Commercial Loans: Foreclosing on Your Security Interest in Collateral
March 10, 2025
Live Webinar:
DateMar 10, 2025Duration90 minutes
12:00 PM PDT01:00 PM MDT
02:00 PM CDT03:00 PM EDT
- Unlimited connections for your institution
- Available on desktop, mobile & tablet
- Take-away toolkit
- Presenter’s contact info for questions
On-Demand Webinar:
- 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
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.
Presented By
Spencer Fane LLP
© 2025 FINANCIAL EDUCATION & DEVELOPMENT, INC