EVENT: Bankruptcy (Session Code: 472)
Bankruptcy Update: Is It Over? The simple answer is NO! Members are still filing for bankruptcy at an alarming rate. While consumer filings in 2012 were actually lower than 2011 they were still as high as before bankruptcy reform! What will the rest of 2013 look like? Are you prepared? The session will examine the current state of consumer bankruptcy and how it continues to impact credit unions. It will focus on the nuts and bolts of an effective bankruptcy recovery and loss reduction program.

From the basics of bankruptcy terms to the most common landmines to maximizing recovery methods in collections, this program walks the credit union professional through the complicated world of bankruptcy in an easy to understand (and retain) format.

This session will cover the following:
• Bankruptcy filing trends
• When do you need an attorney?
• Understanding the Automatic Stay
• Attacking fraud in bankruptcy
• The problem with Proof of Claims

Illinois Pricing:
Affiliate: $ 169.00
Non-Affiliate: $338.00

Out of State Pricing:
Regular: $ 175.00

Contact: Mary Jaros (Illinois Credit Union League)
Phone: 630-983-3466
Fax: 630-983-3212
Email: mary.jaros@ilcusys.org

Speaker: David Reed
Speaker Bio:
David Reed David A. Reed is an author, consultant and nationally recognized speaker. He received his undergraduate degree from Virginia Tech in 1986 and his Juris Doctorate from George Mason University School of Law in 1989. Formally, Mr. Reed was Vice President and General Counsel for Apple Federal Credit Union in Fairfax, Virginia. In his role as chief legal officer he established institutional legal policy, provided legal advice to the Credit Union concerning a variety of matters including the establishment and revision of Credit Union policies and procedures, organization compliance with federal regulations, contractual agreements, regulatory matters, and corporate governance. David has been selected to train NCUA Field Examination and Audit staff on Bankruptcy matters. He is an NCCO (NAFCU Certified Compliance Officer. Mr. Reed currently serves as editor of several manuals including Sheshunoff’s Debt Collections Manual; and Sheshunoff’s Practical Guide to Bankruptcy.


Location 1:
Telephone - TC - May 09, 2013: 10:00 am CT
Duration: 12:00 pm CT

Location 2:
Telephone - TC - May 09, 2013: 10:00 am CT
Duration: 12:00 pm CT

Online registration for this event has ended.