NARCA – The National Creditors Bar Association (NARCA) is a Trade Association Dedicated to Serving Law Firms Engaged in the Practice of Creditors Rights Law

In November 1992 in New York City, 20 collection attorneys met to discuss how to develop retail collection business. They unanimously agreed that a new association should be formed to foster the idea.

At the time, nobody – including creditors – knew who the biggest law firm in each state was, or even who practiced in this field of law. NARCA saw the need to identify retail collection law firms, bind them together, and let creditors know what their members could provide to them.

Don Kramer, NARCA’s first president, rented a small space near his office in St. Louis and hired an Executive Director. Almost immediately, 740 law firms indicated they wanted to be a part of NARCA, although disputes with commercial collection agencies led to a dropout of some initial members. Almost all have now rejoined NARCA.

The first NARCA Collection Conference was held at the Riviera Hotel in Las Vegas in 1993, with 444 attendees. In addition, NARCA developed a Membership Directory for distribution among creditors. NARCA kept growing as the benefits of an association devoted to law firms that collect consumer debt became increasingly obvious.

Mission

“The National Creditors Bar Association (NARCA) is a trade association dedicated
to serving law firms engaged in the practice of creditors rights law.”

The National Creditors Bar Association Quick Overview

  • Creditors rights attorneys in over 500 law firms and other creditors rights practices.
  • Over 3,000 attorneys in 50 states, Canada, Puerto Rico and the United Kingdom
  • 95%+ of firms considered law firm small businesses under the Small Business Administration (SBA) classification 1
  • 52% of firms with 25 employees or less
  • 53% practice creditors right law in multi-state jurisdictions
  • 27% are woman- and minority-owned law firms
  • 75% are members of their State Creditor Bar Association
  • 19 creditors rights practice groups including:

Type and % of firms practicing

Commercial Collections 73% Landlord/Tenant 39%
Credit Cards 73% Liens/Mechanic’s Liens 38%
Judgment Enforcement 71% Foreclosure 34%
Auto Loan 61% Insurance Subrogation 30%
Contracts – General 58% Probate 25%
Credit Unions 60% FDCPA Defense 24%
Medical Bills 52% Utilities/Communications 22%
Repossession/Replevin 47% Government/Tax 17%
Student Loans 45% Family Support 9%
Bankruptcy 43%

In October 2015, NARCA Membership approved the passage of Bylaws to open its membership to all creditors rights attorneys and took on the organizational name – NARCA – The NATIONAL CREDITORS BAR ASSOCIATION.

For more information contact Robin Cole, Associate Executive Director. Interested in finding out more about NARCA? Join us at the Cosmopolitan Hotel, Las Vegas, NV October 26-29, 2016 for the NARCA 2016 Fall Conference. Find out more by visiting www.narca.org.

_______________________

1. SBA definition of law firm small business (Under $11 million in gross revenues)

No Author Biography has been linked to this Article.

Related Articles

July 28, 2019
IRS has begun sending letters to virtual currency owners advising them to pay back taxes, file amended returns; part of agency’s larger efforts. On July 26th, the IRS announced that it has begun sending letters to taxpayers with virtual currency transactions that potentially failed to report income and pay the resulting tax from virtual currency transactions or did not report...
March 14, 2021
By Lawrence R. Ahern III, Brown & Ahern (Nashville, TN) Exemptions are determined at the time the debtor files for bankruptcy. … This maxim is called the "snapshot" rule because the debtor's financial situation is frozen in time, as if someone had taken a snapshot of it.1 Recent Caselaw The First and Ninth Circuits On March 1, the Ninth Circuit...
Members
moran_cathy
March 6, 2022
Who knew 20 years ago how apparently hard it is to account for money paid to you? Even if accounting for money was your business? Today’s raft of mortgage accounting issues were not ones I foresaw when I became a bankruptcy lawyer.Yet every day we encounter cases where the foreclosure notice follows the “all current” filing at the close of...
Members
September 29, 2019
By Katherine B. Brewer, Esq. (Westerville, OH) One of the first things we focus on in law school (other than the Rule Against Perpetuities, which always brings back fond memories), is that our clients come first. We learn the complexities of the law, memorize rule statements, and read thousands of pages of case law in order to learn how best...
Members
ahern_larry_regular
November 6, 2022
Introduction This year sees changes in the Code and numerous new and amended Rules of BankruptcyProcedure that are to be effective December 1. The statutory amendments and the changes in therules that do not relate to cases under subchapter V of Chapter 11 are summarized below. They will be followed, by a digest of other new and amended rule and...
Members
moran_cathy
December 3, 2023
“We’re confronted with a dilemma: if we pay practitioners fairly,we price ourselves out of reach of the very individuals we hope to help.”
Members
May 31, 2020
(Reprinted with permission: https://www.dailyjournal.com/) By M. Jonathan Hayes, Resnik Hayes, Moradi LLP (Los Angeles) I met with my best friend Jim King, consumer bankruptcy attorney extraordinaire, during the Thanksgiving break in 2014, several weeks before his untimely death. We met at his office in Glendale to do his oral history. Somewhere in there I told him he could borrow my...
Members
June 23, 2019
Members of the military and their families often qualify for special tax benefits. For example, members of the armed forces don’t have to pay taxes on some types of income. In addition, special rules could lower the tax they owe or allow them more time to file and pay their federal taxes. Here are some of these special tax benefits:...
boltz
June 25, 2023
Summary: Brittner filed an adversary proceeding against Beach Anesthesia alleging violations of the automatic stay, but the bankruptcy court (affirmed by the district court) held that she had either failed to establish actual damages or to mitigate damages. The Court of Appeals held that that Brittner needed to satisfy a five-part test to establish a violation of the automatic stay:  (1) that a bankruptcy...
October 25, 2020
By Lawrence R. Ahern III, Brown & Ahern (Nashville, TN) Part V – Consumer Foreclosure Procedures (Continued) Introduction In the world of consumer bankruptcy, trustees and debtors' counsel often are uncomfortable with the rules in Article 9 of the Uniform Commercial Code (UCC). In this space, we have looked at several places where Article 9 meets the Bankruptcy Code. In...
Members

Looking to Become a Member?

ConsiderChapter13.org offers a forum to advance continuing education of consumer bankruptcy via access to insightful articles, informative webinars, and the latest industry news. Join now to benefit from expert resources and stay informed.

Webinars

These informative sessions are led by industry experts and cover a range of consumer bankruptcy topics.

Member Articles

Written by industry experts, these articles provide in-depth analysis and practical guidance on consumer bankruptcy topics.

Industry News

The Academy is the go-to source for the latest news and analysis in the Chapter 13 bankruptcy industry.

To get started, please let us know which of these best fits your current position: