No lender likes to do repossessions, but it may be the only way to
collect on a loan. Making a mistake in the repossession
process can result in losing the right to pursue the debtor for a deficiency and
cause substantial damage to 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.
- What requirements does UCC Article 9 impose on the lender?
When is it legally permissible to conduct self - help
- Can the lender choose between a private or
- What must the notice of sale contain?
What is required for a commercially reasonable sale?
What if the debtor files bankruptcy?
Elizabeth Fast, JD, CPA , Spencer Fane LLP