Every banker should have a fundamental understanding of the U.S. Bankruptcy Code and your bank’s rights and obligations thereunder. This webinar will introduce you to the world of bankruptcy. It is designed for lenders and support staff with the goal of educating them on the fundamentals of both consumer and commercial bankruptcy law. Practical information for daily use will be provided.
What You’ll Learn
Bankruptcy terminology
Bankruptcy Court system and the role of the U.S. Trustee’s office
An overview of the various chapters of the Bankruptcy Code (7, 9, 11, 12 and 13)
Setoffs and foreclosure sales: The automatic stay and what the bank can and cannot do after it goes into effect
Filing a proof of claim
Secured vs. unsecured vs. undersecured Claims
Exempt property
What debts of an individual can and cannot be discharged
The order or “priority” in which claims are paid in bankruptcy
The rules on reaffirmation agreements
Pursuing guarantors when a borrower files bankruptcy
Rejection of leases and executory contracts: how they can affect the bank’s collateral values
Bankruptcy timetable and special rules for single asset real estate cases
Special protections afforded members of the armed forces under the Servicemembers Civil Relief Act
Preferences, fraudulent transfers, and unauthorized post-petition transfers
Who Should Attend?
This program is designed for all lenders and their support staff.
Continuing Education (CE) Credits
This webinar is recommended for 2.5 CE Credit Hours. Each attendee will receive a Certificate of Attendance for self-reporting of CE Credits.
Robin Russell has practiced law for 30 years and is licensed in Texas, New York and Massachusetts. She is a fellow in the American College of Bankruptcy and of the American Law Institute. She combines... read more.
INCLUDES 30 DAYS OF ONDEMAND PLAYBACK! With this option, you will participate in the webinar as it is being presented. You will login to the webinar on your PC to view the PowerPoint presentation, and you have the option of using your PC speakers or a phone for the audio. You can type and send your questions to the instructor. And don’t worry if you miss the webinar, you can still view it for up to thirty days after it takes place!
Live Plus Twelve Months OnDemand Playback:
With this option, you will receive the live version, then you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link where you will view and hear the entire webinar just as it was delivered, featuring the full-color PowerPoint presentation with audio. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. The link will be available to you (and anyone else in the company) for up to twelve months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
Live, Twelve Months OnDemand Playback PLUS Digital Download:
By adding the Digital Download to your order, you will be adding access to make the webinar part of your training library. You can pause, fast-forward and rewind as needed, which makes it an effective training tool. With this option, you will receive a download of the PowerPoint slides as well. Access to the Digital Download is for the life of your library.
