Avoiding Bank Liability in the Collection Process
The collection process is fraught with potential liability. Debtors who can't or aren't willing to pay their obligations are looking for ways to get out of paying their obligations. Making a mistake in the collection process can mean the loss of rights to go after the debtor and the collateral.
This webcast seminar will address all legal issues involved in the collection process.
- Fair Debt Collection Practices Act – What is required?
- Right to Cure – When is it required?
- Self-Help Repossession – When is it appropriate?
- Notice of Sale – What is required?
- Commercial Reasonable Sale – What are the factors?
- Bankruptcy – What can you do?
Who Should Attend?
This webcast seminar will useful to any person involved in the collection process including loan officers, credit analysts, credit administration personnel, compliance personnel, workout personnel and attorneys.
Adam LaBoda, Esq. is a partner with Spencer Fane Britt &Browne LLP where he specializes in the representation of financial institutions.
Adam was awarded his juris doctor from the University of Kansas Law School. Prior to joining Spencer Fane, Adam served as a law clerk for Chief Judge Lee M. Jackwig, United States Bankruptcy Court for the Southern District of Iowa. He is a member of the Missouri Bar and the Kansas Bar Associations, as well as a member of the Kansas and Missouri Bankers Associations, and the Kansas City Bankruptcy Bar Association.