2025 Collection Do's and Don'ts: Understanding the Collection, Foreclosure, and Bankruptcy Process
Virtual

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Program Agenda
Program - 9:00 a.m. - 11:00 a.m.


A long-time lender once said, "I've never made a bad loan, but I've had loans go bad." This simple statement shows that no matter how much tie and effort that is put into making a good loan, things can go bad despite the bank's best efforts. As a result, every loan officer should have a fundamental understanding of the collection process for consumer, commercial, and agricultural loans, as well as how judicial foreclosure is designed to work in Kansas. Finally, lenders should have a basic understanding of the bankruptcy process to ensure that the bank's interests are protected. Join the KBA Legal Department's Terri Thomas and Jamie Cosgrove to find out more about the collection, foreclosure, and bankruptcy process.

Topics Include:

  •  The notices that must (or should) be sent to past due  borrowers;
  • What bankers are allowed to do on their own to collect past due loans;
  • Considerations for determining whether the bank should exercise its rights to self-help repossession versus seeking replevin, or foreclosure with money judgment;
  • How bankers can exercise their creditor rights in bankruptcy to ensure the maximum amount is recovered on a loan subject to Chapter 7, 11, 12, or 13.

Who Should Attend
Lenders, loan operations personnel, compliance officers, and attorneys.

Program Presenters
Terri D. Thomas, J.D.,  EVP/COO, Kansas Bankers Association
With over 40 years of banking experience, Terri brings real world instruction delivered in an upbeat and relaxed style.

Jamie Cosgrove, J.D., VP - Manager, Legal Department, Kansas Bankers Association
Jamie Cosgrove completed her law degree after working for 20 years in commercial banking. Her combined experiences as a lender and attorney allow her to appreciate the dynamics lenders face in maintaining and growing loan portfolios.

Registration fees are based off the bank/company asset size. Registration fees are per bank/company, not individual. This fee includes all bank/company locations in Kansas.

We understand that circumstances arise requiring cancellation. Once you receive the electronic confirmation and materials, there will be NO refunds. There is no limit to the number of employees that can attend the virtual session from your institution. Please register using the COMPANY login ID and password when registering more than one individual. If you have more than one attending, please email Natalie Wareham at nwareham@ksbankers.com. No video or audio recording allowed.