Iowa Bankers Insurance & Services, Inc. Iowa Bankers Mortgage Corporation
Iowa Bankers Association
8800 NW 62nd Avenue
Johnston, IA 50131
Toll-Free: 800-532-1423
Local: 515-286-4300
Fax: 515-280-4140

Event Detail

Event Description

In the current economic environment commercial loan defaults are expected to accelerate. When a default exists your bank may agree to a renewal, extension or significant modification to the loan as the solution. This program will cover guidelines for the Bank in a workout situation, including the documentation to consider before, during and after negotiations take place with borrowers and guarantors. Assessing lien positions and likely recoveries in bankruptcy and in the absence of a workout will also be discussed. Practical information for daily use will be provided.

Covered Topics

  • Defaults Prior to and at Maturity
  • Acceleration of Debt
  • Guidelines for Workout Negotiations
  • Workout Due Diligence Checklist
  • Assessing Your Lien Position and Likely Recovery Absent a Workout
  • Subordination and Intercreditor Agreements
  • Lender Liability Issues
  • Temporary Waivers and Amendments
  • Documenting Renewals, Modification and Extensions
  • Pre-Workout Agreements
  • Workout Agreements, Loan Restructuring Agreements and Forbearance Agreements
  • Effect of Section 4013 of the Stimulus Package on Loan Modifications
  • Tax Issues and COD Income
  • The Basic Business Bankruptcy Framework: Chapter 7 and Chapter 11
  • The Small Business Reorganization Act of 2019 and New Temporary Increased Debt Limits

Who Should Attend?

This program is designed for all commercial lenders, collections and problem loan personnel and their support staff.

Instructions

Live Plus Five - $265
Register for the live event and get five days access to the OnDemand Playback. You'll have opportunity to ask questions during the presentation and be free to review the content for the next five business days. Registration also includes links to presenter materials, handouts, and pdfs.

OnDemand Recording Only - $8295
Includes a weblink for unlimited viewing for 6-months after the date of the webinar as well as a link to handouts. Does not include live session.

CD-ROM and Hardcopy Handouts - $345

CD-ROM plus Hardcopy Handouts. Does not include live session.

Live Plus Six - $365
Attend live; includes six months access to OnDemand playback. Combine the advantages of live attendance with an unlimited number of replays for the next six months.

Premier Package - $395
Includes all three options above. Live session, OnDemand Weblink, and CD-ROM plus Hardcopy Handouts.

Additional Locations
Want your branches to participate? Facilities within your organization will be able to participate without the travel costs of coming to one location.

Webinar (04/28/21 10:00AM - 12:00PM)


Online Registration

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Iowa Bankers Mortgage Corp. (IBMC) offers the products & experience Iowa banks need in the secondary mortgage market.

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Iowa Bankers Insurance & Services (IBIS) offers Iowa banks a full line of insurance products.

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