Drafting and Enforcing Cross-Collateral Clauses
A NorthLegal Webinar presented April 25, 2013
Approximate Duration: 1:55 hrs:min
Cost/Registration | How to Attend a Webinar
Enroll Now
Handout Materials
After enrolling, click here to obtain the handout materials in PDF. Then contact NorthLegal (623.537.7150) to obtain the password you will need to open those materials.
Are "cross-collateral clauses" enforceable?
It's one of the most frequently asked questions at collections and bankruptcy seminars, and it's the subject of wildly conflicting opinions among lawyers and even courts. Meanwhile, consumer financial institutions use them to successfully collect hundreds of thousands of dollars each year!
What are cross-collateral clauses anyway? How are they used in real life situations? What does the law say about them? How can your financial institution make the most of them?
During this program, attorney Eric North talks with participants regarding:
- Why some courts don't like cross-collateral clauses, and what you can do to address their concerns.
- The laws that govern the use of cross-collateral clauses.
- How to tell a good cross-collateral clause from a bad cross-collateral clause.
- Errors your financial institution can make that may cause you to lose the benefit of a perfectly good cross-collateral clause.
- Why the full support of management is absolutely essential for a successful cross-collateral clause program.
- How to properly and effectively use your financial institution's cross-collateral clauses!
NOTE: This program is intended for employees of consumer lending
institutions. Please contact NorthLegal Training and Publications to obtain approval
before registering if you are not an employee of a consumer lending institution.
Cost/Registration
The fee to attend this archived program is $160.00 if paid by credit card or
$170.00 if paid by check. For that fee, you or someone from your financial
institution may view this program as often as you like for a period of 30 days..
How to Attend a Webinar
To attend this NorthLegal Webinar, please do the following:
| • | Register. To register online using a credit card, visit the "Enroll Now" link shown above. To register by mail, call NorthLegal at 623.537.7150. |
| • | Check your email. Within moments after you complete the registration process you should receive two emails. One will be a receipt for the transaction and the other will contain a link and detailed instructions explaining how to use that link to attend the program. |
| • | Download the handout materials by clicking the "Handout" link shown above. |
| • | Call NorthLegal to obtain the password to open the handout materials. |
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Speaker: Eric North
Eric North, the primary speaker at the programs listed on this site, has represented the interests of credit unions and other financial institutions as an attorney with respect to litigation, compliance, governance, bankruptcy and collections matters since 1984. Eric has appeared in state and federal courts throughout the State of California, and has argued before the Ninth Circuit Court of Appeal.Eric is also a nationally recognized speaker on legal issues relating to consumer lending institutions, and has presented hundreds of programs on behalf of national, state and local leagues and associations from around the country.
Webinar scheduling conflict? No problem. Registration for a NorthLegal Webinar allows you to watch it live AND allows you or others from your financial institution to watch it as often as you like for 30 days! If you can't make the live program, you still have plenty of time to watch at a time that is more convenient for you!