Maximizing collections opportunities during the pandemic: Register now for virtual Collections & Bankruptcy Conference

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With collections undergoing greater regulatory transformation than many other financial-related areas during the current pandemic, the New York Credit Union Association has announced a virtual Collections & Bankruptcy Conference, set for June 3 from 9 a.m. to 3 p.m. The event will focus on teaching participants how to maximize collections opportunities while fine-tuning their bankruptcy processes.

The session will cover:

Maximizing collections opportunities

  • reviewing the foundations of credit union collections;
  • maximizing the virtual workflow;
  • new methods for scoring default risks;
  • review regulatory guidance on working with troubled borrowers;
  • appreciating workout options – from consumer loans to real estate;
  • mining for member service opportunities; and
  • uncovering available rescue resources.

Fine-tuning your bankruptcy process

  • overview of bankruptcy rules – from filing to discharge;
  • avoiding inadvertent violations of the automatic stay;
  • COVID-19 and the bankruptcy process; and
  • account placement checklist.

Join credit union attorney and collections consultant David Reed for this virtual training event as he highlights the latest techniques, tips and trends to maximize your collections and bankruptcy functions in a COVID-19 world.

For more information or to register for the program, visit the Association’s website.

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