Join LSCU for a 1099 Reporting Webinar

The League of Southeastern Credit Unions & Affiliates (LSCU) is excited to bring you a 1099 Reporting: Foreclosures, Repossessions & Debt Settlements webinar on November 18, 2021. This 90-minute webinar will help you learn how to accurately complete Forms 1099-A and 1099-C with this line-by-line instructional program.

After this webinar you’ll be able to:

  • Properly complete Form 1099-A: Acquisition or Abandonment of Secured Property and Form 1099-C: Cancellation of Debt
  • Understand which forms must be filed when foreclosing on real property versus repossessing personal property – and the exclusions
  • Explain the process if the property isn’t acquired at a foreclosure sale
  • Distinguish what constitutes cancellation of debt for purposes of Form 1099-C
  • Handle debtors who file bankruptcy


Elizabeth Fast, JD & CPA
Spencer Fane LLP

Elizabeth Fast is a partner with Spencer Fane Britt & Browne LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions.

Register Today!

Written by
Lizeth George
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About Us

The League of Southeastern Credit Unions & Affiliates represents 302 credit unions in Alabama, Florida and Georgia, with a combined total of $175 billion in assets and more than 11.6 million members. LSCU & Affiliates provides legislative and regulatory advocacy; education and training; cooperative initiatives (including financial education outreach); public messaging; information services; and business solutions.

LSCU Mission Statement

To create an environment that enables credit unions to grow and succeed.

LSCU Vision Statement

To be the trusted advocate and preferred source of information for credit unions.

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