Pandemic Response in the Asset Recovery Industry

“It is not a question of if but rather a question of when”

Is your asset recovery agency prepared for COVID?

FOR IMMEDIATE RELEASE

The members of the asset recovery industry must prepare for any type of disaster or Pandemic crisis which may affect the normal process of business. All members of the lending and finance industry are required by statute to have two vital documents to address these situations, a “EMERGENCY MANAGEMENT & DISASTER PLAN” and a “PANDEMIC RESPONSE and PROCEDURES POLICY”. As a “Business Associate “of these institutions and service provider your asset recovery agency must have the same documents.

The members of EAGLE GROUP XX/USA, realizing that the circumstances surrounding the spread of the coronavirus are continuing to develop each day with more cases being reported and the death toll rising. The details and threat level vary from media broadcast to media broadcast leaving many businesses in a state of fear and confusion including all sizes of asset recovery agencies.

EAGLE GROUP XX, knowing that no business can continue to operate without two critical plans has been prepared for this situation for the past two years with a Pandemic Response Policies and Procedures Program in their Operations Manual (page 392-395) as well as the Emergency Management and Disaster Plan.

To ensure that the members of Eagle Group USA are able to operate under these conditions and adhere to the creed of “ONE FOR ALL AND ALL FOR ONE” the members of Eagle Group XX are sharing their Pandemic Response Policy & Procedures with the USA members. All members of the Eagle Group will now be able to advise their clients that they have the required programs in place which will ensure continuity of their agencies and proper operation even in the face of this possible pandemic event or natural disaster as just occurred in Nashville Tennessee.

For more information regarding Eagle Group USA and their documents and Training Programs contact Ron brown on the Eagle Group 24/7 Hotline 800-411-1844 or email Rbrown@CSI-ARM.com.