10 Lessons Learned When a Borrower Dies

Now what? A borrower passed away, but still owes money to your institution. What are the chances of collecting? How do you go about it – compliantly? Is setoff an option? What about relatives or joint accounts? How can you miss this jampacked webinar with the answers to all your questions?

AFTER THIS WEBINAR YOU’LL BE ABLE TO:

• Take the proper steps when a probate estate is opened
• Handle cases where a probate estate is never opened
• Determine when the deceased’s relatives and other parties can be held liable for loan repayment
• Identify situations when death of a co-borrower can constitute a loan default
• Exercise your institution’s right of setoff against the deceased’s deposit accounts
• Explain the special rules for home mortgage loans when a borrower dies

For more information or to register CLICK HERE