Bankruptcy & Collections Seminars: Arkansas and Oklahoma

Day One: Collections

Seminar topics include:

  • 10 Cardinal Rules for Proper Repossession
  • Military Lending Act
  • Complying with the Servicemembers Civil Relief Act (SMCRA)
  • The Use of Auto-Dialers for Debt Collection
  • Collection Considerations in Member Business Lending

Day Two: Bankruptcy

Seminar topics include:

  • Bankruptcy Ain’t a Beating
  • An Overview of Chapter 7 & 13, including such topics as:
    • Freezing Funds
    • Attending Creditors Meeting – when & why
    • Denial of Privileges Policies
    • When to Close Existing Accounts
    • How to Deal with Employees Who File Bankruptcy
    • §722 Redemptions in Chapter 7 Bankruptcies
    • The Interplay of Charge-Offs & Bankruptcies
  • The Universal Bankruptcy Checklist for All Secured Lenders
  • CFPB – Indirect Auto Lending
  • The Redaction Trap
  • The Mortgage Lender’s D-I-Y Guide to Bankruptcy Proofs of Claim

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 lenders in general would benefit from these seminars.

Dates & Locations

2019 dates coming soon.

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

Schedule

8:30 a.m. - 9:00 a.m. Registration & Continental Breakfast
9:00 a.m. - 12:00 p.m. Session
12:00 p.m. - 1:00 p.m. Networking Lunch (provided)
1:00 p.m. - 4:00 p.m. Session

*Includes 2 refreshment breaks

Presenter - Frank Drake

Frank DrakeFranklin Drake has been a partner in the Raleigh, North Carolina law firm of Smith Debnam Narron Drake Saintsing & Myers since 1994, following a sixteen year practice specializing in creditor's rights, bankruptcy, and repossession law in Kentucky. He has practiced in North Carolina, Kentucky, West Virginia and the federal courts of southern Indiana. For the last 40 years, Frank has been a featured speaker and author on bankruptcy and regulatory compliance programs and webinars. His practical application of laws and regulations to credit union procedures has appeared in state bar magazines, nationally distributed newsletters and on the Internet. For the past 31 years, Frank has advised and represented most of the major secured and unsecured financers on secured lending, bankruptcy and regulatory compliance matters. He especially enjoys guiding his clients around compliance pitfalls and how NOT to get sued.

Continuing Education Opportunities

Requests for certificates are processed after the event. Contact Janine McBee, CUDE, Sr. Training Director at 800-442-5762 ext. 6634 or email jmcbee@cornerstoneleague.coop for additional information or questions. Please specify type of certificate needed.

CPE Certificate (for CPAs) - Participants will earn 6.5 CPE Credits per day
Field of Study:
Business Law
The Cornerstone Credit Union League 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. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Certificate of Attendance with seminar description & schedule
Email Janine McBee to request either CPE or Certificate of Attendance: jmcbee@cornerstoneleague.coop.

Program Level

Basic. This is a group live workshop with interactive exercises. No prerequisites or advanced preparation required.

In order to be awarded the full credit hours, you must be present, registering your attendance and departure on the attendance sheets at the registration desk.

Educational Investment

Fee Per Person/Per Seminar

League Member Early Bird - $249
League Member Regular Rate - $299
Non-Member Rate (CUs in Cornerstone region only) - $498

Limited number of registrations available. Register early to secure your seat.Walk-ins accommodated on a space available basis. Your investment includes instruction, extensive handouts, continental breakfast, lunch, and two (2) refreshment breaks.

Registrant Cancellation Policy

Refunds will be granted (less a $50 processing fee) for cancellations received on or before six weeks prior to the seminar. No refunds will be granted within six  weeks of the start date. Substitutions are always welcome.

Seminar Cancellation Policy

If registrations are less than 20 three weeks out, or unforeseen circumstances occur, the workshop may be cancelled. In event of cancellation, all registrants will be notified via email and phone calls. An update will also be placed on CSCUL websites and through social media channels. Paid fees will be refund.

Questions?

If you have questions regarding these seminars, call 800-442-5762 ext. 6634 or 469-385-6634 or email jmcbee@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.