Bankruptcy -
What You Need to Know
(Basic Concepts Presentation)

Presented by:
Sam Ott

PURCHASE THE ARCHIVED WEBCAST

A record number of over 1.5 million bankruptcy petitions were filed in the United States last year. There was approximately one filing for every 69 households. Unfortunately, the trend appears to be continuing and will affect every financial institution. This webinar will introduce you to the basic concepts of bankruptcy and the actions that need to be taken when you receive notice of the filing of a bankruptcy petition involving a customer.

What You Will Learn:
  • Bankruptcy terminology
  • Overview of bankruptcy laws
  • Different types of bankruptcies and forms
  • How to complete a proof of claim
  • Time frames for filing claims
  • How to work effectively with the trustee
  • How the debtor's exemptions can impact your collateral
  • How to recover your collateral
  • How to exercise your right of set off
Who should attend:
The webinar is designed for those whose job responsibilities include lending, collections, work-outs, problem accounts, compliance and auditing.

About the speaker:  Sam Ott
Sam D. Ott, Associate Editor of BankersOnline and Executive Vice President of Glia Group, Inc., is a former in-house legal counsel for state and national banks with over 21 years experience in the financial industry.

As an in-house banking attorney, Sam responded daily to questions raised by bank personnel on topics ranging from financial privacy, bank fraud, customer accounts, trust matters and loan preparation issues, to garnishments, levies and the UCC. He oversaw all legal matters for the organizations on banking rules and regulations, commercial law, securities law, labor law, real estate, bankruptcy, and insurance activities. In addition, he analyzed, counseled and advised management on the legal implications of major operational and strategic decisions. Sam originated, drafted and disseminated bank policies and procedures governing the activities of the entities. In addition to these functions, he developed and taught numerous seminars regarding the Uniform Commercial Code with special emphasis on Articles 3, 4 and 9.

Sam has made numerous presentations for various state banking associations on topics of interest to financial institutions and their employees.

About the seminar:
One registration is required per location. If the complete broadcast is received via the computer the AUDIO and VIDEO COMPONENTS can be connected to an A/V projector to allow multiple participants to view the conference. If the audio portion of the broadcast is received via the telephone the AUDIO portion can be placed on speaker phone to allow multiple participants. Interactive components delivered via Web include slides, online polls and interactive Q&A via chat.

Each registration also comes with one ARCHIVED viewing of the event. This will enable you to participate in the LIVE event as well as train additional staff from the ARCHIVED event.

Handouts will be provided and we welcome questions during and after the seminar, as well as in advance. Questions received after the seminar will be posted on a special Web page for later viewing by seminar attendees.

Contact Information: Billing questions can be directed to Carin Eisenhauer, carin@bankersonline.com. All other questions may be directed to mpetry@bankersonline.com

TEST YOUR SYSTEM: Click below to test receiving the presentation using Windows Media Player.