Training
Provided by 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 that creditors need to avoid and obstacles that should be addressed. However, with careful planning, these issues can be addressed and the risks minimized.
This teleconference will discuss key topics for creditors to consider in weighing foreclosure under UCC Article 9 sale and best practices to effectuate a UCC sale and avoid pitfalls inherent in these sales.
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 |  | Contact Lorman Education Services for more information |
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| Training Presented in: | English |
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