Wednesday
Jun 9
2021

Collection Series: Troubled Debt Restructuring in the COVID Economy

Registration Options & Pricing

Please select your membership status.


Live Webinar Includes

  • Unlimited Connections to the Live Webinar
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Presenter’s Contact Info for Follow-Up

Recorded Webinar Includes

  • Recording of the Live Webinar
  • Can be viewed anytime 24/7, beginning 2 business days after the webinar
  • Handout and Take-Away Toolkit
  • Available on Desktop, Mobile & Tablet
  • Free Digital Download, yours to keep
  • Share link with anyone at your credit union
  • Presenter’s contact info for follow-up
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This is a 90-minute webinar.

9:00 am – 10:30 am HST
12:00 pm – 1:30 pm PT
1:00 pm – 2:30 pm MT
2:00 pm – 3:30 pm CT
3:00 pm – 4:30 pm ET

Increased TDRs go hand-in-hand with the COVID economy. But what qualifies as a TDR right now? The CARES Act was passed to allow for short-term relief, but what happens when that expires? Join us to learn about compliant collections and reporting under COVID-related restraints.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

  • Compare and contrast the different types of loan modifications
  • Define and identify troubled debt restructurings (TDRs)
  • Explain interagency regulatory guidance
  • Consider and calculate required reserves in the allowance for loan losses
  • Compile loan modification disclosures
  • Implement best-practice recommendations

WEBINAR DETAILS

Troubled debt restructurings (TDRs) were common during the Great Recession and have made a comeback in the COVID economy. Relief was granted to credit unions in 2020 with Section 4013 of the CARES Act and the Interagency Statement. But what happens when that relief expires? Subsequent loan deferments and modifications will have to be evaluated for TDR reporting. This session will guide you through the process of identifying TDRs, calculating required reserves, compiling financial disclosures, and implementing best practice recommendations along the way. Please bring your questions!

Attendance certificate provided to self-report CE credits.

Save with this series!

WHO SHOULD ATTEND?

This informative session is designed for lending and collections personnel, loan modification staff, and those responsible for loan modification accounting and reporting.

TAKE-AWAY TOOLKIT

  • TDR evaluation checklist
  • Employee training log
  • Interactive quiz

DON'T MISS THIS RELATED WEBINAR!

"Commercial Loan: Workouts, Restructuring & Loss Mitigation"
Wednesday, April 21, 2021

 

NOTE:  All materials are subject to copyright. Transmission, retransmission, or republishing of any webinar to other institutions or those not employed by your financial institution is prohibited. Print materials may be copied for eligible participants only.

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