CU Webinar Webinars - Live

Managing the Repossession Process, Including Notice & Sale

July 8 | 3:00 pm - 4:30 pm ET
Category:
CU Webinar Webinars - Live
Contact: Lauren Simonds at lsimonds@mainecul.org

Repossession may seem like a routine part of loan servicing, but it’s one of the most legally hazardous and reputationally sensitive actions a financial institution can take.

What begins as a collateral recovery operation can quickly devolve into a regulatory nightmare, lawsuit, or PR crisis. But when done correctly, repossession can mitigate loss and preserve collateral value. Veteran collections attorney David Reed will teach you how!
 
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
  • Appreciate the growing legal and operational risks associated with repossessions
  • Deploy a roadmap for building effective internal processes
  • Design tools to strengthen oversight of third-party agents and sale vendors
  • Create strategies for maximizing collateral recovery
  • Understand the requirements of a commercially reasonable sale
  • Employ practical solutions for integrating repossession controls into your broader risk management framework
  • Avoid common repossession pitfalls

For more information, including pricing and registration, click here.