Commercial Loans: Foreclosing on Your Security Interest in Collateral

Collections Lending

On-Demand Webinar:

StreamedMar 10, 2025Duration90 minutes

Unlimited & shareable access starting two business days after live stream
Available on desktop, mobile & tablet devices 24/7
Take-away toolkit
Ability to download webinar video
Presenter's contact info for questions

See Registration Options

Foreclosure can be an unpleasant and complex topic.

But that can be mitigated substantially with flawless skills and a thorough understanding of the regulatory requirements. Join us to learn how to properly foreclose on collateral, preserve your institution’s security interest, and avoid mistakes in the process.

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

Explain the requirements imposed by UCC Article 9 when foreclosing on your security interest in non-real estate collateral
Understand the difference between foreclosing on your security interest and exercising your right of setoff – and when best to use each method
Distinguish the requirements for different types of collateral
Understand the rights of all creditors claiming a security interest, including when your institution has priority

WEBINAR DETAILS

This webinar will walk through foreclosing on your institution’s security interest in real and personal property collateral, including various requirements based on collateral type. UCC Article 9 requires that specific steps be taken within specific time periods. State law also imposes specific requirements when your collateral is real estate. Failing to comply with UCC or state law requirements can result in loss of your security interest, another creditor obtaining priority over your institution, and other unintended consequences. Learn how to avoid mistakes in the foreclosure process.

WHO SHOULD ATTEND?

This informative session is designed for personnel involved in the loan collection process, such as loan officers, workout officers, loan operations personnel, collectors, attorneys, auditors, compliance officers, and managers.

TAKE-AWAY TOOLKIT

Checklist of procedural steps to take when foreclosing on personal property and real estate
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits

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