Apr 4, 2024
News on the delinquency front is not good. Increased late payments in credit cards and auto loans approaching decade-long highs, combined with the restart of student loan payments, have put pressure on your balance sheet. Are you ready for the increased charge-off volume and confident you are getting the most from the backend of your loan portfolio? “Out of sight, out of mind” shouldn’t describe your charged-off loans. Just because you declare a loan loss internally, doesn’t mean there should be zero recovery.
With an active combination of in-house effort, collection agencies, and law firms, there are many ways to find money in those “worthless” loans. All you need is a plan and the ability to manage it. This webinar will give you both! From the timing of charge-off, to effective third-party placement details, to the science of tracking and comparing recovery results, this webinar will explore the practical side of charge-off recovery.
Thursday April 4th, 2024
11:00am - 12:00pm EST
TAKE-AWAY TOOLKIT
Account placement worksheet
Lifecycle of a charged-off loan
Regulatory guidance
Employee training log
Interactive quiz
PDF of slides and speaker’s contact info for follow-up questions
Attendance certificate provided to self-report CE credits
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
Maximize the timing of charge off
Evaluate in-house versus third-party collections solutions
Choose the best placement option – agency or law firm
Track recoveries on charged-off loans
Understand the impact of statute of limitations
Utilize account recall and re-placement options
Who Should Attend
This informative session is designed for executives, CFOs, lending managers, collections managers, collections staff, and anyone interested in maximizing returns from charged-off loans.
David A. Reed
REED & JOLLY, PLLC
Live $255
On-Demand $255
Live + On-Demand $375
AyZha Hazelwood, Education Meeting Coordinator
Ahazelwood@indiana.bank
317-387-9380