DBA International Installs New President, Elects Other Officers

DBA International elected Kaye Dreifuerst as president during the association’s 18th Annual Conference. Dreifuerst begins her term on the heels of a very successful conference where the overall mood in the industry appeared to be shifting to a more balanced and optimistic view of the future.

An industry veteran with over 20 years’ experience in the collection and debt purchasing industry, Dreifuerst began her debt purchasing/selling career on the issuer side where she was responsible for Asset Sales and Collection Operations. She moved to the debt purchasing side in 2002 and is currently President of Security Credit Services based in Oxford, MS where she oversees’ acquisitions and the collection operation. She also plays a key role in establishing alternative capital sources which has significantly improved the profitability of the company.

According to Executive Director Jan Stieger, in addition to her vast industry expertise, Dreifuerst has provided valuable service to the industry, serving on the board of directors since 2009 and working on myriad committees over the years.

“Dreifuerst has recently co-chaired both the federal and state legislative committees where she has advocated for uniform, consumer-oriented, best practices that are transforming the collections industry,” said Stieger. “Assisting her company in achieving their Certified Professional Receivables Company (CPRC) designation, Dreifuerst appreciates DBA International’s responsibility for ensuring that debt buying companies large and small are abreast of laws and regulations and contribute to the discussion on new public policy.”

Other officers elected at the conference include:

• President Elect – Trish Baxter, Recovery Management Systems Corp.
• Treasurer – Irwin Kirschenbaum, KMT Group, LLC
• Secretary –Todd Lansky, Resurgence Capital, LLC
• Past President – Bryan Faliero, Sherman Financial Group
• Director – Brian Fair, Fair Resolutions, Inc.
• Director – Marian Sangalang, The Bureaus, Inc.
• Director – Phil Stenger, Capital Alliance Financial, LLC

Additionally, two will continue as Board Directors: Mark Naiman, Absolute Resolutions Corp., and David Paris, Velocity Portfolio Group.

Recognizing the value that debt buying companies play in restoring economic stability and viability, Dreifuerst takes the helm whilst the receivables management industry is continuing to work with industry leaders and regulators to establish uniform standards, while raising the level of professionalism and consumer protection.

“Attending the annual conference I was able to notice the shift in overall mood as members are exploring new markets and opportunities, whilst maintaining their commitment to treating all customers with respect,” said Dreifuerst. “As demonstrated by the upcoming DBA International Symposium in New York City, it’s nice to have a respected voice at the table and see the regulatory community actively work with our industry to ensure we all understand the intent and implementation of new rules and regulations.”

DBA International (DBA) is the nonprofit trade association that represents the interests of more than 550 companies that purchase performing and nonperforming receivables on the secondary market. DBA’s Receivables Management Certification Program and its Code of Ethics set the “gold standard” within the receivables industry due to its rigorous uniform industry standards of best practice which focus on the protection of the consumer. DBA provides its members with extensive networking, educational, and business development opportunities in asset classes that span numerous industries. DBA continually sets the standard in the receivables management industry through its highly effective grassroots advocacy, conferences, committees, taskforces, publications, webinars, teleconferences, and breaking news alerts. Founded in 1997, DBA International is headquartered in Sacramento, California.