Drafting
and Enforcing
Cross Collateral Clauses
NorthLegal Webinar
Recorded July 19, 2007
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PROGRAM DESCRIPTION --
It's one of the most frequently asked questions
at bankruptcy and collection seminars, and it's the subject of wildly
conflicting opinions: Are
cross collateral clauses enforceable?
| Courts
across the country have come to different conclusions, for different
reasons. Lawyers have done the same. Meanwhile, credit unions across
the country successfully collect hundreds of thousands of dollars
through the careful use of cross collateral clauses. And there
are things your
credit union can do to improve the chances
that your clauses will be enforced! |
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Bring
your supervisors and your loan agreements to this program! |
On
July 19, 2007, Eric North -- a credit union attorney with more than
20 years experience prosecuting and defending lawsuits involving credit
unions-- spoke with credit union professionals from across the
country regarding:
• |
Why
some courts don't like cross collateral clauses, and what you can
do to address their concerns? |
| • |
What
laws govern the use of cross collateral clauses? |
| • |
What
little-known UCC provision can be used by debtors to defeat cross
collateral clauses if your credit union is not careful? |
| • |
What
can you do to make your credit union's cross collateral clauses
the most effective? |
| • |
Why
the full support of management is essential for a successful cross
collateral clause program. |
and
much more!
Take
advantage of this opportunity to get the very latest information for
collectors who enforce cross collateral clauses, lenders who obtain
them, and managers who approve them, all for one low price!
NOTE: This
program is intended for employees of credit unions. If you are not
a credit union employee, please contact NorthLegal to obtain
approval before registering.
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COST / REGISTRATION --
The registration fee for this program is $125.00 per
telephone/Internet connection if paid by credit card (online or by telephone), $135.00 if
paid by check.
(Checks must be received at NorthLegal prior to the beginning of the
program. Sorry, but we cannot invoice for this event.) For that single price,
you may have as many participants as you wish listen (over a single
telephone line and Internet connection)
in a conference room or office! To register, click here or
telephone NorthLegal at 623.537.7150.
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REGIONS AFFECTED --
This
program is not state-specific, and will be important to credit unions
from around the country.
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PROGRAM CO-HOSTS --
Although credit unions from any state may attend this program, this program
is jointly hosted by NorthLegal Training and Publications and by the
following organizations:
The
Arizona Credit Union System
The California Credit Union League
The Delaware Credit Union League
The Hawaii Credit Union League
The Iowa Credit Union League
The Kentucky Credit Union League
The Louisiana Credit Union League
The Massachussetts Credit Union League
The Mid America Credit Union Association
The Mississippi Credit Union League
The Montana Credit Union League
The New Hampshire Credit Union League
The Nevada Credit Union League
The Northwest Credit Union Collectors Association
The Credit Union Association of Oregon
The Pennsylvania Credit Union Association
The Rhode Island Credit Union League
The Tennessee Credit Union League
The Utah League of Credit Unions
The Washington Credit Union League
The West Virginia Credit Union League
(Credit
unions do not have to be members of any of those leagues or associations
in order to attend.)
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HOW TO ATTEND A NORTHLEGAL WEBINAR --
To attend this program you will need access to a telephone and
an Internet connection. The audio portion will be heard over
a toll-free telephone line (we find you get the most reliable
and clear connection that way), and a slide and document
presentation will be viewed over the Internet. Here
are the steps:
1. Enroll online, by clicking the "Enroll
/ Attend" link at the top of this
page. You will need a credit card or a "coupon code" from
NorthLegal. After you enroll, an Access Code will
be sent to the email address you provide. (If you were
provided with an Access Code by NorthLegal, you may go directly
to Step 2.)
2. After receiving an
Access Code, click the "Program Materials" link at
the top of this page to download the materials in PDF format.
Contact NorthLegal to obtain the password needed to open the
PDF file.
3. After downloading the program materials,
return to the "Enroll/Attend" link at the top of this
page, scroll to the bottom, enter that Access Code," and
click "Playback."
Contact NorthLegal Training
and Publications if you have any questions or suggestions for
improvement.
 NorthLegal Training and Publications
20280 North 59th Ave., No. 115-334
Glendale, Arizona 85308
Telephone: 623.537.7150
Facsimile: 623.537.7921 Email: northlegal@culaw.com
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