Event Calendar

Tuesday, October 4, 2022

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

Start Date: 10/4/2022 9:00 AM MDT
End Date: 10/4/2022 10:30 AM MDT


Event Website: https://financialedinc.com/chapter-7-13-consumer-bankruptcies-special-rules-cramdowns-risks

Organization Name: Independent Bankers of Colorado

Contact:
Maelynn Lewis
Email: mlewis@ibcbanks.org
Phone: (720) 607-7937

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. 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.
 
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
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
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.
 
DON’T MISS THIS RELATED WEBINAR!
20 Common Mistakes in Consumer Collections, recording available
 
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.
 
MEET THE PRESENTER
Elizabeth Fast, JD, CPA, Spencer Fane LLP
Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions.

THREE REGISTRATION OPTIONS – WHAT YOU GET
1. Live Webinar Includes
  • Unlimited connections within your institution to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Presenter’s contact info for follow-up
 2. On-Demand Webinar Includes
  • Recording of the Live Webinar
  • Available two business days following Live date
  • Handout and Take-Away Toolkit
  • Available on desktop, mobile & tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your institution
  • Presenter’s contact info for follow-up
3. Purchase the BOTH Option to receive all the benefits listed above! Full registration descriptions can be found here.