Chapter 7 & 13 Consumer Bankruptcies: Special Rules, Cramdowns & Risks

Collections Frontline & New Accounts Lending

On-Demand Webinar

StreamedOct 4, 2022Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Is bankruptcy the end of the line?

Can anything be done to protect your financial institution’s interests? Join us to learn all the special processes lenders can use to preserve their interests in consumer bankruptcies.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Determine when a proof of claim should be filed
Understand the appropriate time to repossess and foreclose on collateral
Distinguish when a cramdown is permitted
Explain how to properly complete a reaffirmation agreement
Understand what can be done after the debtor is discharged
Identify when the debtor can voluntarily agree to pay the lender

WEBINAR DETAILS

The consumer bankruptcy process is complicated, time-consuming, and expensive. Many lenders waste time and money handling bankruptcies because the bankruptcy rules aren’t clearly understood. This webinar will explain the actions required to protect your financial institution’s interests in each bankruptcy situation. It will cover both Chapter 7 and Chapter 13 bankruptcies and explain all the processes, including exempt property, fraudulent transfers, preference payments, cramdowns, reaffirmations, and rights of setoff.

WHO SHOULD ATTEND?

This informative session will benefit loan officers, loan operations personnel, credit administration personnel, collectors, attorneys, managers, and others involved in the bankruptcy process.

TAKE-AWAY TOOLKIT

Links to the U.S. Bankruptcy Court to obtain fillable online forms
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

NOTE: All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your institution is prohibited. Print materials may be copied for eligible participants only.

Presented By

Elizabeth Fast