Bankruptcies continue to be a dark cloud on the credit union's economic weather report and it looks like the storm is not blowing over any time soon. Constant filings and recent rule changes are making the collections process even harder after a member "commits bankruptcy" against the credit union. One of the most frequently frustrating areas is the Proof of Claim process and the credit union's failure to fully understand and comply with all applicable rules, which can cost you big money!
In this webinar, recovering bankruptcy attorney David Reed will walk you through the practical and technical requirements of drafting and filing fully compliant Proof of Claims.
- Learn the practical and technical requirements of drafting and filing compliant Proof of Claims
- Review basic data points and definitions
- Identify best practices for securing cross collateral protection
- Discover the correct forms to use and when
- Understand how to secure the credit union's place in line for payment
- Examine privacy violations and the potential liability
$295 Members | $395 Nonmembers
(Additional $50 for CD)
One registration gives your entire credit union access to the on-demand recording until August 23, 2019.
Already registered? Go to the Online Training Center to view live.
Who Should Attend?
- NAFCU Certified Compliance Officers (NCCOs)
- NAFCU Certified Risk Managers (NCRMs)
- NAFCU Certified Bank Secrecy Officers (NCBSOs)
- Credit Union Executives
- Chief Financial Officers
- Collections Managers and staff
- Lending Managers
- Bankruptcy Specialists
- Credit union compliance staff
- Credit union risk staff
- Open to all credit unions, regardless of membership or charter type!
CPA Certification Credit Information
- Reviewer: Josie Collins, Education Manager, NAFCU
- Learning Objectives: Learn the practical and technical requirements of drafting and filing compliant Proof of Claims. Review basic data points and definitions. Identify best practices for securing cross collateral protection. Discover the correct forms to use and when. Understand how to secure the credit union's place in line for payment. Examine privacy violations and the potential liability.
- Program Level: Basic
- Prerequisites Needed: None
- Advance Preparation Needed: None
- Delivery Method: Group Internet-Based
- Recommended CPE Credits: 1.5 credits
- Recommended Field of Study: Technical – Regulatory Ethics
National Association of Federal Credit Unions (NAFCU) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. Learn more.
About Our Webinars
Our webinars are streamed live from NAFCU headquarters near Washington, D.C. Your audio/video feed of the presenters includes presentation slides and downloadable handouts. You can easily submit your questions to the presenters at any time during the live broadcast, with no dialing over the phone! The audio and video stream directly through your computer.