Are you looking for insights on Reaffirmation procedures, forms and what’s allowed in Chapter 7 bankruptcy? Join us for an explanation of newly revised nationally required forms, how to successfully deal with loan Reaffirmations in Chapter 7 bankruptcy cases and the importance of compliance to ensure you protect your credit union’s assets and interest in these loans.

This webinar will discuss:

• The newly revised Reaffirmation forms now nationally required as of December 1, 2015
• The multiple deadlines for effective Reaffirmation filing and enforceability
• How to induce (or compel) members to reaffirm unsecured loans
• How to detect and address fraudulently incurred debts that are bankrupted
• When debtors can enjoy a “pay-&-stay” or a “ride-through” without losing their residence or vehicle in bankruptcy
• How to freeze, retain and offset deposit accounts against reaffirmed debts
• Prohibitions against account seizures for credit card debts only
• How to use Reaffirmations to modify real estate loans effectively and enforceably

This webinar includes a session handout and list of related resources.

This event is produced by the CUNA Center for Professional Development and endorsed by the CUNA Lending Council.

Who Should Attend

This webinar is beneficial for credit union collections professionals and others interested in learning more about Chapter 7 bankruptcy. Affiliation with CUNA/League is required for attendance.