ARA and AFA Unite for Historic Collaboration for the Repossession Industry

American Recovery Association and Allied Finance Adjusters Conference Inc. Announce Historic Collaboration to Strengthen Industry

FOR IMMEDIATE RELEASE

Denver, CO – September 18, 2024 – In a significant step toward uniting industry leaders and fostering collaboration, the American Recovery Association (ARA) and the Allied Finance Adjusters (AFA) are pleased to announce a new collaboration aimed at addressing key industry challenges together. This historic move marks a shift toward greater cooperation between the two organizations, which have traditionally operated unconnectedly.

ARA and AFA Unite for Historic Collaboration for the Repossession Industry — L-R – Kayihan Seran, George Badeen, Marcelle Eagley, Vaugh Clemmons

At an in-person meeting between ARA President Vaughn Clemmons and AFA President George Badeen, along with Marcelle Eagley, ARA Vice President, and Kayihan Seran, AFA 1^st Vice President, a shared commitment to improving the industry’s future was reinforced. Both associations recognized the growing need for unity in addressing common challenges, ranging from regulatory changes to industry sustainability, with the ultimate goal of better serving their memberships.

“This collaboration represents a new season for both organizations,” said Vaughn Clemmons, President of ARA. “Today marks a historic moment where two great repossession associations stand united, not to lose our individuality, but to collaborate for the betterment of our members and the industry. Our collective power will shape a stronger, more resilient future for all. Our members deserve an industry that is not constantly driven by competition, but united by a common goal of progress and innovation.”

The two associations are committed to fostering open communication, mutual respect, and collaboration on key initiatives, including legislative advocacy and educational programs, exploring new ways to support their memberships and addressing the pressing issues facing the industry.

ARA and AFA Unite for Historic Collaboration for the Repossession Industry “In the past we have tried to do things together and had very little success. At this time, we feel the need for a strong, united voice to put things forward in today’s repossession market.” said George Badeen, President of AFA. “Allied has shared with other groups and has opened our online training to all at no cost. Our annual meetings have been joint with other groups, and this collaboration has yielded a lot of success. We are excited about this collaboration with ARA as this will strengthen and create a united repossession industry. Most significantly each group with their own successes, will keep their autonomy.”

As part of this collaboration, ARA and AFA will jointly pursue initiatives that promote industry growth, innovation, and educational webinars, and shared resources for members.

None of this would have been possible without the tireless efforts of Kayihan Seran the 1st VP for AFA. Kayihan was responsible for orchestrating this historical meeting between these two associations, and both Vaughn and George as well as the entire sector, are eternally grateful for his vision, sacrifice, leadership, and love for our industry.

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About American Recovery Association
The American Recovery Association (ARA) is a national leader in the recovery industry, dedicated to setting the highest standards of professionalism and ethics. With a focus on education, advocacy, and innovation, ARA works to support its members and enhance the industry as a whole.

About Allied Finance Adjusters Conference Inc.
The Allied Finance Adjusters (AFA) represents a diverse group of professionals within the financial services and recovery industries. AFA is the oldest national trade association of repossessors, founded in 1936. Committed to promoting industry best practices, AFA provides its members with valuable resources, networking opportunities, and advocacy at both state and national levels.