The
Mortgage Crisis and Bankruptcy
Handling Real Property Loans in Bankruptcy
A NorthLegal Webinar
(Recorded March 27, 2008)
With
foreclosures and mortgage delinquencies soaring
across the nation, many borrowers and
courts, and even members of Congress, are looking to bankruptcy
law for a solution!
This increased focus on bankruptcy as a way not just to prevent
or delay foreclosure, but even to reduce
or wipe out real property loans, is likely to affect all credit
unions in the coming year -- whether or not you make real property
loans. Now is the time to separate fact from fiction, and make certain
you know what a debtor can and can't do, and what rights and obligations
you as a real property lender have, in Chapter 7 and 13 bankruptcy! |
During
this 90 minute NorthLegal Webinar, credit union attorney Eric
North discusses:
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Do
you know what actions -- other than violating
the automatic stay -- can result in sanctions from
the bankruptcy court? |
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What
a debtor can and can't do with respect to real property-secured
loans (including HELOCs) through bankruptcy. |
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Why
some debtors argue they are already allowed to "cram
down" second mortgages to the value of the property --
and whether they're right! |
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Whether a creditor may increase an interest
rate, or add fees to, a real property loan during Chapter 13 bankruptcy. |
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The
actions some real property lenders (including credit unions)
take that may trigger lawsuits in Chapter 13 cases. |
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What
effect legislation now pending in Congress would have on the
rights of real property borrowers and on the duties of lenders. |
and
a lot more!
Like
other NorthLegal Webinars, this program gives your credit union the
opportunity to train several staff members for
a single low price, right in the convenience of your office!
NOTE: This
program is intended for employees of credit unions. If you are not
a credit union employee, please contact NorthLegal Training and Publications
to obtain approval before registering.
Cost/Registration
The registration fee for this program is $125.00 per
telephone plus Internet connection if paid by credit card (online or by telephone), $135.00 if
paid by check.
(Checks must be received by 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 Training and Publications at 623.537.7150.
Regions
Affected
This
program is not state-specific, and will be important to credit unions
from around the country.
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 Credit Union Assn of Rhode Island
The Tennessee Credit Union League
The Utah League of Credit Unions
The Association of Vermont 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.)
Handout Materials
Handout materials are generally made available
the day prior to the program. An
email is sent to all registered participants when the materials are ready
and providing download instructions. A download link also appears in
the box at the top of this page when the materials are ready.
How
to Attend
a 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. More details about
how to participate will be provided upon registration or (if you would like
details before registering) may be obtained by calling NorthLegal Training
and Publications.
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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NorthLegal Webinars
NorthLegal Bankruptcy Conference for CUs
Speaker: Eric North
 Eric
North, the primary speaker at the programs listed on this site, has represented
the interests of credit unions as an attorney with respect to litigation,
compliance, governance, bankruptcy and collections matters since 1984.
Eric has appeared in state and federal
courts throughout the State of California, and has argued before the Ninth
Circuit Court of Appeal.
Eric is also a nationally recognized speaker on legal subjects affecting
credit unions, and has presented hundreds of programs for
for national, state and local credit union leagues and associations from
around the country.
Upcoming Conferences!
NorthLegal Bankruptcy
Conferences
-- Everything Bankruptcy
January 12 to 15 or 16, 2009
The Royal Plaza
at Walt Disney Resort
Lake Buena Vista, Florida
>> Information
and Registration
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