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    Four Common Mistakes Lenders Make (That Lead to Lawsuits From Debtors.)

    Tuesday, July 17, 2018 - 11:00 AM - 12:30 PM ET
    $149.00
    *
    When you register for this session, you will receive a complimentary Toolkit that will include examples of forms used and notable legal resources your institution needs to avoid lawsuits. The best defense is to not need a defense. The financial struggles of the past ten years have led to an explosion of lawsuits filed by debtors, who increasingly see aggressive litigation as a way to force lenders to reduce or even eliminate debts. Being a defendant in a suit can cost hundreds of thousands of dollars in legal fees and lost productivity even if you ultimately win the suit: key employees will have to take time off to be deposed, records will have to be provided, and the unwanted publicity and scrutiny will take its toll on the company’s public image and profitability. The best way to avoid legal trouble is not to give it a foothold in the first place. Your employees need to know what things they are doing that lead to lawsuits, and how to avoid making those costly mistakes. This seminar will help you critically assess the legal exposure your company already faces from things your employees are doing every day; this seminar is the proverbial “ounce of prevention” that will help reduce or eliminate most of your litigation expenses. Plus, the information you’ll gain will help you establish practices that will make your company function better overall: better supervision and information-retention procedures mean better employees and a better company.

    When you register for this session, you will receive a complimentary Toolkit that will include examples of forms used and notable legal resources your institution needs to avoid lawsuits. 

    Overview

    The best defense is to not need a defense. The financial struggles of the past ten years have led to an explosion of lawsuits filed by debtors, who increasingly see aggressive litigation as a way to force lenders to reduce or even eliminate debts.

    Being a defendant in a suit can cost hundreds of thousands of dollars in legal fees and lost productivity even if you ultimately win the suit: key employees will have to take time off to be deposed, records will have to be provided, and the unwanted publicity and scrutiny will take its toll on the company’s public image and profitability.   

    The best way to avoid legal trouble is not to give it a foothold in the first place. Your employees need to know what things they are doing that lead to lawsuits, and how to avoid making those costly mistakes.

    This seminar will help you critically assess the legal exposure your company already faces from things your employees are doing every day; this seminar is the proverbial “ounce of prevention” that will help reduce or eliminate most of your litigation expenses.   

    Plus, the information you’ll gain will help you establish practices that will make your company function better overall: better supervision and information-retention procedures mean better employees and a better company.

    What You’ll Get From This Webinar:

     

    • A comprehensive overview of the most common, and costly, claims lenders face from debtors, and how to avoid them.

     

    • A detailed discussion of how ordinary lending practices create huge liabilities.

     

    •  An overview of the state and federal laws your staff must know and understand to avoid legal difficulties.

     

    •  A review of litigation procedures that can quickly (and cost-effectively) end a lawsuit.

     

    • An analysis of how to maintain records and employee files to streamline your response to litigation.

     

    • A well-researched downloadable set of materials that will expand on and explain further the topics discussed in the seminar, and includes examples of forms used and notable legal resources you need.

     

    Covered Topics

    Getting sued means spending money on nonproductive areas, like legal fees, document production, employee travel and litigation expenses, and the like. Add to that the risk of write-downs or loans, damages being assessed, and harm to company reputation, and you can see that even a single lawsuit is one too many. This session will highlight the following issues:

    • Learn about fiduciary obligations, and why they are bad for your business.
    • Understand how to better supervise employees to avoid hidden pitfalls in enforcement.
    • Find out why last-minute changes can lead to years of litigation. 
    • Gain insight into when cross-collateralization creates problems.
    • Work through the “alphabet soup” of RESPA, TILA, the FCRA, FDCPA, Regulation Z, and other state and federal laws that impose liability for things your employees do every day.

    Who Should Attend?

    The following personnel will want to attend this webinar to better understand how internal actions (or inactions) lead to costly lawsuits:

    • Commercial Lenders
    • Consumer Lenders
    • Loan Officers
    • Branch Managers
    • Board Members
    • In-house Counsel

    This session will help you understand how overall policies and procedures may be creating significant problems for your institution.

