12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET
Bankruptcies can be expensive and time-consuming. Do you know the dos and don’ts and your rights as a lender? Attend this webinar to get the lowdown on consumer bankruptcies, including cost-effective options to better enforce your rights.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
- Determine when to file a proof of claim
- Identify the appropriate time to repossess and foreclose on collateral
- Know when a cramdown is permitted
- Properly complete a reaffirmation agreement
- Understand what can be done after the debtor is discharged
- Ascertain when debtor can voluntarily agree to pay their lenders
The number of consumer bankruptcies continues to increase. For a lender, the consumer bankruptcy process is complicated, time-consuming, and expensive. Many lenders waste time and money handling bankruptcies because they don’t understand the available options. This webinar will explain the actions that must be taken to protect your financial institution’s interests, and the actions that are prohibited. You’ll also learn cost-effective options to better enforce your rights in consumer bankruptcies. Although this program will focus on the basics, it will also address more advanced bankruptcy concepts such as fraudulent transfers, preference payments, cramdowns, and reaffirmation agreements.
Attendance certificate provided to self-report CE credits.
WHO SHOULD ATTEND?
This informative session will benefit loan officers, loan operations personnel, credit administration staff, collectors, attorneys, managers, and others involved in the bankruptcy process.
- Links to the U.S. Bankruptcy Court site to obtain online forms
- Employee training log
- Interactive quiz
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NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.