Account Maintenance
During Chapter 13 Bankruptcy

A NorthLegal Webinar
April 29, 2010 at 10:00 a.m. P.D.T.
(Appx. 90 min.)

Program Description
Cost/Registration
Regions Affected
Co-Hosts
How to Attend a Webinar
NorthLegal Contact Info

›› Register: Use a credit card to enroll for $125.00.

›› Handout Materials: Program materials may be downloaded in PDF format by clicking here.  Use the password you were given to attend the program to open the document.

 

Must a creditor modify a Chapter 13 account status to "bring it current" during bankruptcy?

Should you change the payments, balance and/or interest rate to correspond to the payments, balance and/or interest rate set forth in the plan?

Most creditors' claims are modified during Chapter 13 bankruptcy.  Even claims secured by real property may have arrears cured through the plan while post-petition payments are made directly. This leaves the account information shown in the creditor's records different from the account information shown in the court records.


What does the Bankruptcy Code say?  How are some courts directing creditors to deal with these and related issues?

During this approximately 90-minute program, attorney Eric North will talk with participants about —

 

One important court case working its way through the appellate system could require creditors to provide different statements for some Chapter 13 debtors than they provide for non-bankrupt members, and require creditors who add fees or charges during a bankruptcy case to file certain notices.

Learn about this case and its potential effect on you.

What factors you should consider when deciding whether to make changes to an account status, payments, interest rate or balance to try to match the plan status.
Things to watch for in Chapter 13 plans that may affect your duties after confirmation.
What your rights and obligations are if a Chapter 13 plan is dismissed.
Whether you should (and whether you may) send periodic statements during a Chapter 13 bankruptcy and what problems to avoid if you do — or don't.
Things to consider if you add attorneys fees, collateral protection insurance, late charges, or other charges to a loan during Chapter 13 bankruptcy.
How an important case soon to be heard by the Ninth Circuit Court of Appeal may directly or indirectly affect real property creditors nationwide.

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 consumer lending institutions. If you are not a consumer lending 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! 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
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 Credit Union Collectors Council
The NorthWest Credit Union Collectors Assn

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

How to Attend a NorthLegal Webinar
There are four ways to attend this program.   You may:

•  Listen to the live audio and watch the slide presentation both through your computer.  You will need a reliable Internet connection.

•  Listen to the live audio over the telephone (which often results in a more clear sound) and watch the slide presentation on your computer.   You will need a reliable Internet connection and access to a telephone.  A toll-free number will be provided.

•   Listen to the live audio over the telephone and follow along on the copies of slides included in the handout materials.  You will need access to a telephone.  A toll-free number will be provided.

•   Skip the live program and set up a replay when it is convenient for you.  You will watch and listen to the program through your computer and you will need a reliable Internet connection.

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

Telephone: 623.537.7150
Facsimile: 623.537.7921
Email: northlegal@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 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 other financial 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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