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

Date:

Oct 17, 2024

Register

Live Webinar: 90 Minutes

Now what? Is this the end of the line? Can anything be done to safeguard your financial institution’s interests? This well-crafted webinar will delve into Chapters 7 and 13 bankruptcies and cover everything from compliant processes to cramdowns to exempt property to reaffirmation agreements and more.

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 Chapters 7 and 13 and will explain all of the bankruptcy processes, including exempt property, fraudulent transfers, preference payments, cramdowns, reaffirmations, and rights of setoff.

Agenda

October 17, 2024
Webinar begins - 11:00 AM EST

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Distinguish when a cramdown is permitted
  • Identify the appropriate time to repossess and foreclose on collateral
  • Determine when your institution should file a proof of claim
  • 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
Topics

TAKE-AWAY TOOLKIT:

  • Links to the United States Bankruptcy Court site to obtain forms that can be filled in online
  • 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
Speaker(s)

Elizabeth Fast
Spencer Fane LLP

Additional Information

WHO SHOULD ATTEND?

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

Fees

Live : $510.00
OnDemand: $510.00
Live + OnDemand: $750.00

Association Contact

AyZha Hazelwood, Education Meeting Coordinator
Ahazelwood@indiana.bank
317-387-9380