Bankruptcy 701
Handling Secured Claims in Chapter 7 Bankruptcy
A NorthLegal Webinar presented March 20, 2025
Duration: 1:59 hrs:minutes
| Cost | How to Attend | How to Obtain Handouts |  |
What are the rights of a "secured" creditor in Chapter 7 bankruptcy cases? What are the rights of a debtor who has pledged collateral?
With this online program, attorney Eric North begins a new bankruptcy series focusing on Chapter 7 cases. This first webinar will help new and experienced bankruptcy collectors (and their supervisors) learn about and handle cases in which the creditor holds a security interest in real or personal property. Participants will learn, among other things:
- What it means to be a "secured" creditor. (It isn't as clear as it may seem to be.)
- How the value of collateral is measured, and how it varies depending on the type of collateral and the circumstances.
- When the value of collateral matters, and when it doesn't matter, in Chapter 7 cases.
- What the debtor has the absolute "right" to do with respect to secured loans, and the debtor may only do with the creditor's consent.
- What circumstances allow the debtor (with the court's consent) to "strip away" liens on collateral, leaving the creditor unsecured.
- How a creditor can learn what the debtor intends to do regarding a secured loan.
- Under what circumstances a creditor may insist the debtor provide insurance on collateral.
- What options are available to a creditor if the debtor says he will "surrender" collateral but doesn't actually do so.
As with all NorthLegal webinars, participants are encouraged to send questions you would like answered to Eric in advance of the program so he can try to address them.
NOTE: This program is intended only 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 $190.00 if paid by credit card or $200.00 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 six months! Contact NorthLegal for information.)
How to Attend an On Demand Webinar | How to Obtain Handouts
To attend this NorthLegal Webinar, please do the following:
| • | Register. To register online using a credit card, visit the "Register" link, above. 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 instructions explaining how to use that link to attend the program. |
| • | Download the handout materials using the link appearing in the confirmation email. The confirmation email also includes the password needed to open the materials. |
Speaker: Eric North
Eric North is an attorney who represents the interests of credit unions and other financial institutions respect to litigation, compliance, governance, bankruptcy and collections matters. 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.
Live program scheduling conflict?
No problem! Registration for a NorthLegal webinar automatically entitles you to watch it live AND to watch the archived version as many times as you like for 180 days!
If you or your staff can't make the live program, you still have plenty of time to watch at a time that is more convenient for you!