Credit Reporting and Bankruptcy

A NorthLegal Webinar
(Presented February 25, 2010) (Appx. 90 min)

Program Description
Cost/Registration
Regions Affected
Co-Hosts

Handout Materials

›› Register: Use a credit card or a "coupon code" to register by clicking here.

›› Attend Using Access Code: If you already have an Access Code, click here then enter that Access Code at the bottom of the next screen to attend the program.

›› Handout Materials:Contact NorthLegal (623.537.7150) to obtain a password, then  click here to download handout materials in PDF format

How should a creditor report an account after the debtor files bankruptcy?

Creditors are being told they must report some debts with zero balances, others with reduced balances, and still others with full balances.

Sometimes creditors are being told they are obligated to report accounts as being "included in bankruptcy," but on other occasions they are told they are prohibited from reporting accounts that way. Often these demands are made with little or no legal support.

What is the right way to report an account that is in bankruptcy?  An account that has been discharged?  Is there a "right way" at all?

During this program, attorney Eric North will talk with participants about —  

Learn exactly what the Bankruptcy Code and the Fair Credit Reporting Act have to say about they way you report accounts in bankruptcy cases!

 

 

What the Bankruptcy Code says — and doesn't say — about credit reporting.  
How recently adopted regulations relating to the Fair Credit Reporting Act may affect the way you should handle discharged debts.  
What we can learn from court decisions about credit reporting of bankrupt accounts.  
What important credit reporting issues haven't been discussed in bankruptcy court decisions and why those issues matter.
What factors should creditors take into consideration when formulating policy and when making decisions regarding individual accounts.

and much 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, banks, and other consumer lending institutions. If you are not a financial institution 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/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! For more information, call NorthLegal Training and Publications at 623.537.7150.

Regions Affected
This program is not state-specific, and will be important to consumer lending institutions from around the country.

Co-Hosts
This program is jointly hosted by NorthLegal Training and Publications, by the credit union leagues and assocations representing the following states:

Arizona
California
Colorado
Delaware
Hawaii
Kansas
Kentucky
Louisiana
Massachusetts
Minnesota
Mississippi
Montana
Nebraska
New Hampshire
New Jersey
New Mexico
Nevada
North Dakota
Oregon
Pennsylvania
Rhode Island
South Dakota
Tennessee
Utah
Vermont
Washington
West Virginia
Wisconsin
Wyoming

and by the following local and regional associations:

The California CU Collectors Council
The NorthWest CU Collectors Association

(Participants do not have to be members of any of those leagues or associations in order to attend.)

Handout Materials
You may obtain the handout materials for this program after registering by contacting NorthLegal Training and Publications at 623.537.7150.

NorthLegal
5115 N. Dysart Road, No. 202-500
Litchfield Park, Arizona 85340

Telephone: 623.537.7150
Facsimile: 623.537.7921
Email: NLBC@culaw.com

 

 

 

 

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 and other financial institutions 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 issues relating to consumer lending institutions, and has presented hundreds of programs on behalf of national, state and local leagues and associations from around the country.

Watching your training budget?  NorthLegal Webinars allow you to train multiple employees for one low fee.

Webinar scheduling conflict?  No problem. Just register, skip the program, and contact NorthLegal to arrange a replay of the presentation at a time that is more convenient for you.  You get all the benefits of a live program, plus the ability to "pause" the program to take notes or to discuss the materials being presented.


 

 

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