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Credit Counseling Conference Sessions: IRS Denials and Revocations, the Future of Tax-Exempt Credit Counseling and Credit Counseling in Bankruptcy Ref

25 October 2005

The American Association of Debt Management Organizations (AADMO) has announced the final sessions for its Fall Conference on November 8 and 9, 2005 in Scottsdale, Arizona.

“At a time when many credit counseling agencies are facing uncertain times about proper business operations, the AADMO Fall Conference can help any agency learn the current rules of a constantly changing industry”, said Mark Guimond, Executive Director of the American Association of Debt Management Organizations (AADMO), the trade association for the credit counseling industry.

“This is the opportunity for all credit counseling agencies and those concerned with credit counseling, including bankruptcy attorneys and regulators, to learn first-hand, the challenges of the moment, the trends in law, the trends in legislation and regulation and network with their professional colleagues”, added Guimond.

Sessions and speakers at the AADMO Fall Conference are:

* ”The Taxable Nonprofit: The Future of Credit Counseling?” by Jeffrey Tenenbaum, Esq., Partner, Venable

* “The Future of Tax-Exempt Credit Counseling” by Jeffrey Tenenbaum, Esq., Partner, Venable

* ”Enforcement Actions in Alabama: Could it Have Been Your Agency?” by Joseph Borg, Alabama Securities Commissioner

* ”Bankruptcy Reform: Opportunities & Pitfalls” by Leslie Linfield, Esq., The Institute for Financial Literacy

* Mark Taylor, Arent Fox, Trustee in the Ameridebt Bankruptcy Case, speaking about “The Liquidation of Ameridebt” and the valuation and transfer of clients

* Janet Smith, Vice President of Product Management and Account Support for MasterCard RPPS giving a “Credit Counseling Industry Update”

* Regina Stone - Deputy Superintendent of Banks, New York State Banking Department.

* Michael Jackson – Director of Regulatory Policy, Maryland Department
of Labor, Licensing, and Regulation

* Carri Grube – Program Coordinator for Consumer Credit Counseling, South Carolina Department of Consumer Affairs

* Robert Charlton – Assistant Superintendent, Arizona Banking Department

* Anthony Polidori – Supervising Examiner, Idaho Department of Finance, Consumer Finance Bureau

About AADMO
AADMO is the credit counseling and debt management industry’s largest trade association. It is an industry education and advocacy organization whose mission is to promote and ensure the continued operation and viability of credit counseling and debt management organizations. AADMO provides its members and the consumer public with information about the credit and debt counseling industry. AADMO members are consumer credit counseling agencies, debt management organizations, credit counselors, personal finance educators, credit and debt information educators, consumer lawyers and many others.

AADMO is the only trade association to have held state law compliance workshops with the New York State Banking Department and the California Department of Corporations upon enactment of their respective laws governing credit counseling and AADMO is the only trade association for the industry to publish a formal summary of state laws that has been reviewed by state regulators.

Source: EMEDIAWIRE


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