Live Webinar

65-minute live streaming program
  • June 27
  • 1:00 - 2:05 pm EST

Collecting on Delinquent Commercial Mortgages

June 27

Learn strategies to help you navigate commercial mortgage collection issues specifically related to commercial mortgages.

This course will help lenders and mortgagees navigate collection issues specifically related to commercial mortgages. You will learn both proactive and reactive strategies as well as how to address frequent collection issues.

Learning Objectives

  • You will be able to define monetary vs. non-monetary default.
  • You will be able to describe judicial foreclosure.
  • You will be able to discuss the foreclosure of personal property.
  • You will be able to explain requirements related to payoff requests and releases.

Register Now

Add to Wishlist

More Program Information

Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Starting at the Beginning: Declaring Default
  • Monetary vs. Non-Monetary Defaults
  • Demand/Acceleration Letters
  • Title Search/Other Liens
Judicial Foreclosure
  • State Court vs. Federal Court
  • One Action Rule
  • Receivers and Receiver Sales
  • Credit Bidding
  • Foreclosure Sale Process
Non-Judicial Foreclosure
  • Process and Procedures
  • Practical Considerations
Foreclosure of Personal Property/Ucc Issues
  • Attachment vs. Perfection
  • Enforcing Security Interest
Deed in Lieu of Foreclosure
  • Practical Considerations
  • Requirements for Enforceable DIL
Refinance and Discounted Payoffs
  • Requirements Related to Payoff Requests and Releases
Bankruptcy Issues
  • 341 Meeting of Creditors
  • Automatic Stay and Relief From Automatic Stay
  • Cram Down
Register Now

Add to Wishlist

More Program Information

Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Live Webinar Registration

  • AIPB 1.0
     
  • This program is acceptable for 1.0 CPEC(s) towards the CB designation through the American Institute of Professional Bookkeepers (AIPB).
     
  • AK CLE 1.0
     
  • Alaska attorneys may receive 1.0 hours of continuing legal education for completing this program. Please contact the Alaska Bar Association or go to www.alaskabar.org for details regarding reciprocity with other states.
     
  • AL CLE 1.1
     
  • This course or a portion thereof has been approved by the Alabama State Mandatory Continuing Legal Education Commission for a maximum of 1.1 hours credit.
     
  • AR CLE 1.0
     
  • This course has been approved for 1.0 hours of CLE by the Arkansas CLE Board.
     
  • Arizona CLE 1.0
     
  • The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement. This activity may qualify for up to 1.0 hours toward your annual CLE requirement for the State Bar of Arizona.
     
  • CA MCLE 1.0
     
  • Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.0 CLE hours of participatory credit.
     
  • CT CLE 1.0
     
  • Neither the Connecticut Judicial Branch nor the Commission on Minimum Continuing Legal Education approve or accredit CLE providers or activities. This course has been approved for CLE credit in jurisdictions aside from CT and therefore it automatically meets the content and delivery requirements in Connecticut. Credit is based on a 60 minute credit hour and shall be awarded as follows: 1.0 CLE credit(s).
     
  • GA CLE 1.0
     
  • This program has been approved by the Georgia Commission on Continuing Lawyer Competency for 1.0 CLE hours.
     
  • HI CLE 1.0
     
  • This program was approved by the Hawaii State Board of Continuing Legal Education for 1.0 CLE credit hours.
     
  • MN CLE 1.0
     
  • This program has been approved by the Minnesota Board of Continuing Legal Education for 1.0 hours of credit.
     
  • MO CLE 1.3
     
  • This program has been approved by the Missouri Bar for 1.3 hours of CLE.
     
  • MS CLE 1.1 (Pending)
     
  • This program has been submitted to the Mississippi Commission on Continuing Legal Education. Approval pending.
     
  • NC CLE 1.0
     
  • This program has been approved by the North Carolina State Bar Board of Continuing Legal Education for 1.0 CLE hours.
     
  • ND CLE 1.0
     
  • This program has been reviewed by the North Dakota Commission for Continuing Legal Education and approved for 1.0 hours of CLE credit.
     
  • NH MCLE 1.0
     
  • NH MCLE does not approve or accredit CLE activities for the NH Minimum CLE requirement. Lorman Education Services believes this course meets the requirement of NH Supreme Court Rule 53 and may qualify for CLE credit(s). Program Length: 60 Minutes.
     
  • NJ CLE 1.3
     
  • This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 1.3 hours of total CLE credit.
     
  • NM CLE 1.0
     
  • This program has been approved by the New Mexico Minimum Continuing Legal Education Board for 1.0 hours of credit.
     
  • OH CLE 1.0
     
  • This course has been approved by the Ohio Supreme Court Commission on Continuing Legal Education for 1.0 CLE credit hours. Please note: In order to receive OH CLE credit for this audio conference you MUST use the streaming option and enable and complete the required progress checks. This course is considered Self-Study. No more than twelve (12) hours of self-study CLE credit for any biennial reporting period may be earned by an Attorney or Judge under Regulation 409.2.
     
  • PA CLE 1.0
     
  • This Distance Learning program has been approved by the Pennsylvania Continuing Legal Education Board for 1.0 hours of substantive law, practice and procedure CLE credit.
     
  • RI CLE 1.0
     
  • This program has been approved by the Rhode Island Mandatory Continuing Legal Education Commission for 1.0 hours of CLE credit.
     
  • TN CLE 1.08
     
  • This program has been approved as a distance learning format by the Tennessee Commission on Continuing Legal Education for a maximum of 1.08 hours of credit.
     
