NorthLegal Webinar: Handling Real Property-Secured Loans in Chapter
Thurday, October 18, 2012 12:00 to 1:30 p.m.
Internet Training by Credit Union Attorney Eric
Eric will discuss:
What effect does a Chapter 7 bankruptcy have on a loan secured by
real property? Does it make any difference if the property is the
borrower's principal residence?
How did the Circuit Court of Appeal for three states justify
allowing a debtor to completely strip off a real property secured lien?
Is it likely other circuit courts will follow?
Should you file a proof of claim in Chapter 7 cases?
Is there any reason to ask for a reaffirmation in Chapter 7 cases?
Is there any reason a debtor should agree to one? How is the
reaffirmation process different for real estate loans than for other
types of loans?
What effect does the automatic stay have on pending foreclosures? On
foreclosures completed just before the bankruptcy?
What collection problems may you encounter with respect to real
property secured loans long after a Chapter 7 bankruptcy has
May you modify a real property secured loan after the borrower's
liability has been terminated in Chapter 7 bankruptcy? What are the
risks, and how can you mitigate against those risks?
What tools does a borrower's Chapter 7 bankruptcy give you that-if
used properly-can help your financial institution make wise decisions
and prevent unnecessary loss?
Like other NorthLegal Webinars, this program gives you the
opportunity to train several staff members for a single low price, right
in the convenience of your office!
For more information, visit http://www.northlegal.com/webinars.php and
click on the link for this program at the top of the list, or call
NorthLegal Training and Publications at (623) 537-7150