Maximizing Recoveries on Charged-Off Loans

Just when we thought it couldn’t get any worse, there’s more negative news about a possible recession, additional delinquencies, and charge-offs.  Are you ready for the increased charge-off volume and confident you are getting the most from the backend of your loan portfolio?  “Out of sight, out of mind” shouldn’t describe your charged-off loans.  Just because you declare a loan loss internally, doesn’t mean there should be zero recovery. 

With an active combination of in-house effort, collection agencies, and law firms, there are many ways to find money in those “worthless” loans.  All you need is a plan and the ability to manage it.  This webinar will give you both!  From the timing of charge-off, to effective third-party placement details, to the science of tracking and comparing recovery results, this webinar will explore the practical side of charge-off recovery.  Join veteran collections attorney David Reed as he reveals lessons learned from over 30 years of collections and bankruptcy experience.

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