Repossession & Sale of Collateral
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5/18/2011 to 11/18/2011
When: 5/18/2011

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It is essential that credit unions correctly implement the repossession process. During this seminar, participants will receive an overview of the repossession process, starting with the decision to foreclose on collateral and ending with the sale of the collateral. Learn the steps credit unions should take to properly repossess and dispose of collateral, as well as the most common errors made by financial institutions. Participants will also explore the requirements of UCC Article 9, right-to-cure notices, requirements for the notice of sale, and what happens if a debtor files bankruptcy. 

Who should attend: Collectors, Compliance Staff, Lenders, Loan Officers and CEOs
Archive Cost: $200 

About Webinars

Coupling telephone conference interaction with web site 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 e-mail prior to the webinar. In addition after the session, registrants will receive a CD-ROM.


Minnesota Credit Union Network
555 Wabasha Street N, Suite 200
St. Paul, MN 55102

(651) 288-5170
(800) 477-1034