Your Consumer Borrower Filed Bankruptcy, Now What? Chapters 7 & 13
On-Demand Webinar
StreamedSep 14, 2023Duration90 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
Broke? Uncommunicative? Seemingly out of options?
Is
bankruptcy the end of the line for your borrower? Can anything be done to
protect your financial institution’s interests? You must act fast to protect
your bank’s options and security interests. Learn the actions and alternatives
all lenders should know.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Determine when your institution should file a proof of claim
- 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 your institution can do after the debtor is discharged
- Determine 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 they don’t understand the rules. This
webinar will explain the actions that must be taken to protect your financial
institution’s interests in each bankruptcy situation. It will cover both Chapter 7 and Chapter 13
bankruptcies and will explain all of the bankruptcy processes, including exempt
property, fraudulent transfers, preference payments, cramdowns, reaffirmations,
and rights of setoff.
WHO SHOULD ATTEND?
This
informative session will be useful to loan officers, loan operations personnel,
credit administration personnel, collectors, attorneys, managers, and others
involved in the bankruptcy process.
TAKE-AWAY TOOLKIT
- Website links to the United States Bankruptcy Court to obtain 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.
TESTIMONIALS
"Clear and Concise. Answered all the questions that I posed."
- Cortney, Gerber State Bank
"The webinar answered our questions on what our role, as a creditor is, in different scenarios."
- Audrey, Grundy Bank
Presented By
Spencer Fane LLP
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