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Sponsored by Lorman Education
Only registered attendee will receive continuing education credit.
Product ID: 400526
 
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Current Issues in Commercial Collections

Live Webinar
July 26, 2017
1:00 pm ET (12 pm CT, 11 am MT, 10 am PT)
1 hour 30 minutes
Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart

Commercial collections are becoming more complex - stay up-to-date on the latest issues.

The world of commercial collections has seen numerous recent developments. These developments require that those responsible for enforcing their collection rights be aware of not only new twists on several established remedies, but also new concepts which may make collections more difficult. For example, what happens to rental income when a bank or other lender wants to exercise rights under a mortgage or assignment of rents? And what are the priorities for creditors and secured lenders with respect to a garnishment? On a more recent concept, are you in a state that must deal with asset protection trusts for guarantors that might have the money to pay some or all of a commercial debt? This topic is essential for those who need to stay current on commercial collection issues.

Learning Objectives

  • You will be able to describe how a bank's setoff rights may impact a creditor's ability to garnish a debtor's bank account.
  • You will be able to discuss the potential issues in accelerating indebtedness and attempting to collect debts.
  • You will be able to explain the current state of law regarding nonrecourse guaranties and issues with their enforcement.
  • You will be able to review your company's credit documents and determine if there are necessary revisions or concerns based on the new case law discussed.

Registration

Live Webinar$219Register Now
Can't Attend?   Audio & Reference Manual$219Add to Cart