In the event of default, UCC Article 9 authorizes a credit union only to take certain actions and only after notice is given to the member. This webinar will explain the proper way to handle defaults and avoid costly mistakes. It will examine various types of defaults and how some credit unions unwittingly waive defaults. This webinar also will explain the repossession process under the UCC, starting with the required notices and ending with the sale of collateral at a public or private sale. The most-common errors in the repossession process will be addressed.
Presenter: Elizabeth Fast, Spencer Fane Britt & Browne, LLP
Who should attend: Branch Managers, Collections, Compliance Officers, Lenders, Operations and CEOs
Time: 2 p.m.-3:30 p.m.
Cost: $209 for live webinar only; $229 for live webinar, plus a web link and free CD-ROM
Registration deadline: Friday, April 12
Pairing conferencing capabilities with web technology, this session brings informative, interactive training directly to you. During the webinar, you'll view a real-time PowerPoint presentation on your computer while listening to the audio connection via telephone.
While credit unions are encouraged to use the webinar to train multiple individuals at once, the credit union will be charged for each computer connection that uses its login code. Participants will receive login instructions and handout materials via email prior to the webinar. In addition, registrants may also receive an archive CD-ROM after the live session.