EVENT TYPE / COST: North Law Firm 90 minute Webinar, $125
Special Note: Please register and pay for this webinar at www.culaw.com. Because payment must be made to the North Law Firm in advance, AVCU cannot process orders for this event.
How should a creditor report an account after the debtor files bankruptcy?
Creditors are being told they must report some debts with zero balances, others with reduced balances, and still others with full balances.
Sometimes creditors are being told they are obligated to report accounts as being "included in bankruptcy," but on other occasions they are told they are prohibited from reporting accounts that way.
Often these demands are made with little or no legal support.
What is the right way to report an account that is in bankruptcy? An account that has been discharged? Is there a "right way" at all?
HIGHLIGHTS
What the Bankruptcy Code says — and doesn't say — about credit reporting.
How recently adopted regulations relating to the Fair Credit Reporting Act may affect the way you should handle discharged debts.
What we can learn from court decisions about credit reporting of bankrupt accounts.
What important credit reporting issues haven't been discussed in bankruptcy court decisions and why those issues matter.
What factors should creditors take into consideration when formulating policy and when making decisions regarding individual accounts.
The registration fee for this program is $125.00 per telephone/Internet connection if paid by credit card (online or by telephone), $135.00 if paid by check. Checks must be received by NorthLegal prior to the beginning of the program. (Sorry, but we cannot invoice for this event.) For that single price, you may have as many participants as you wish listen (over a single telephone line and Internet connection) in a conference room or office! For more information, call NorthLegal Training and Publications at 623.537.7150.
SPEAKER: Eric North has represented the interests of credit unions 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 subjects affecting credit unions and other financial institutions, and has presented hundreds of programs on behalf of national, state and local leagues and associations from around the country.