    You may train as many individuals as you like for one set price.  There will be no travel costs, time lost from work and no one will be required to leave the institution.

     

    Products specifications
    CE Credits 2.5
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    When you register for this session, you will receive a complimentary Toolkit that will include examples of forms used and notable legal resources your institution needs to avoid lawsuits. 

    Overview

    The best defense is to not need a defense. The financial struggles of the past ten years have led to an explosion of lawsuits filed by debtors, who increasingly see aggressive litigation as a way to force lenders to reduce or even eliminate debts.

    Being a defendant in a suit can cost hundreds of thousands of dollars in legal fees and lost productivity even if you ultimately win the suit: key employees will have to take time off to be deposed, records will have to be provided, and the unwanted publicity and scrutiny will take its toll on the company’s public image and profitability.   

    The best way to avoid legal trouble is not to give it a foothold in the first place. Your employees need to know what things they are doing that lead to lawsuits, and how to avoid making those costly mistakes.

    This seminar will help you critically assess the legal exposure your company already faces from things your employees are doing every day; this seminar is the proverbial “ounce of prevention” that will help reduce or eliminate most of your litigation expenses.   

    Plus, the information you’ll gain will help you establish practices that will make your company function better overall: better supervision and information-retention procedures mean better employees and a better company.

    What You’ll Get From This Webinar:

     

    • A comprehensive overview of the most common, and costly, claims lenders face from debtors, and how to avoid them.

     

    • A detailed discussion of how ordinary lending practices create huge liabilities.

     

    •  An overview of the state and federal laws your staff must know and understand to avoid legal difficulties.

     

    •  A review of litigation procedures that can quickly (and cost-effectively) end a lawsuit.

     

    • An analysis of how to maintain records and employee files to streamline your response to litigation.

     

    • A well-researched downloadable set of materials that will expand on and explain further the topics discussed in the seminar, and includes examples of forms used and notable legal resources you need.

     

    Covered Topics

    Getting sued means spending money on nonproductive areas, like legal fees, document production, employee travel and litigation expenses, and the like. Add to that the risk of write-downs or loans, damages being assessed, and harm to company reputation, and you can see that even a single lawsuit is one too many. This session will highlight the following issues:

    • Learn about fiduciary obligations, and why they are bad for your business.
    • Understand how to better supervise employees to avoid hidden pitfalls in enforcement.
    • Find out why last-minute changes can lead to years of litigation. 
    • Gain insight into when cross-collateralization creates problems.
    • Work through the “alphabet soup” of RESPA, TILA, the FCRA, FDCPA, Regulation Z, and other state and federal laws that impose liability for things your employees do every day.

    Who Should Attend?

    The following personnel will want to attend this webinar to better understand how internal actions (or inactions) lead to costly lawsuits:

    • Commercial Lenders
    • Consumer Lenders
    • Loan Officers
    • Branch Managers
    • Board Members
    • In-house Counsel

    This session will help you understand how overall policies and procedures may be creating significant problems for your institution.

    You may train as many individuals as you like for one set price.  There will be no travel costs, time lost from work and no one will be required to leave the institution.

     

    Products specifications
    CE Credits 2.5
    Product tags
    Presenter:

    Briane Pagel

    Briane Pagel has represented lenders and debtors in litigation for nearly two decades, during which time he has brought and defended numerous claims involving lender liability. Among the landmark cases he has been involved in were cases which imposed significant notice requirements on lenders before filing suit and which prohibited creditors from enforcing loans and judgments against debtors. He has won hundreds of thousands of dollars in damages for his clients in such litigation.

    Attorney Pagel has been a partner in and managed two law firms with avid bankruptcy and collection practices, and has practiced in state and federal courts as well as in commercial and consumer arbitration forums.

    Attorney Pagel was selected by the Supreme Court of Wisconsin’s Shirley Abrahamson (then Chief Justice) to serve on a panel of lawyers investigating disciplinary complaints against other lawyers, and has presented numerous seminars to judges and lawyers at the request of the State Bar of Wisconsin and other legal groups.