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Provided by: Lorman Education Services

Understanding UCC Article 9 Foreclosures

 Lorman Education Services
BenefitsCurrent market conditions pose an alarming rate of defaults on commercial loans not seen in years. With defaults commonplace and secured creditors facing challenges in protecting their interests, foreclosing on assets under UCC Article 9 may be the right option. If appropriate, a public auction, private sale or friendly foreclosure under Article 9 may provide a quick and relatively inexpensive resolution. The UCC foreclosure process contains some pitfalls you need to avoid and obstacles that should be addressed. However, with careful planning, these issues can be addressed and the risks minimized.

This audio conference will discuss key topics for you to consider in weighing foreclosure under UCC Article 9 sale, best practices to effectuate a UCC sale and how to avoid pitfalls inherent in these sales.

This audio conference is designed for attorneys, presidents, vice presidents, branch managers, loan officers, loan department personnel, credit and collection managers, controllers, business executives, accountants and real estate professionals.
This is primarily teleseminar training
Training Presented in:English
Training Provided by Lorman Education Services
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About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies. Please use Priority Code 16175 when registering. Lorman Education Services began offering continuing education seminars in 1987. Lorman Education is dedicated to providing cost-effective training opportunities that...
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Home > Lorman Education Services > Banking > Understanding UCC Article 9 Foreclosures
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