Collecting Defaulted Loans - New
Course Number: Seminar
Course Code: n/a
This course is designed to assist banking professionals in understanding the civil litigation process as it relates to mortgage foreclosures, deficiency judgments, suits against borrowers and guarantors and other actions related to loan collection. Special assets officers, loan officers, credit officers, loan document preparation specialists, loan booking specialists, in house counsel, paralegals, and other bankers involved in the loan collection process will benefit from this course by gaining an understanding of our civil court system and how a case proceeds from start to finish, how to minimize delays in the process, addressing common defenses brought by borrowers and guarantors, how deficiency judgments are obtained and, more importantly, collected, the impact of bankruptcy on loan collection litigation and more! The focus is on commercial loans but bankers working with residential and consumer credits will also benefit as the majority of the concepts discussed are applicable there as well. The course materials will include a copy of the instructor’s most recent book entitled Mortgage Foreclosure and Loan Collection: A Practical Guide for Lenders.
Topics covered will include:
– Loan defaults and remedies
– Analyzing the collateral lien position
– Understanding the mortgage foreclosure process
– Obtaining and collecting deficiency and other money judgments
– Managing litigation costs
This seminar is taught by a Florida attorney with more than 30 years of experience in representing banks and other lenders in mortgage foreclosure and other loan collection actions.
Audience: Special Assets Officers, Loan Officers, Credit Officers, Loan Document Preparation Specialists, Loan Booking Specialists, In-house Counsel, Paralegals, and other bankers involved in the loan collection process