ALL DAY UTAH BANKRUPTCY TRAINING
with Eric North, Attorney at Law
Thursday, April 3, 2014
9:00 am - 4:30 pm
THE GOOD AND THE BAD NEWS...
The good news is that bankruptcy filings decreased again in 2013. The bad news is that Utah still had substantially more filings last year than it did during any year through 2009. In other words, current filing rates only look low when compared to the extreme rates during the height of the economic crash; they are still staggeringly high when compared to what Utah experienced even a few years ago (when we complained about how high they were)!
In the end, it doesn't really matter where filings stand this year vs. last year, though. What matters is how much your credit union has lost or is likely to lose in current and future bankruptcy cases. What portion of your loan losses last year were due and what portion of the losses you project for this year will be due to bankruptcy or the threat of bankruptcy?
You can't stop bankruptcy filings or losses, but with training and diligence most credit unions can save thousands or tens of thousands of dollars each year. To help you do that, Utah's Credit Unions is bringing well-known attorney, consultant and trainer Eric North back to Salt Lake City on April 3 to provide practical information that will show you just what steps to take to improve your bottom line.
Topics discussed will include the following:
New bankruptcy forms
Avoiding common mistakes when completing Proofs of Claim
How to make the best use of the First Meeting of Creditors
Protecting your security interest in Chapter 7 cases (including reaffirmation and redemption issues)
Protecting your security interest in Chapter 13 cases (including avoiding long delay in payments)
May you (and must you) send periodic statements during bankruptcy
Other issues may be covered too. In fact, if there are any specific bankruptcy-related topics you would like Eric to talk about, send him an email at firstname.lastname@example.org and he'll try to fit it into the program!
Registration for this event may be made online at www.utahscreditunions.org under events. Conference fee is $185.00 per person.