Navigating the Coming Wave of Bankruptcy: 5 Things You Need to Know Now

This is a morning webinar.

8:00 am – 9:30 am PT
9:00 am – 10:30 am MT
10:00 am – 11:30 am CT
11:00 am – 12:30 pm ET

You’re going to need a bigger boat! A tidal wave of bankruptcies is coming your way. With record unemployment and a fractured economy, it won’t be long before the stimulus money, modifications, forbearances, and other rescue options are exhausted. Many accountholders will be heading to the local bankruptcy attorney, and you need to be prepared for the storm.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Understand essential bankruptcy terms and concepts
• Maximize electronic resources
• Avoid automatic stay violations
• Identify relief from stay, fraud, and preference actions
• Make Meetings of Creditors more efficient using the tips and tricks provided

WEBINAR DETAILS

Don’t let low delinquency and bankruptcy numbers provide a false sense of security. This timely overview will examine five essential lessons you should learn before the bankruptcy storm hits. Don’t lose collection opportunities or fall into an experienced bankruptcy attorney’s trap.

From understanding the virtual workflow, to new ways to assess default risk and improve recovery options, to understanding your rights within bankruptcy, this informative and interactive session is overflowing with information and ideas. From best practices, to common landmines, to maximizing recovery methods, this interactive session will walk you through the complicated world of bankruptcy in an easy-to-understand (and remember) format. A former bankruptcy attorney for over 30 years, the instructor has hands-on experience representing both debtors and financial institutions. From the frontline to the collections department, your institution needs to be ready for every twist and turn a bankruptcy filing can create. It is never too late to sharpen your skills and better position your institution to maximize recoveries – as well as assist troubled borrowers who want to work with you.

Attendance certificate provided to self-report CE credits.

WHO SHOULD ATTEND?

This information-packed session is designed for executives, CFOs, lending managers, collections managers, collections staff, auditors, compliance personnel, and anyone interested in the bankruptcy process.

TAKE-AWAY TOOLKIT

• Account placement worksheet
• Bankruptcy tracking coversheets
• Meeting of Creditors checklist
• Employee training log
• Interactive quiz

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.