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Event Date Thu Nov 8 EST (about 3 years ago)
Region All
Details

Repossession and sale of collateral is an unpleasant last resort to collect on a loan. Making a mistake in the repossession process can result in your institution losing its right to pursue the debtor for a deficiency and cause substantial damage to the institution. This webinar will explain all aspects of the repossession process regarding non-real estate collateral, starting with the decision to repossess and ending with the disposition of the collateral at a private or public sale. Learn the steps to properly repossess and dispose of collateral under UCC Article 9.

Covered Topics:
• UCC Article 9 requirements
• Conducting self-help repossession
• Requirements for the notice of sale
• Aspects of a commercially reasonable sale
• What happens when the debtor files bankruptcy

Speakers

2018 Speaker:

Elizabeth Fast
JD & CPA, Spencer Fane LLP

Sponsors & Partners

2018 Sponsor

• Indiana Bankers
• Financial Ed