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WEBExpress: Loan Defaults – How to Recognize and What to Do Next
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WEBExpress: Loan Defaults – How to Recognize and What to Do Next

When: August 6, 2020
Noon-1:30 pm CENTRAL
Access instructions provided via email approx. 24 hours prior to event
United States
Contact: NAGGL

Online registration is closed.
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August 6

WEBExpress: Loan Defaults – How to Recognize and What to Do Next                                                                              

LIVE Presentation Runs (90 minutes): 1:00-2:30 pm EDT | Noon-1:30 pm CDT | 11:00 am-12:30 pm MDT | 10:00-11:30 am PDT

Instructors: Mike Shepherd (Fifth Third Bank) and Rachel Zippwald (NAGGL)

Fee: Members: $355 for 1 login | $555 Unlimited* logins                            
        Non-Members: $535 for 1 login | $2,055 Unlimited logins
    Government: Contact NAGGL

Registration Deadline: August 4 

SBA is clear that a payment default occurs when a 7(a) loan is 61 days past due. But the lender’s next steps may not always be as clear cut when deciding what to do with a loan in default. Payment default or technical default - should a lender always declare a default and move into a liquidation? Or are there other steps a lender should consider first? How does a lender know when to recognize a default on a 7(a) loan and what to do next? Join this first session in a series that focuses on what to do with loans that are not performing as expected.

Instructions for login will be distributed approximately 24 hours in advance of the session! This session is delivered over the internet using Webex, so a solid connection and good audio on your computer are required for an optimal experience.

*If you purchase unlimited logins, you will be responsible to distribute information to your team.

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