In 2002, Ed Marcum asked the Board of Directors of Recovery Specialist Insurance Group to donate the funds to open a bank account at The Fauquier Bank to establish the Recovery Agents Benefit Fund (RABF) and later started the lengthy process of becoming a non-profit.

Since that time we have made distributions to 20 families who called on the fund because of falling on exceptionally hard times due to debilitating injury, illness or death. This includes times when the fund was called upon because families did not have the money required to pay the expenses to complete their loved one's burial.

RABF is available to anyone in the industry regardless of their trade group affiliation or insurance provider, whether they are an owner or an employee. Requests for disbursements are reviewed on a case by case basis.

Accounting services for the RABF are donated by an independent certified public accountant; and no one involved with the fund draws any sort of financial compensation for their time and efforts.

 

Congratulations to Kevin Camping from Phoenix Arizona!

Kevin won the Dynamic Slide-In Unit donated to the Recovery Agents Benefit Fund by Anthony Gentile of Dynamic Manufacturing in Chesapeake, VA. Ticket sales were held at industry meetings throughout the year and the winner was drawn at the CALR Convention held at the Knott’s Berry Farm Hotel late last month. Through Dynamic’s generous donation of the Slide-In unit, over $20,000 was raised for the RABF from raffle ticket sales!

Over 1100 tickets were sold and the proceeds go directly to the RABF, a non-profit charitable organization established to assist full time repossessors and their dependents in times of catastrophic loss. Since its inception in 2003, the RABF has assisted over 35 families, disbursing over $180,000 in donated funds.

The RABF would like to thank Anthony Gentile of Dynamic for his continued support and generous donation of the Slide-In Unit for the annual raffle, Mike Reiter of HAR Wrecker Sales for his yearlong fundraising efforts and the members of the RABF Advisory Committee, Jaime Blackburn of FLACARS, Tim Collins of NFA, Jim Hall of ARA, Jeff Ramirez of CALR, Carl Purvis of Allied Finance Adjusters, Mike Howk of RSIG, Michael Simpson of RMRA and Patrick Altes of TFA for their participation in the fund and their continued support.

This fund was established to help the men and women of the repossession industry and their families in times of loss, but we can’t do it without your continued help and support. Remember all donations are tax deductible and every dime and dollar counts. If you would like to make a contribution to the fund, you can mail your check to PO Box 4102, Manassas, VA 20108 or you can make a donation online at by clicking here.

Thank you and Congratulations again to Kevin!