  • VA CLE 1.0 (Pending)
     
  • This program has been submitted to the Virginia Mandatory Continuing Legal Education Board for 1.0 CLE credit hours.
     
  • VT CLE 1.0
     
  • This program has been approved by the Mandatory Continuing Legal Education Board of Vermont for 1.0 hours of CLE credit.
     
  • WA CLE 1.0
     
  • This program has been approved by the Washington State Board of Continuing Legal Education for 1.0 hours of Law & Legal Procedure credit.
     
  • WI CLE 1.0
     
  • This program has been approved by the Board of Bar Examiners for 1.0 hours for use toward the Wisconsin Mandatory CLE requirement.
     
  • WV MCLE 1.3
     
  • This program has been approved by the West Virginia State Bar MCLE Commission for 1.3 MCLE hours.
     
  • CPE 1.2 including Business Law 1.2
     
  • Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Business Law for 1.2 hours. Prerequisite: basic knowledge of business financials. Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board. Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
     

Who should attend?

This live webinar is designed for credit and collection managers, presidents, vice presidents, directors, business owners and managers, branch managers, attorneys, lending professionals, accountants, and bookkeepers.

Register Now

Add to Wishlist

More Program Information

Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Andrew T. McClain

Andrew T. McClain

Foley & Lardner LLP

  • Senior Counsel with Foley & Lardner LLP in the firm’s Bankruptcy & Business Reorganizations Practice Group
  • Practice focuses on creditors’ rights, out-of-court workouts and restructuring, and commercial litigation, with an emphasis on commercial real estate
  • Represents secured lenders, special servicers, government-sponsored enterprises, equipment suppliers, and court-appointed receivers
  • Experience includes judicial and non-judicial commercial foreclosures, receiverships, and Article 9 sales
  • Regularly represents clients in a wide variety of commercial litigation, including real estate litigation, business disputes, and construction litigation
  • J.D. degree, with honors, Michigan State University College of Law; B.S. degree, Fordham University
  • Can be contacted at [email protected]
Jill L. Nicholson

Jill L. Nicholson

Foley & Lardner LLP

  • Partner and trial lawyer with Foley & Lardner LLP and is the immediate past chair of the firm’s national Bankruptcy & Business Reorganizations Practice, where she served in that role for eight years; she is also a member of the firm’s Real Estate Practice
  • Concentrates her practice on commercial bankruptcy and insolvency matters, creditors’ rights, out-of-court workouts and restructurings, and complex multidistrict financial services litigation
  • Represented a broad array of clients in bankruptcy and insolvency proceedings, including secured lenders, special servicers, corporate boards, officers, directors, manufacturers, creditors’ committees, SIPA trustees, bondholder committees, unsecured creditors, Chapter 11 debtors, indenture trustees, commercial landlords, governmental agencies, and federally chartered entities; has also served as a court-appointed receiver for the Securities & Exchange Commission; her experience encompasses all facets of bankruptcy and insolvency, including Chapter 11 plan restructuring and related litigation, 363 sales, valuation disputes, single asset real estate, debtor-in-possession financing, tax credit bond finance deals, adversary actions, bankruptcy appeals, assignments for the benefit of creditors, broker-dealer liquidations, and receiverships
  • Counsels a number of Fortune 500 companies regarding best practices with respect to bankruptcy and insolvency issues, including distressed real estate, commercial lending, special servicing, and automotive restructuring
  • Selected by her peers for inclusion in The Best Lawyers in America© in the fields of bankruptcy and creditor-debtor rights/insolvency and reorganization law, 2021-2022; additional awards/recognition include, Woman Leadership Award for Woman Leader of the Year with over 20 years’ experience and in recognition of talents and contributions in restructuring industry by Global M&A Network, 2021; immediate Past Chair of Foley & Lardner National Bankruptcy & Restructuring Practice, 2011-2019; top bankruptcy and restructuring lawyer, Chambers USA, 2016-2021; Top 100 Lawyers in Illinois and Top 50 Women Lawyers in Illinois, Super Lawyers, 2015-2022; BTI Client Service All Star for superior client service, 2019; one of 335 attorneys in the United States selected by in-house corporate counsel of Fortune 1000 companies for superior client focus, understanding of clients’ businesses, technical legal skills, and innovative thought leadership; selected by Leading Lawyers for Commercial Bankruptcy & Workout Law, Commercial and Creditors’ Rights, 2017-2020; Top 500 Leading U.S. Bankruptcy and Restructuring Lawyers, Lawdragon, 2020-2022; Top 100 Restructuring Professional, Global M&A Network, 2013-2016; Top 100 most influential and innovative consultants, investment bankers, lawyers, and providers from the restructuring, distressed M&A and insolvency communities; featured by Law360 as a Female Powerbroker in the legal industry, 2014; Leading Lawyer, finance – corporate restructuring, Legal 500 US, 2010 and 2013-2015; Top 12 Outstanding Young Restructuring Lawyers under the age of 40 in the United States, Turnarounds & Workouts magazine, 2013; peer review rated with the highest rating in the Martindale-Hubbell Law Directory®; Senior Fellow of the Litigation Counsel of America; board certified as a business bankruptcy specialist, American Board of Certification; served as an adjunct professor of Bankruptcy Law at Washington University School of Law, 2007-2017
  • J.D. degree, with honors, University of Illinois College of Law; undergraduate degree, with honors, University of Chicago
  • Can be contacted at [email protected]
Register Now

Add to Wishlist

More Program Information

Why Lorman?

Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 409439
Published 2022
Register Now

Register today before this event fills.