2014 Bankruptcy & Collections Seminars

Bankruptcy Seminars

The failure to properly perfect liens on automobiles is resulting in dire lien avoidance problems. Bankruptcy fraud continues to go unchecked. Reaffirmation Agreements have changed, in form and in substance, over the last year. And seemingly harmless areas, like proofs of claims, are now exposing credit unions to serious liability. The economy has wreaked havoc on the job market and, with the 2005 bankruptcy reforms now in the distant past, bankruptcies are spiking at an alarming rate. Charlie Williams, with Blalack & Williams, P.C., focuses on bankruptcy essentials for the new credit union bankruptcy officer. In addition, he emphasizes current and emerging problems for the credit union in the bankruptcy courts. These problems are costing credit unions millions across the country. They include:  automatic stay issues involving post-petition repossessions, payroll deductions, credit reporting, and other unintentional violations. All of these issues are addressed, along with many more.

NOTEBecause of suggestions from past attendees for more time needed for this session, the Bankruptcy Seminars have been extended an additional hour.

Collections Seminars

Repossession Compliance from A to Z: What You Are Doing Right. What You Are Doing Wrong and How to Fix It.

Most credit unions assume that their internal repossession procedures and all of their repossession notices and forms are in compliance with applicable law.  Unfortunately, experience has shown that is not the case.  These repossession compliance issues for credit unions are further compounded by the fact that class action litigation related to repossession procedures and notices has not subsided. Credit unions, as well as other lenders, continue to face costly class actions that are rooted in allegations of defective post-repossession notice letters, defective deficiency balance letters, and other repossession procedural deficiencies.

Our Seminar presenter, credit union attorney Mike Blalack, brings a unique perspective on credit union repossession issues.  In his day-to-day representation of credit unions of all sizes he has found that he notices more mistakes and errors made in areas of credit union repossession procedures, and credit union repossession related notices and documentation, than in all other collection operational areas combined. As a result, it is more critical than ever that every credit union makes sure their staff fully understands the law, all required letters, notices and forms are in full compliance, and their repossession procedures are complete.

This Seminar will cover all of the key legal issues impacting delinquent vehicle loans, repossessions and the disposition of collateral. It is critical for credit union staff to know the laws applicable to credit union repossessions and to fully understand all of the legal requirements which must be followed in order to be in full compliance throughout the repossession process. Collectors of all experience levels will benefit from this practical new look at the legal issues surrounding credit union repossessions.

Seminar Highlights

  • Judicial methods of repossession
  • Non-judicial methods of repossession
  • The legal authority to repossess
  • Member default
  • Properly conducting a self-help repossession
  • The right to reinstate or redeem
  • The relationship with the repossessor
  • What to do when the collateral is repossessed
  • Notice issues concerning the sale of collateral
  • Properly disposing of the collateral
  • Proper computation and notice of the deficiency
  • Obstacles to recovering a deficiency judgment
  • Remedies available to the member

Who Should Attend?

Presidents/CEOs/managers, loan officers, credit committee members/volunteers, collection officers, compliance officers, and any other credit union staff responsible for minimizing the credit union's exposure to bankruptcy losses, collections, or lending in general would benefit from these seminars.

Dates & Locations

Little Rock
Bankruptcy: May 20, 2014
Collections: May 21, 2014
Register Online
Early bird deadline: May 5, 2014
Arkansas Credit Union Association
102 W. Capitol Ave.
Little Rock, AR 72201
501-376-6508
Lodging Offers

Oklahoma City
Collections: August 19, 2014
Bankruptcy: August 20, 2014
Register Online
Early bird deadline: August 8, 2014
Credit Union House
631 E Hill Street
Oklahoma City, OK 73105
405-702-8622
Lodging Offers

Houston
Bankruptcy: November 5, 2014
Collections: November 6, 2014
Register Online
Early bird deadline: October 21, 2014
Doubletree Houston Hobby Hotel
8181 Airport Blvd.
Houston, TX 77061
713-645-3000
Room Reservation

Business casual dress is appropriate. Bring a jacket or sweater as room temperatures vary.

Schedules

Bankruptcy Seminars

8:00 am - 8:30 am Registration & Continental Breakfast
8:30 am - 11:30 am Session
11:30 am - 12:30 pm Networking Lunch (provided)
12:30 pm - 4:30 pm Session

Collections Seminars

8:30 am - 9:00 am Registration & Continental Breakfast
9:00 am - Noon Session
Noon - 1:00 pm Networking Lunch (provided)
1:00 pm - 4:00 pm Session


*Includes 2 refreshment breaks

Presenters - Mike Blalack, Esq. & Charles Williams, Esq.

Mike Blalack, Esq. is a founding shareholder and principal of Blalack & Wiliams, P.C. Since 1975, Mike has focused exclusively on the representation of state and federal credit unions with a particular concentration in the areas of lending and deposit account system development, consumer credit, and collections issues and collections litigation.

Charles Williams, Esq. is a founding shareholder and principal of Blalack & Williams, P.C. For nearly three decades Charlie has concentrated his practice on the representation of credit unions and financial service providers, specializing in state and federal regulatory affairs, lending and deposit account systems and policy development, bankruptcy representation and consumer credit issues.

CPE Credits

Certified Public Accountants (CPAs) may earn continuing education credits (CPE) in accordance with each state’s Board of Public Accountancy standards and guidelines:

Arkansas CPAs

Oklahoma CPAs

Texas CPAs - The Cornerstone Credit Union League is registered with the Texas State Board of Public Accountancy (TSBPA) as a sponsor of continuing professional education on the State Registry of CPE Sponsor. Certified Public Accountants (CPAs) may earn up to 6.5 continuing education credits (CPE) for the Collections Seminar and 7.5 credits for the Bankruptcy Seminar. No advance preparation or prerequisites are required. The state board of accountancy has final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be addressed to: Texas State Board of Public Accountancy/333 Guadalupe - Tower 3, Suite 900/Austin, TX 78701-3900

Administrative policies, such as complaint or refund, please contact the league at 800-442-5762 ext. 6634.

Educational Investment

Fee Per Person/Per Day

Early Bird - $299
Regular Rate - $349

Walk-in accommodated on a space available basis. Your investment includes instruction, extensive handouts, continental breakfast, networking lunch, and two (2) refreshment breaks.

Registrant Cancellation Policy

Substitutions are always welcome. Registration fee refunds (less a $50 processing fee per person/per seminar) are granted for cancellations received in writing two weeks prior to the seminar.

Seminar Cancellation Policy

Locations with less than 20 registrants two weeks out may be cancelled. In the event of cancellation, all registrants will be notified.

Grant Assistance

The Cornerstone Credit Union Foundation is accepting scholarship applications for League training events based on financial need. Applications must be received by the quarterly application deadline. Contact the Foundation at 800-953-8283 or visit their website for more information.

Questions?

Call 800-442-5762 ext. 6639 or 469-385-6639 or email Cristina Lau at clau@cornerstoneleague.coop.

If you have physical, medical, or dietary needs requiring special attention, please contact us for proper arrangements to be made. For more information regarding administrative policies, such as complaint or refund, please contact us at 800-442-5762 ext. 6630.