A NorthLegal Webinar presented 12/16/2010
(Appx. 2 hr. 16min)
Cost/Registration | Regions Affected | Co-Hosts | How to Attend a Webinar
With the end of the year approaching, now is a great time to take a close look at your 1099-C "Cancellation of Debt" reporting policies.
Enroll
Handout Materials
Post-Program FAQs
- Exactly when a 1099-C must be filed? At charge-off? Sooner? Later?
- What are your risks if you report too early? If you report too late? If you report for the wrong year?
- When and under what circumstances should bankrupt accounts be reported? Is there anything wrong with reporting even if you don't have to?
- Should losses sustained after foreclosure be reported? What about short sales?
- Can you get in trouble for using the threat of a 1099-C as a collection tool? May you agree not to file a 1099-C in order to get a better settlement?
- Who is responsible for reporting accounts that have been assigned to a collection agent?
- What are your responsibilities when a debt that has been reported with a 1099-C is paid in full or in part?
And the big question:
- May a financial institution sue to recover a debt even after filing a 1099-C?
Join credit union professionals from across the country to learn the steps you can take before the end of 2010 to help you avoid wasting time with unproductive reporting while still ensuring your credit union is in compliance!
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 registration fee for this program is $145.00 per telephone/Internet connection if paid by credit card (online or by telephone), $155.00 if paid by check. (Checks must be received by NorthLegal prior to the beginning of the program. Sorry, but we cannot invoice for this event.) For that price, you may have as many participants as you wish listen (over a single telephone line and Internet connection) in a conference room or office!
Regions Affected
This program is not state-specific, and will be important to credit unions from around the country.
Co-Hosts
Although financial institutions from any state may attend this program, this program is jointly hosted by NorthLegal Training and Publications, by credit union and other consumer lending institution leagues and associations serving:
| Arizona | New Mexico | |
| California | Nevada | |
| Colorado | North Dakota | |
| Delaware | Oregon | |
| Hawaii | Pennsylvania | |
| Kansas | Rhode Island | |
| Kentucky | South Dakota | |
| Louisiana | Tennessee | |
| Massachusetts | Utah | |
| Minnesota | Vermont | |
| Mississippi | Washington | |
| Montana | West Virginia | |
| Nebraska | Wisconsin | |
| New Hampshire | Wyoming | |
| New Jersey |
by the following local or regional associations:
- The California Credit Union Collectors Council
- The New England Adjustment Managers Association
- The NorthWest Credit Union Collectors Association
and by the law firm of
Moore, Brewer, Jones, Tyler & North
(Participants do not have to be members
of any of those leagues or associations in order to attend.)
How to Attend a Webinar
To register for a prerecorded NorthLegal Webinar using a credit card, visit
the link shown earlier on this page. (You may also register by mailing
a check to NorthLegal, but there is a small extra fee. Call for information
if you want to register by mail.)
After you register, an email will be sent
to you with an "Access Code" and
with instructions showing how to use that Access Code to attend the program.
(If you already have an Access Code you can skip the registration.) An Access
Code may be used only one time, and is only valid for 7 days after it is
issued. If you miss that deadline, just contact us and we'll re-issue the
Access Code.
To attend this program you will need access to an Internet connection.
Both the audio portion and the slide presentation will be accessed through
your computer. More details about how to participate will be provided upon
registration or (if you would like details before registering) may be obtained
by calling NorthLegal Training and Publications.
» NorthLegal Bankruptcy Conference
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. Just register, skip the program, and contact NorthLegal to arrange a replay of the presentation at a time that is more convenient for you. You get all the benefits of a live program, plus the ability to "pause" the program to take notes or to discuss the materials being presented.