Bankruptcy and Collections Conference
January 14 – 15, 2025
Brought to you by NASCUS and the Tennessee Credit Union League
The Collections and Bankruptcy Conference is designed to equip debt collection and bankruptcy professionals with valuable insights, tools, and strategies. This event gathers credit union professionals, loan officers, attorneys, debt collectors, bankruptcy specialists, and compliance officers to explore the latest industry trends in depth. You can sign up for the entire conference or choose only the Collections or Bankruptcy track. You decide!
The conference will feature expert speakers and engaging panel discussions on a variety of key topics, including:
Latest Trends in Collections: Learn about modern strategies for effective debt recovery, including legal considerations, customer-centric approaches, and leveraging technology for efficiency.
Bankruptcy Law Updates: Hear from a legal expert on recent developments in bankruptcy laws and new regulations and how they impact creditors and financial institutions.
Regulatory Compliance: Stay current with the latest regulatory requirements, including consumer protection laws, fair debt collection practices, and guidance from agencies like the CFPB (Consumer Financial Protection Bureau).
Handling Delinquencies: Practical sessions on managing delinquencies and working with members to create payment solutions.
Bankruptcy Case Management: Sessions on streamlining the bankruptcy process, from filing to discharge, and maximizing recoveries in both Chapter 7 and Chapter 13 bankruptcies.
Credit Union-Specific Challenges: Focused sessions on the unique aspects of collections and bankruptcy in the credit union environment, including working with members facing financial hardship.
Networking Opportunities: Connect with your credit union peers to exchange ideas and best practices.
Attendees will leave the conference with actionable insights, practical tools, and a deeper understanding of how to navigate the complexities of collections and bankruptcy. By ensuring compliance and maximizing recovery, participants will be better equipped to drive success for their organizations.
Collections Schedule – All times CST
Tuesday, January 14, 2025 | |
|---|---|
8:30 - 9:00 am | Registration |
9:00 - 4:00 pm | Training (Lunch Provided) |
- How to create, perfect, and enforce security interests in titled and untitled collateral, including all needed forms and methods.
- How to avoid traps of inadvertent default waivers, the Rapson Rule, and automatic statutory penalties for notice failures.
- Suggested methods to reliably communicate with reluctant debtors – at least once.
- Whether, when, and how to preserve and enforce liens on deposits against debts, and when NOT to.
- The advantages of loan modifications over loan re-writes or refinancing
- How debtors use the UCC to cure their defaults using the CU’s money instead of their own
- How to avoid the pitfalls of the Military Lending Act & Servicemembers’ Civil Relief Act.
Bankruptcy Schedule – All times CST
Wednesday, January 15, 2025 | |
|---|---|
8:30 - 9:00 am | Registration |
9:00 - 4:00 pm | Sessions (Lunch Provided) |
- Whether, when, and how to freeze vs. seize deposits in the face of bankruptcy
- Proper use of the PACER, EBN, and the DoD active service websites
- Whether, when, and how to assert recorded and unrecorded liens on collateral
- Post-petition communication with bankrupted members
- Adoption, application, and enforcement of a “No
- Privileges of Service” Rule vs. outright expulsion of a member
- Proper preparation and documentation of Proofs of
- Claim in Ch. 13
- Application of the Cross-collateral clause in bankruptcy
- Valuation of Collateral and Objections to Plans
- Mortgage Loan claims, late fees, and expense recoupment in Ch. 13
Speaker
Smith Debnam Law
Frank Drake
About the Speaker
Frank Drake concentrates his practice in the areas of creditors’ rights, creditors’ bankruptcy, and commercial litigation. Frank has worked with credit unions, banking and financial institutions, consumer and commercial lenders, and student loan agencies to enforce contracts, minimize losses, and fight fraud. As federal regulatory compliance has become increasingly complex, he assists lenders with difficult compliance issues. He has more than 30 years of legal experience. He was first admitted to practice law in Kentucky in 1978. Since then, he has been admitted to practice in North Carolina and West Virginia. In Kentucky, he was active in drafting statutory law on judgments and garnishments, the design and use of that state’s judgment execution forms, and policies and procedures concerning foreign judgment registration and land records docketing. Frank has taught classes on bankruptcy and commercial law for the Indiana Bankers Association at Butler University, the National Association of State-Chartered Credit Union Supervisors, and various states’ Credit Union Leagues. He also served as a speaker for several student loan lending agencies, credit unions, and state and local bar associations. Additionally, he has held compliance seminars for his clients to update them on the ever-changing creditors laws. Frank is listed as a Best Lawyer in the 22nd Edition of The Best Lawyers in America©, an established benchmark of legal excellence.Embassy Suites by Hilton Nashville Airport
Location
Embassy Suites by Hilton Nashville Airport
10 Century Boulevard, Nashville, TN 37214
Conference Rate: 2 Room Suite – $139 + tax
Your stay with Embassy Suites by Hilton includes
- ✓ Free made-to-order breakfast
- ✓ Complimentary evening reception
- ✓ Non-smoking rooms
- ✓ Airport shuttle
- ✓ On-site restaurant
- ✓ Indoor pool
- ✓ Fitness center
- ✓ Pet-friendly rooms
- ✓ Business center
Book by December 23, 2024, to get the special rate