Repossession, Notice & Sale of Collateral on Personal Property Webinar


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Repossession, Notice & Sale of Collateral on Personal Property Webinar

May 26, 2010
1:00 p.m. – 2:30 p.m. MST

$159 Webinar Only

$159 CD Only

$179 Webinar and CD

No credit union enjoys repossessions. However, they are necessary in certain situations. Making a mistake in the repossession process can result in the credit union losing its right to go against the debtor for a deficiency and can also cause substantial damages to the credit union. This session explains all aspects of the repossession process, starting with the decision to foreclose on collateral and ending with selling collateral at a private or public sale. The proper steps a credit union should take (and the pitfalls a credit union should avoid) will be examined. This session will focus on the basics, but will also serve as a good refresher for those who do not frequently deal with repossessions.

HIGHLIGHTS

When is a right-to-cure notice required?
When is it appropriate to conduct self-help repossession?
What is required in the notice of sale?
What is considered a “commercially reasonable” sale?
What if the debtor has filed bankruptcy?

Presenter: Elizabeth Fast, JD & CPA

Elizabeth Fast, Esq. is a partner with Spencer Fane Britt & Browne LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division known as Bankers Choice. 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. She is a member of the Missouri State Banking Board by appointment of the Governor.

Get Connected: It’s as easy as 1 - 2 - 3

Fill out the information below and submit registration.
Prior to the conference, you will receive a special instruction sheet outlining the computer login and telephone dial-in procedures, your password, a specific toll-free telephone number and handout materials.
On the day of the conference gather all the attendees around your computer and speakerphone, distribute copies of the handout material, and enjoy the conference.

Cancellation/Payment Policy: Substitutions are always welcome. No-shows and cancellations received five days or less prior to the event will be invoiced for the full registration fee. Please do not send payment; your credit union will be billed. Password information and materials will be e-mailed 48 hours prior to the session.