No banker 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 your bank losing its right to go against the debtor for a deficiency and mistakes can cause substantial damage to the bank. 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 sale of the collateral at a private or public sale. Learn the steps your bank should take to properly repossess and dispose of collateral under UCC Article 9.
ABOUT THE PRESENTER – Elizabeth Fast, JD, CPA, Spencer Fane LLP
Elizabeth Fast is a partner with Spencer Fane LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions. She is a member of the Missouri State Banking Board by appointment of the Governor.
This informative session is designed for all loan and collection personnel, including loan officers, loan operations, credit administration, managers, collectors, compliance officers, and attorneys.
This webinar is being hosted through a national webinar provider. Wisconsin state law will not be addressed.
Monday, November 14, 2016 2:00 PM - 3:30 PMCentral Time
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