CBE Group Contributes to Innovative Strategies at ACI Conference

CBE Group (CBE), a leader in the debt collection industry, announced that its Senior Vice President and General Counsel, Michael L. Frost, will present at the ACI’s 11th National Conference on Consumer Finance Class Actions & Litigation.

The conference is scheduled for July 27 – July 28, 2011 at the Sutton Place Hotel in Chicago, Illinois. Frost will participate on a panel session entitled “Identifying and Avoiding Trouble Spots in Debt Collection & Credit Reporting & Defending against FDCPA, TCPA, FACTA, and FCRA Claims.” Co-presenters include Jennifer Cohen of LCS Receivables Management, Rik Tozzi of Burr & Forman LLP and John Lynch of Troutman Sanders LLP.

The event is designed to aid collaboration of litigation defense strategies that will help to overcome the newest obstacles in recent regulation. Attendees will have the opportunity to join consumer finance industry leaders in a think-tank environment. Together, they can help the industry build on new insight, best practices and innovative litigation defense that protects clients and consumers alike.

“New regulation was the answer to continued rise in the number of lawsuits against agencies and credit lenders,” Frost said. “Unfortunately, that combination presents new challenges for defense attorneys and in-house counsel. This session will be an excellent forum to uncover vague areas of all regulation, old and new, and working together to define ways in which we can avoid predatory law suits,” he continued.

Frost oversees CBE’s Regulatory Compliance Department and provides continual oversight, guidance, and direction regarding all legal matters arising within the company. Frost obtained a BA from the University of Northern Iowa and a Juris Doctor from Drake University Law School. He focuses his legal practice primarily in the areas of consumer collection practices and defense, contract law and employment law. Frost is an active member of the ACA International Member Attorney Program (MAP), is the Chairman of the MAP committee and Iowa Stair Chair. Frost is also the Vice President of the Iowa Association of Credit and Collection Professionals and a member of the American Bar Association, Iowa State Bar Association, Black Hawk County Bar Association and National Association of Retail Collection Attorneys. Frost is a frequent guest speaker at various debt collection conferences and meetings and also serves on the board of local non-profit organizations.

CBE will continue to announce other proactive, corporate debt collection initiatives that support the company’s mission of Defining the future of debt collection™ in the months ahead.

CBE has been in the accounts receivable management business since 1933 and currently employs nearly 1,000 people in four locations nationwide. Its corporate headquarters is located in Cedar Falls, Iowa, with additional facilities in West Des Moines, Iowa; Overland Park, Kansas; and Atlanta, Georgia. CBE was named Greater Cedar Valley Business of the Year in 2011 and one of the best places to work in the Waterloo/Cedar Falls metropolitan area the last seven years. CBE represents many of the nation’s most renowned and respected organizations in a variety of industries including healthcare, utilities, satellite, telecommunications, financial services, education and government.