As a collection professional, bankruptcy laws can be difficult to decipher. For example, a consumer who owes you a debt has filed for protection under the bankruptcy laws. Do you know if your collection efforts can be continued? Not being sure could mean you are not collecting money you are rightfully owed. Bankruptcy Code also provides protection to parties who have extended credit prior to the date of the debtor's petition for bankruptcy. Knowing your rights as a creditor is of the utmost importance and this collections and accounts receivable training workshop will help.
What You'll Learn
- The basics of bankruptcy — plain English explanations of common terms and actions
- The different types of bankruptcy
- Bankruptcy discharge
- Steps to take when your debtor files bankruptcy
- How to answer frequently asked questions that could mean the difference between collecting money owed to you and getting nothing
- And much more!
Who Will Benefit
Collection professionals who are interested in learning more about their rights and options when debtors have filed for protection under the Bankruptcy Code will benefit from this program.