Collector - February 2020 - 6

INDUSTRYNEWS

ACA NEWS

Matching Funds Program
to Offset Members' Costs
of Fighting Unmerited Lawsuits

F

ighting frivolous lawsuits is a timeconsuming, expensive challenge many
ACA International members face as
they continue to await clarity on rules and
policies from various government agencies,
including the Consumer Financial Protection
Bureau. In response to member requests for
support in addressing these legal challenges,
the ACA International Board of Directors
approved an additional use of the Industry
Advancement Fund (IAF) to defray defense
costs of member applicants by matching up
to $10,000 for members that have incurred
and spent an equal amount in legal fees and
associated costs in a case.
The Matching Funds Program will provide
an exclusive opportunity for more ACA

6

members, including smaller companies, to
benefit from the highly successful Industry
Advancement Program (IAP) by receiving
a distribution from the IAF to defray the
cost of litigation. The program provides
an avenue for financial support in lawsuits
that may not have nationwide impact but
are nevertheless significant to the member.
Successful applicants will receive a dollarfor-dollar match up to the $10,000 cap for
out-of-pocket expenses, not to include any
amounts covered by the member applicant's
insurance policy.
We expect this program will allow more
members to respond to consumers and
consumer lawyers in cases that may not have
qualified for IAP funding as they were not

considered industry-significant or potentially
resulting in precedent-setting decisions.
ACA launched the IAP in 2013 as the
first and only long-term, advocacy-focused
initiative dedicated to strategically taking
on legal battles that threaten the accounts
receivable management industry's ability
to survive and thrive. Since then, ACA has
led the charge to combat encroachments
against the industry through groundbreaking litigation and advocacy in the
regulatory and legislative arenas on behalf
of our members.
ACA is now accepting applications for
the Matching Funds Program. To learn
more, visit www.acainternational.org/
industry-advancement-program.

ACAINTERNATIONAL.ORG


https://www.acainternational.org/industry-advancement-program https://www.acainternational.org/industry-advancement-program http://www.ACAINTERNATIONAL.ORG

Collector - February 2020

Table of Contents for the Digital Edition of Collector - February 2020

Presidents Page
Industry News
Best Practices
FYI
Collection Tips
Overlapping Responsibilities?
Taking on Tax Time
Making Connections in D.C.
Calendar
Honor Roll
Education Spotlight
Creative Solutions
Ask the Experts: Reaching Out
Legal Liability & the FDCPA
Advocacy and Parenthood: Not So Different
Your Opinion Matters
Beyond the Boundary of the Law
ACA SearchPoint
Membership
Ad Index
Last Word
Collector - February 2020 - Cover1
Collector - February 2020 - Cover2
Collector - February 2020 - 1
Collector - February 2020 - 2
Collector - February 2020 - 3
Collector - February 2020 - 4
Collector - February 2020 - Presidents Page
Collector - February 2020 - Industry News
Collector - February 2020 - 7
Collector - February 2020 - 8
Collector - February 2020 - 9
Collector - February 2020 - 10
Collector - February 2020 - 11
Collector - February 2020 - Best Practices
Collector - February 2020 - 13
Collector - February 2020 - FYI
Collector - February 2020 - 15
Collector - February 2020 - Collection Tips
Collector - February 2020 - 17
Collector - February 2020 - Overlapping Responsibilities?
Collector - February 2020 - 19
Collector - February 2020 - 20
Collector - February 2020 - 21
Collector - February 2020 - Taking on Tax Time
Collector - February 2020 - 23
Collector - February 2020 - 24
Collector - February 2020 - 25
Collector - February 2020 - Making Connections in D.C.
Collector - February 2020 - 27
Collector - February 2020 - 28
Collector - February 2020 - 29
Collector - February 2020 - 30
Collector - February 2020 - 31
Collector - February 2020 - Calendar
Collector - February 2020 - Honor Roll
Collector - February 2020 - Education Spotlight
Collector - February 2020 - 35
Collector - February 2020 - Creative Solutions
Collector - February 2020 - 37
Collector - February 2020 - Ask the Experts: Reaching Out
Collector - February 2020 - 39
Collector - February 2020 - Legal Liability & the FDCPA
Collector - February 2020 - 41
Collector - February 2020 - Advocacy and Parenthood: Not So Different
Collector - February 2020 - 43
Collector - February 2020 - Your Opinion Matters
Collector - February 2020 - 45
Collector - February 2020 - Beyond the Boundary of the Law
Collector - February 2020 - 47
Collector - February 2020 - ACA SearchPoint
Collector - February 2020 - 49
Collector - February 2020 - Membership
Collector - February 2020 - Ad Index
Collector - February 2020 - Last Word
Collector - February 2020 - Cover3
Collector - February 2020 - Cover4
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