Proper Repossession, Notice & Sale of Non-Real Estate Collateral
On-Demand Webinar:
StreamedJul 14, 2022Duration90 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
A mistake in the repossession process can cost you the right to pursue a borrower and cause substantial damage to your institution.
That’s a high price to pay! Ensure your team knows the ins and outs of
the repo requirements from top to bottom.
AFTER
THIS WEBINAR YOU’LL BE ABLE TO:
- Explain the UCC Article 9 requirements in the repossession, notice, and sale processes
- Understand how to legally conduct self-help repossession
- Distinguish between a private sale versus a public sale and when each should be used
- Explain what the notice of sale must contain
- Use commercially reasonable sale procedures
WEBINAR DETAILS
No
lender likes to do repossessions, but it may be the only way to collect on a
loan. However, the repossession process
is fraught with peril for your institution.
This webinar will explain all aspects of the repossession process
regarding non-real estate collateral, starting with the decision to repossess
and ending with the disposition of the collateral at a private or public sale. Learn
the steps to properly repossess and dispose of collateral under UCC
Article 9.
WHO SHOULD ATTEND?
This informative session is designed for all loan
and collection personnel, including loan officers, loan operations, credit
administration, managers, collectors, compliance officers, and attorneys.
TAKE-AWAY TOOLKIT
- UCC Article 9 repossession checklist to ensure you don’t forget a step in the repossession, notice, and sale processes
- UCC notice of sale form
- 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 agency is prohibited. Print materials may be copied for eligible participants only.
TESTIMONIALS
"No complex legalese, uses understandable layman terms or explanations, efficient use of time, not repetitive, does not get bogged down or side tracked with questions."
-Nile, Community First CU
Presented By
Spencer Fane LLP
This Webinar Appears In
© 2023 FINANCIAL EDUCATION & DEVELOPMENT, INC