BK 101: An Introduction to Bankruptcy
A NorthLegal Webinar presented November 16, 2023
Duration: 2:00 hrs:minutes
| Cost | How to Attend | How to Obtain Handouts |  |
The free COVID money is running out, delinquencies are rising, and bankruptcy numbers are beginning to climb. Most experts predict it will get worse before it gets better. If your financial instition hasn't already taken steps to be sure it knows and complies with the rules, now is the time to do so.
Unfortunately, bankruptcy law is a complex and ever-changing subject — attorneys and even courts often vigorously disagree about what the law is and how to applly it. Just "figuring it out as you go" can lead to lost opportunities to recover unpaid debt, wasted time, and unnecessary attorneys fees. It can also cause serious mistakes that result in expensive litigation and court sanctions. It is important that collectors (and those who supervise and audit collectors) know the rules. Having at least a basic understanding of bankruptcy can also help lenders make better loans!
This introductory-level NorthLegal webinar provides new collectors with a foundation upon which to build their bankruptcy knowledge; experienced collectors with a chance to be sure their information is current and on-track;, and lenders, compliance officers, and credit committee members with "big picture" information that will help them manage bankruptcy procedures and improve lending.
Participants will learn:
- A description of the various types ("chapters") of bankruptcy, how they compare to each other, and how each affects your financial institution.
- Things collectors should look for when attempting to maximize recovery of a debt included in a Chapter 7 or 13 bankruptcy.
- Why rules are are not always the same in different parts of the country (even though we all follow the same Bankruptcy Code) and what your institution can do about it.
- The language of bankruptcy, and how to understand the words used by courts, attorneys and other bankruptcy professionals so you understand what is happening with a case.
- An introduction to the "automatic stay" — when it begins and ends and how it affects your institution.
and much more!
Like other NorthLegal Webinars, this program gives you the opportunity to train multiple staff members for a single low price right in the convenience of your office!
NOTE: This program is intended only for employees of consumer lending
institutions. Please contact NorthLegal Training and Publications to obtain approval
before registering if you are not an employee of a consumer lending institution.
Cost/Registration
The fee to attend this archived program is $190.00 if paid by credit card or $200.00 if paid by check. For that fee, you or someone from your financial
institution may view this program as often as you like for a period of 180 days. (NOTE: If your financial institution registered for the live program, you already have free access to the archvied version for six months! Contact NorthLegal for information.)
How to Attend an On Demand Webinar | How to Obtain Handouts
To attend this NorthLegal Webinar, please do the following:
| • | Register. To register online using a credit card, visit the "Register" link, above. To register by mail, call NorthLegal at 623.537.7150. |
| • | Check your email. Within moments after you complete the registration process you should receive two emails. One will be a receipt for the transaction and the other will contain a link and instructions explaining how to use that link to attend the program. |
| • | Download the handout materials using the link appearing in the confirmation email. The confirmation email also includes the password needed to open the materials. |
Speaker: Eric North
Eric North is an attorney who has represented the interests of credit unions and other financial institutions with respect to litigation, compliance, governance, bankruptcy and collections matters since 1984. Eric has appeared in state and federal courts throughout the State of California, and has argued before the Ninth Circuit Court of Appeal.
Eric is also a nationally recognized speaker on legal issues relating to consumer
lending institutions, and has presented hundreds of programs on behalf of national,
state and local leagues and associations from around the country.
Live program scheduling conflict?
No problem! Registration for a NorthLegal webinar automatically entitles you to watch it live AND to watch the archived version as many times as you like for 180 days!
If you or your staff can't make the live program, you still have plenty of time to watch when it is more convenient for you!