Gain an understanding of unique collection situations and what can be done to manage them.
This topic will discuss how a collection law firm addresses and handles unique collection situations. The discussion will include client review and response to the unique collection situation. The material will also review how to use promissory notes and guarantees and discuss what to do if the debtor is out of state. The speaker will help identify possible situations before suit and how to deal with the client with these unique situations. When litigation is pursued, creditors and their collection partners should always be aware of the risk of counterclaims, which can include breach of contract, fraud, and consumer-protection claims.
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
International Collections
Working With Checks, Notes, and Guarantees
Fraud Issues
What to Do If You Have Had a Bad Check?
Examples of Unique Collection Situations and What Should Have Been Done to Minimize and/or Manage Them
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Credit
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on December 15, 2021.
Call 1-866-352-9540 for further credit information.
- CA MCLE 1.0
- Lorman Education Services is a State Bar of California approved MCLE sponsor and this course qualifies for 1.0 CLE hours of participatory credit.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Credit
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Lynda L. Laing
Strauss Factor Laing & Lyons
- Partner at Strasss Factor Laing & Lyons
- Practice areas include creditor rights and bankruptcy
- Regular speaker in the area of creditor rights
- J.D. degree, Case Western Reserve University; B.A. degree, Albion College
- Can be contacted at [email protected] or 401-456-0700
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Why Lorman?
Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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