Small Claims and Security Realization
Who Should Attend
This eClass is comprised of two 90-minute independent pre-work sessions and two 90-minute online group sessions. There is also a post session quiz that must be completed after Session 2. Completing all eClass components is required to be credited with completing this course. (See page 2 for additional details.)
The fundamental aim of an effective collection process is to protect the credit union’s position, mitigate risk and seek ways to bring delinquent loans current. When all else fails the only options left available to us may be realizing on our security or suing our member through the courts to recover our funds.
This eClass builds on the lessons learned in Applied Delinquency and Collections. Learners will utilize detailed case studies and realistic scenarios that require thorough analysis and comprehensive understanding of the underlying principles in order to make well-reasoned recommendations and decisions when security realization or legal action...(See More)