BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 13.3//EN BEGIN:VTIMEZONE TZID:Central Standard Time BEGIN:STANDARD DTSTART:20231102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Central Standard Time TZOFFSETFROM:-0500 TZOFFSETTO:-0600 END:STANDARD BEGIN:DAYLIGHT DTSTART:20230301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Central Daylight Time TZOFFSETFROM:-0600 TZOFFSETTO:-0500 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:Charge-off doesn&rsquo\;t automatically mean zero recovery. Lea rn about making and managing a plan to maximize recoveries.\nLearning Obje ctives\n\n Refer to recent ALLL guidance\n Properly time charge-offs \n Evaluate in-house versus third-party collections\n Choose the bes t placement option: agency or law firm\n Track recoveries on charged-of f loans\n Understand statute of limitations issues\n Know when to ch ange horses: account recall and re-placement options\n\nJust when we thoug ht it couldn&rsquo\;t get worse\, there&rsquo\;s more negative news about unemployment and delinquencies. Are you ready for the increased charge-off volume and confident you are getting the most from the back-end of your l oan portfolio? &ldquo\;Out of sight\,out of mind&rdquo\; shouldn&rsquo\;t describe your charged-off loans. Just because you declare a loan loss inte rnally doesn&rsquo\;t mean there should be zero recovery.With an active co mbination of in-house effort\, collection agencies\, and law firms\, there are many ways to find money in those &ldquo\;worthless&rdquo\; loans. All you need is a plan and the ability to manage it. This webinar will give y ou both! From the timing of charge-off\, to effective third-party placemen t details\, to the science of tracking and comparing recovery results\, th is webinar will explore the practical side of charge-off recovery. Now is not the time to maintain the status quo in the collections department.&nbs p\; DTEND:20200805T203000Z DTSTAMP:20240329T071144Z DTSTART:20200805T190000Z LOCATION: SEQUENCE:0 SUMMARY:Maximizing Recoveries on Charged-Off Loans UID:RFCALITEM638472751040177143 X-ALT-DESC;FMTTYPE=text/html:
Charge-off doesn&rsquo\;t automatically mea n zero recovery. Learn about making and managing a plan to maximize recove ries.
\nLearning Objectives
\nJust when we thought it couldn&rsquo\;t get worse\, there&rs quo\;s more negative news about unemployment and delinquencies. Are you re ady for the increased charge-off volume and confident you are getting the most from the back-end of your loan portfolio? &ldquo\;Out of sight\,out o f mind&rdquo\; shouldn&rsquo\;t describe your charged-off loans. Just beca use you declare a loan loss internally doesn&rsquo\;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 &ldq uo\;worthless&rdquo\; loans. All you need is a plan and the ability to man age it. This webinar will give you both! From the timing of charge-off\, t o 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. Now is not the time to maintain the status quo in the collections department. \;
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