Commercial Loan Defaults and Workouts Webinar
When a default exists your bank may agree to a renewal, extension or significant modification to the loan as the solution. This program will cover guidelines for the Bank in a workout situation, including the documentation to consider before, during and after negotiations take place with borrowers and guarantors.
Webinar Description and Intended Audience
In the current economic environment commercial loan defaults are expected to accelerate. When a default exists your bank may agree to a renewal, extension or significant modification to the loan as the solution. This program will cover guidelines for the Bank in a workout situation, including the documentation to consider before, during and after negotiations take place with borrowers and guarantors. Assessing lien positions and likely recoveries in bankruptcy and in the absence of a workout will also be discussed. Practical information for daily use will be provided.
- Defaults Prior to and at Maturity
- Acceleration of Debt
- Guidelines for Workout Negotiations
- Workout Due Diligence Checklist
- Assessing Your Lien Position and Likely Recovery Absent a Workout
- Subordination and Intercreditor Agreements
- Lender Liability Issues
- Temporary Waivers and Amendments
- Documenting Renewals, Modification and Extensions
- Pre-Workout Agreements
- Workout Agreements, Loan Restructuring Agreements and Forbearance Agreements
- Effect of Section 4013 of the Stimulus Package on Loan Modifications
- Tax Issues and COD Income
- The Basic Business Bankruptcy Framework: Chapter 7 and Chapter 11
- The Small Business Reorganization Act of 2019 and New Temporary Increased Debt Limits
Who Should Attend?
This program is designed for all commercial lenders, collections and problem loan personnel and their support staff.
Webinar Viewing Options
INCLUDES 7 DAYS OF UNLIMITED ONDEMAND PLAYBACK! With this option, you will participate in the webinar live, via the internet. 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 telephone for the audio. You can type and send your questions to the instructor. Many companies are now running their PC through an LCD projector allowing many employees to participate at the same time. And don’t worry if you miss the webinar, you can still view it for up to seven days after it takes place!
SIX MONTH ONDEMAND VIDEO:
With this option, you will receive an e-mail that contains a link to the PowerPoint slides (to download, print, and copy) as well as a link to the media player 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 a very effective training tool. The OnDemand Video will be available to you (and anyone else in the company) for six months and can be accessed 24/7 as many times as you wish. Delivered via e-mail the day after the webinar takes place.
If you do not have internet access or want to make the webinar part of your training library, the CD-ROM Recording is a great option for viewing a webinar. 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 any applicable handouts and a CD-ROM (featuring the full-color PowerPoint presentation with audio) via regular mail. Mailed 7 to 10 days after the webinar takes place.
Webinars can be scheduled and offered exclusively for your company. They can even be customized to best fit your needs. To find out more, please complete the in-house request form found in the Schedule and Registration Information section below.
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.