Credit Counseling Conference Sessions: IRS Denials and ...

Companion blog with citations: seanwmalone.blogspot.com At a time when the private sector has lost around 5 million jobs, and those still employed are accepting frozen salaries, canceled bonuses, and longer work days, jobs in the public sector are booming! Public sector unions have used their considerable political power to redirect taxpayers? money to preserve not only their jobs, but their generous salaries & benefits as well, all while providing poorer quality public services to the American people. With the gap between pay & performance widening, unnecessarily costing American taxpayers billions of their hard-earned dollars, reining in spending on public employees is crucial to America?s financial future. Many relatively simple reforms, like the elimination of fixed payouts for public sector pensions could help control these costs. So why don?t these reforms happen? The public sector unions stand in the way of changing the system. A study by the Employee Benefit Research Institute estimated that the average public sector worker earned 46% more in salary & benefits than private sector employees performing comparable work. The official unemployment rate has hovered around 10% for the last two years, and the private sector loses more jobs each month, but public sector employment has grown. The jobless rate for government workers is under 3% and their salaries continue to rise. When the movement among public-sector workers to unionize started gathering momentum in the 1950s ?

Washington, DC (PRWEB) October 24, 2005

The American Association of Debt Management Organizations (AADMO) has announced the final sessions for its Fall Conference on November 8 and 9, 2005 in Scottsdale, Arizona.

“At a time when many credit counseling agencies are facing uncertain times about proper business operations, the AADMO Fall Conference can help any agency learn the current rules of a constantly changing industry”, said Mark Guimond, Executive Director of the American Association of Debt Management Organizations (AADMO), the trade association for the credit counseling industry.

“This is the opportunity for all credit counseling agencies and those concerned with credit counseling, including bankruptcy attorneys and regulators, to learn first-hand, the challenges of the moment, the trends in law, the trends in legislation and regulation and network with their professional colleagues”, added Guimond.

Sessions and speakers at the AADMO Fall Conference are:

”The Taxable Nonprofit: The Future of Credit Counseling?” by Jeffrey Tenenbaum, Esq., Partner, Venable

“The Future of Tax-Exempt Credit Counseling” by Jeffrey Tenenbaum, Esq., Partner, Venable

”Enforcement Actions in Alabama: Could it Have Been Your Agency?” by Joseph Borg, Alabama Securities Commissioner

”Bankruptcy Reform: Opportunities & Pitfalls” by Leslie Linfield, Esq., The Institute for Financial Literacy

Mark Taylor, Arent Fox, Trustee in the Ameridebt Bankruptcy Case, speaking about “The Liquidation of Ameridebt” and the valuation and transfer of clients

Janet Smith, Vice President of Product Management and Account Support for MasterCard RPPS giving a “Credit Counseling Industry Update”

Regina Stone ? Deputy Superintendent of Banks, New York State Banking Department.

Michael Jackson – Director of Regulatory Policy, Maryland Department

of Labor, Licensing, and Regulation

Carri Grube – Program Coordinator for Consumer Credit Counseling, South Carolina Department of Consumer Affairs

Robert Charlton – Assistant Superintendent, Arizona Banking Department

Anthony Polidori – Supervising Examiner, Idaho Department of Finance, Consumer Finance Bureau

About AADMO

AADMO is the credit counseling and debt management industry’s largest trade association. It is an industry education and advocacy organization whose mission is to promote and ensure the continued operation and viability of credit counseling and debt management organizations. AADMO provides its members and the consumer public with information about the credit and debt counseling industry. AADMO members are consumer credit counseling agencies, debt management organizations, credit counselors, personal finance educators, credit and debt information educators, consumer lawyers and many others.

AADMO is the only trade association to have held state law compliance workshops with the New York State Banking Department and the California Department of Corporations upon enactment of their respective laws governing credit counseling and AADMO is the only trade association for the industry to publish a formal summary of state laws that has been reviewed by state regulators.

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Tagged as: Bankruptcy, Conference, Counseling, Credit, Denials, Future, reform, Revocations, sessions, TaxExempt

Source: http://debtadvice.only-the-news.com/credit-counseling-conference-sessions-irs-denials-and-revocations-the-future-of-tax-exempt-credit-counseling-and-credit-counseling-in-bankruptcy-reform/

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