Advanced Collection Concepts

There is a big storm brewing on the lending horizon. Over $1.5 trillion is now owed in student loans and credit card debt has crossed $1 trillion! Add to that dramatically higher auto and credit card delinquencies and a shaky recovery and there are clear signs of a big problem. There was once a time when the collections function was one of the most underappreciated areas. That time is over! The current economic environment is having a negative impact on many of your borrowers, and you need to be ready to secure payment arrangements and avoid landmines along the way. Join veteran collections attorney David Reed as he goes beyond the basics and reveals lessons learned from over 30 years of collections and management experience.