Archived Webinar

After the Bankruptcy Discharge
A NorthLegal Webinar Presented June 9, 2016
Duration: Approximately 1:45 hr:min

Cost/Registration | Regions Affected | How to Attend a Webinar

Enroll Now

Click here to register to watch this program with a coupon code or using a credit card. Call NorthLegal at 623.537.7150 to discuss registration by any other method.

Handout Materials

After enrolling, click here to obtain the handout materials in PDF. Then contact NorthLegal (623.537.7150) to obtain the password you will need to open those materials.

 

 

The bankruptcy is over. "Discharge" has been entered. Now what?

You know you can't try to collect from the debtor (or can you?), but what does that really mean?

Are you required to stop sending periodic statements? Are you required to continue to send them? Does a "For informational purposes only" disclaimer help?

May you accept payments the debtor voluntarily makes? What if the debtor offers to pay in full; may you accept it?

If the debtor said he intends to "retain and pay" and has been making voluntary postpetition payments after the discharge and then misses one, may you send a reminder? If the debtor wants to talk about the debtor's options, what can and can't you say?

May you give the debtor an extension of the time to pay? May you modify the loan in a way that is in the debtor's favor? May you rewrite the loan? Does it matter if the debtor asks for the extension, modification or rewrite? Does it matter if there is a non-bankrupt cosigner? Does it matter if you extend new credit as part of the rewrite?

Are the answers different if the bankruptcy was filed under Chapter 7 or under Chapter 13?

How are real property-secured loans and certain other long-term loans treated differently than other debts after discharge?

Just because the bankruptcy is over doesn't mean the relationship between your financial institution and the debtor is over. Often you will continue to do business for years after the discharge, but with a relationship that may have been chagned by the bankruptcy case.

During this program, attorney Eric North will answer these questions, and more. Participants will also learn:

What debts are and what debts are not discharged in Chapter 7 and Chapter 13 bankruptcy.
What efforts to collect discharged debts are permitted by the Bankruptcy Code?
Tips for communicating with discharged debtors both orally and in writing.

NOTE: This program is intended for employees of consumer lending institutions. Please contact NorthLegal Training and Publications to obtain approval before registering if you are not an employee of a consumer lending institution.

Cost/Registration
The fee to attend this archived program is $160.00 if paid by credit card or $170.00 if paid by check. For that fee, you or someone from your financial institution may view this program as often as you like for a period of 180 days. (NOTE: If your financial institution registered for the live program, you already have free access to the archvied version for 180 days! Contact NorthLegal for information.)

How to Attend a Prerecorded Webinar
To attend this NorthLegal Webinar, please do the following:

Register.  To register online using a credit card, visit the "Enroll Now" link shown in the box at the top of this page. To register by mail, call NorthLegal at 623.537.7150.
Check your email. Within moments after you complete the registration process you should receive two emails.  One will be a receipt for the transaction and the other will contain a link and detailed instructions explaining how to use that link to attend the program. 
Download the handout materials by clicking the "Handout" link shown above.
Call NorthLegal to obtain the password to open the handout materials.


 

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Speaker: Eric North

Eric North, the primary speaker at the programs listed on this site, has represented the interests of credit unions and other financial institutions as an attorney with respect to litigation, compliance, governance, bankruptcy and collections matters since 1984. Eric has appeared in state and federal courts throughout the State of California, and has argued before the Ninth Circuit Court of Appeal.

Eric is also a nationally recognized speaker on legal issues relating to consumer lending institutions, and has presented hundreds of programs on behalf of national, state and local leagues and associations from around the country.
Watching your training budget? NorthLegal Webinars allow you to train multiple employees for one low fee.

Webinar scheduling conflict? No problem. Now if you register for a NorthLegal Webinar before the program begins entitles you to watch it live AND to watch the archived version as many times as you like for 180 days!  If you can't make the live program, you still have plenty of time to watch at a time that is more convenient for you!