MILLENNIUM CAPITAL AND RECOVERY CORPORATION® APPOINTS GENERAL COUNSEL AND CHIEF COMPLIANCE OFFICER

HUDSON, OHIO, January 29, 2014 -- Millennium Capital and Recovery Corporation® (Millennium), a leading provider of nationwide recovery management services, is pleased to announce the addition of Daniel E. Clevenger as General Counsel and Chief Compliance Officer. Mr. Clevenger will lead the company’s in-house legal and compliance activities.

This addition strengthens Millennium’s already established compliance monitoring process and enables the company to provide additional resources and training to their independent agent network. Mr. Clevenger will also serve as a liaison with Millennium’s customers to provide guidance and assistance in the implementation of new consumer financial protection laws and regulations.

“This is a critical time in the rigorously regulated consumer finance industry requiring an in-depth understanding of compliance with applicable local, state and federal laws and regulations. Mr. Clevenger’s experience in implementing and monitoring compliance requirements and guidelines will be an invaluable resource to our customers. In the past, we have relied upon outside legal counsel for such requirements of which Mr. Clevenger was involved,” stated Millennium’s President Jayne R. Bronchetti.

“Dan’s expertise and knowledge of our business as well as the consumer regulations governing the consumer finance lending industry will help provide greater assurance to our customers of our commitment to being the premier third-party service provider in our industry,” Bronchetti added.

Mr. Clevenger has been in private practice for the past fifteen years and was a Partner with the law firm of Day Ketterer, Ltd. During his career, he specialized in the areas of litigation, business law, and more recently worked as outside general counsel for regional mid-sized businesses providing legal guidance in corporate governance, compliance, acquisitions, employment matters and contract negotiations. Mr. Clevenger received his Bachelor's degree in 1995 and his Juris Doctorate in 1998 from The University of Akron School of Law.

About Millennium Capital and Recovery Corporation® (MCRC)
Millennium Capital and Recovery Corporation was founded in 1999, and is a leader in the recovery management industry serving consumer lenders on a national basis. The Company provides a full-range of services that includes nationwide repossession management, skip tracing, impound negotiation, transportation and remarketing. Millennium is a Women’s Business Enterprise (WBE) and achieved the Service Organization Controls (SOC 2) Type 2 Internal Audit certification for the second consecutive year. Headquartered in Hudson, OH, a suburb of Cleveland, Millennium is a privately-held company. For more information, visit www.mcrc.biz or call (877) 500-6272.

 

Featured Article

Millennium Capital and Recovery Corporation® The Only National
Recovery Firm with a CCCCP Certified Staff Member


Millennium's Director of Compliance & Technology Geoff Pope is the Company's 2nd
staff memb Read more...

Testimonials

I just wanted to say thanks again for all of your help. We really appreciate what you do for us. Read more
Sign Up for Our Newsletter
Enter email address
Member of AICPA