The Collections & Bankruptcy School Training is available through the League of Southeastern Credit Unions & Affiliates’ (LSCU & Affiliates) On-Demand program. On-Demand trainings are pre-recorded sessions for you to view at your leisure. Once you register, you will receive instructions on how to login to view the trainings.
Day 1 – Collections Training
If your credit union is focusing solely on the delinquency report to identify troubled members, you are ready for an upgrade! There was once a time when the collections function was one of the most underappreciated areas of the credit union. Guess what? That time is over! The current regulatory environment is having a negative impact on many of your members and credit unions are in a unique position to assist them, as long as they avoid the landmines along the way.
Day 2 – Bankruptcy Training
Bankruptcies continue to be a dark cloud on the credit union’s economic weather report, and it looks like the storm is just getting started. Rising filings and new rules are making the collections process even harder after a member “commits bankruptcy” against the credit union. This session is designed for the credit union professional that is familiar with bankruptcy and wants to sharpen their skills in this debtor friendly world. We will examine the current state of consumer bankruptcy and how it continues to impact credit unions. This full day seminar will focus on advanced bankruptcy recovery and loss reduction concepts.