Lonnie Ledford

Past

• Director of Portfolio Servicing and Litigation at MeriCap Credit Corp.
• Director at The Cobalt Agency
• Asset and Remarketing Manager at Cash Recovery LLC

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Education

• Knox College
• Rock Island High School
• Audubon Elementary

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Recommended

12 people have recommended Lonnie

Connections

500+ connections

Industry

Transportation/Trucking/Railroad

Lonnie Ledford’s Summary

• Former U.S. Army Officer • Licensed Insurance Agent • Customer Care and Bankruptcy Litigation Manager • Collections, Loss Mitigation and Asset Remarketing Specialist

Lonnie Ledford’s Specialties:

• MS Office
• Credit Risk
• Skip Tracing
• Credit Scoring
• Credit Analysis
• Financial Reporting
• Sales and Marketing
• Developing Credit Policy
• D&B and Equifax Reporting
• Account Receivable Processes
• Bankruptcy Law and Legal Collections
• Illinois Licensed Insurance Agent (P&C)
• Risk Management and Credit Underwriting
• Commercial Debt Collections and Asset Remarketing

Lonnie Ledford’s Experience

• Director of Portfolio Servicing and Litigation

  MeriCap Credit Corp.

  (Financial Services industry)

  June 2008 — August 2009 (1 year 3 months)

  1. Director of asset appraisal and remarketing of non-performing receivables and equipment.
  2. Sold above given metrics and liquated over $2MM of underperforming assets.
  3. Lead legal collection efforts to include bankruptcy accounts and filing proofs of claim, reaffirmation agreements and motions for relief from stay.
  4. Sourced feedback and direction to the credit department and sales force on equipment valuation and sales.
  5. Developed and maintained a successful, weekly email marketing campaign to over 3,000 industry buyers.
  6. Served as administrator and creative force of the inventory and remarketing web site.
  7. Analyzed market trends and piloted advertising efforts in industry periodicals.
  8. Supervised and trained collections team on bankruptcy matters.

• Director

  The Cobalt Agency

  (Insurance industry)

  February 2006 — May 2008 (2 years 4 months)

  Director, Insurance Services
  
  1. Managed agency staff while being the single Producer of all insurance sold.
  2. Sold over $500,000 in premiums within first year.
  3. Reduced operating expenses by 50% through automation and productivity enhancements.
  4. Increased book of business by being licensed in 21 states.

• Asset and Remarketing Manager

  Cash Recovery LLC

  (Financial Services industry)

  September 2003 — January 2006 (2 years 5 months)

  1. Sold over $1.5MM dollars in inventory in first two years.
  2. Developed national buyer database for remarketing of repossessed assets.
  3. Managed record keeping, trust, and administrative services for large corporate banking entity.
  4. Master skip tracer and collections specialist.

Lonnie Ledford’s Education

• Knox College

  B.A. , Political Science , 1986 — 1990

  Colors: Purple and Gold
  Go Siwash!

  Activities and Societies:

  Secretary of State Summer Intern, Administrative Affairs, for Secretary of State Jim Edgar
  Student Senate
  Sigma Nu Fraternity

• Rock Island High School

  Diploma , General , 1982 — 1986

  Quad-City / Quad-Cities Native

  Activities and Societies:

  Colors: Red and Gold

• Audubon Elementary

  Home: 1715 24th 1/2 Street

  Activities and Societies:

  Colors: Blue and Gold

Additional Information

Lonnie Ledford’s Interests:

Bears Football, Cubs Baseball, Softball, Beach Volleyball, Flag Football and Umpiring, Volunteer Catechist. KEYWORDS: Insurance, Commercial Debt Collections, Asset Remarketing, Fleets, Republican, Chicago, Illinois, Conservative, Catholic, Amateur Athlete, Tampa, Florida, Commercial Truck Financing, Big Rig, Owner-Operator, Trucker, O/O, Progressive, Physical Damage, NonTrucking Liability, PD, NTL, Cargo, Occupational Accident, Occ/Acc, Veteran, Army, ADA, Ft. Bliss, El Paso, P&C Commercial Insurance, Transportation, Trucking, JDRF, USAA, Monitor, ELFA, Equipment Leasing, Risk and Collection Management, Portfolio, Credit Underwriting, Bankruptcy, Operations, Remarketing Manager, Credit, Portfolio Servicing, Commercial Loans, Vendor Management, Asset Management. Workout, Risk, Debt, Director, Manager, Archdiocese of St. Petersburg, VIRTUS, Risk, Valrico, Suncoast Softball, 1st Guard, Fleets, Terminals, Otters.

Lonnie Ledford’s Groups:

Catholic Church, PIIAI, Independent Insurance Agent, Citizens For Growth, F&I Association, Used Truck Association, ELFA, NRA, Republican Party.

•    Dale Carnegie Global Graduates
•    Private Equity and Venture Capital Group
•    Credit and Collections
•    Asset Finance Group
•    Finance & Accounting Professionals
•    US Army
•    Tampa Bay Accounting & Finance Professionals
•    Army Veterans
•    U.S. Army
•    US Military Veterans Network
•    Credit Management Group
•    Banking Connects
•    Chicago Bears NFL Group
•    Professional Collectors Network
•    Leasing&Finance
•    Finance Industry Professionals Worldwide
•    U.S. Veteran
•    Republican Party
•    Catholic Professionals
•    Equipment Leasing & Finance Association
•    Commercial Finance Professionals
•    The Logistics Community
•    9/11 - Never Forget
•    Credit Risk Managers
•    Credit and Collections Professionals
•    Commercial Equipment Leasing
•    Linkin Transportation Professionals
•    A Truckload, Trucking, Logistics, Supply Chain, 3PL, Distribution group.
•    The Heritage Foundation
•    Skip Tracing Professionals
•    Knox College Alumni
•    workintransport.com
•    Transportation Professionals Network
•    Catholic Business League
•    Glam Slam Fam
•    Financial Services Career Center™
•    Transportation Insurance Forum
•    Transport Industry Job Finder
•    Credit & Collections Community
•    Credit Collections & Risk World
•    Truckload Shippers Group
•    Commercial Finance Network
•    TIPS (Transportation Inspired Professionals)
•    Trucker Buddy Nation
•    Healthy Trucking Association of America
•    Tampa Networking Group
•    Job Openings, Job Leads and Job Connections!
•    Motor Carrier Safety Group
•    Finance and Accounting: Networking, Forum and Jobs

Lonnie Ledford’s Honors:

Elected to ELFA Small Ticket Committee for two year term
Dale Carnegie Public Speaking and Personal Relations Graduate
Army Commendation Medal
Army Achievement Medal
Army Service Award
Small Arms Marksmanship Ribbon
National Defense Medal
Top Secret Security Clearance

Lonnie Ledford’s Contact Settings

Interested In:

• career opportunities
• consulting offers
• job inquiries
• expertise requests
• reference requests
• getting back in touch