Consumer Bankruptcy - Chapters 7 & 13: Special Rules, Cramdowns & Risks

Date:

Oct 2, 2025

Register

Broke? Uncommunicative? Seemingly out of options?

Is bankruptcy the end of the line for your borrower? Can anything be salvaged? You must act fast to protect your financial institution’s options and interests. Learn the available actions and alternatives during this well-crafted webinar.

Agenda

October 2, 2025
11:00am - 12:30pm EST

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 the processes, including exempt property, fraudulent transfers, preference payments, cramdowns, and reaffirmations. It will also address lenders’ rights, key deadlines, and compliance obligations. This webinar will give you the practical tools and insights needed to navigate the bankruptcy process with confidence.

Topics

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Distinguish between Chapter 7 and Chapter 13 bankruptcies
  • Understand the timelines for repossessing and foreclosing on collateral
  • Determine when, why, and how your institution should file a proof of claim
  • Properly complete a reaffirmation agreement
  • Distinguish when a cramdown is permitted
  • Explain what can be done after the debtor is discharged
  • Determine when the debtor can voluntarily agree to pay the lender
Speaker(s)

Shelli Clarkston
Spencer Fane LLP

Shelli Clarkston is an attorney with Spencer Fane LLP where she provides financial institutions with proactive legal counsel on regulatory and compliance matters. She received her law degrees from the University of Missouri – Kansas City and her undergraduate degree from the University of Nebraska – Lincoln. In addition, she has a master’s degree from Doane University.

Before joining Spencer Fane, Shelli was the Risk and Compliance Officer for a financial services technology platform with one of the world’s largest technology companies. She oversaw the platform’s regulatory compliance and handled all risk-related matters. She also has experience as general counsel for a community bank, where she managed all legal, regulatory, compliance, and corporate matters.

Additional Information

WHO SHOULD ATTEND?

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

TAKE-AWAY TOOLKIT

  • Consumer bankruptcy cheat sheet
  • Proof of claim filing checklist
  • Flowchart of the consumer bankruptcy process
  • 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.

Fees

Live Webinar - $255

  • Unlimited connections for your institution
  • Available on desktop, mobile & tablet
  • Take-away toolkit
  • Presenter’s contact info for questions

On-Demand Webinar - $255

  • 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

Live + On-Demand - $375

Get the best of both and save when you Bundle the Live & On-Demand Webinar registration! This option includes all the items listed above.

**100% surcharge applied to non-members.

Association Contact

Katie Yates
Education Coordinator
o: 317-387-9380
d: 317-333-7162
kyates@indiana.bank