Consumer bankruptcies are becoming more complicated and there are new
bankruptcy forms that financial institutions must file. Attend this
program, and gain the knowledge necessary to strengthen your financial
institution’s position in Chapter 7 and 13 consumer bankruptcy
situations. The actions your financial institution must take to protect
its interests – and the actions that are prohibited – will
be detailed. In addition, this webinar will address more-advanced
bankruptcy concepts, such as: exempt property, fraudulent transfers,
preference payments, when a cram down is permitted, when a reaffirmation
agreement is required, and when the new bankruptcy forms must be
When can the right of setoff be exercised bankruptcy?
Are reaffirmation agreements a good idea?
What can be done after the debtor is discharged?
What should be done if the trustee claims a preference payment was
made to the credit union?
When must previously-repossessed collateral be returned?
Can a debtor voluntarily agree to pay a financial institution
outside of the Chapter 13 plan?