI
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