TASC Board Members to Discuss Debt Settlement at Financial Services Collections & Credit Risk Conference

(MADISON, Wis.)—The Association of Settlement Companies today announced three of its board of directors will lead a four-part workshop on debt settlement at the Source Media Financial Services Collections & Credit Risk Conference, held Oct. 18-20 at Caesars Palace in Las Vegas.

Vice President Dave Leuthold, Legislative Director Wesley Young and Executive Board Member Teresa Schumann-Dodson will present on Sunday “Understanding the Debt Settlement Industry and Leveraging Debt Settlement Accounts to Increase Recoveries in a Distressed Economy,” split up as follows:

• Schumann-Dodson will give an overview on the debt settlement industry in part one;
• Leuthold will explain how TASC is working to protect consumers through self-regulation and governance of debt settlement companies in part two; 
• Young will provide a state and federal legislative update in part three; and 
• All three will be joined by four others to discuss leveraging debt settlement as a recovery channel in part four.
• “We’re looking forward to explaining how debt settlement remains not only a reliable option for consumers in debt, but also for creditors as well,” Leuthold said. “For example, our industry returned $2.2 billion last year to creditors.”

More information on the conference, which is put on by Source Media, can be found at http://www.sourcemediaconferences.com/FSCC09/index.html.

About The Association of Settlement Companies
The Association of Settlement Companies (TASC) promotes fair business practices, consumer protection and industry standards for the debt settlement industry. TASC, founded in 2005, serves to protect consumers through an organization seal that represents best practices and standards of reputable companies. The organization also protects its member companies through lobbying efforts at the state and national levels, as well as awareness initiatives to educate consumers on debt settlement as a financial solution. All TASC member companies pledge compliance to strict association bylaws governing business practices and ethics. For more information, visit www.tascsite.org.