Bankruptcy: An Overview 2021 | ProBank Austin | 19 February 2021 | Webinar
Venue
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| Event Date | Fri Feb 19 EST (almost 4 years ago) |
| Location | Webinar |
| Region | Americas |
Details
Unfortunately, some borrowers become delinquent on loans. Some of those borrowers may even file for bankruptcy, which affects what we can and can’t do during the collection process. Of course, we have attorneys who assist the institution in those situations, but it is still important for those who work with borrowers on a day-to-day basis to understand concepts and how it may affect us.
During this webinar, we will provide a high-level discussion of the basics of Federal bankruptcy laws in order to provide a foundation of knowledge – what the purpose of bankruptcy is, what it is, the different types, and how bankruptcy relates to Federal lending compliance laws regarding mortgages.
Here Is What You Will Learn:
• Bankruptcy basics
- Purpose
- Types – individuals (chapter 7 or 13), businesses (chapter 7 or 11), farmers (chapter 12)
- Basic process and consequences
• Federal lending compliance – Mortgage servicing provisions, including:
- Periodic statement
- Early intervention, loss mitigation
Who Should Attend?
This webinar is designed for those involved in lending. Although the ideas may directly affect those who deal with mortgage servicing and collections, the information may be a valuable source to anyone.
Speakers
2021 Presenter
Anetria Cohen
Vice President, vCard