Collection Strategies: When Assets Are Held In Corporations And Limited Liability Companies
|Date / Time:
All too often, the difficulties faced by businesses in collecting commercial debts result from insufficient planning before credit is extended.
Creditors who fail to understand the nature of the business entities to which they are selling goods and services and the persons and assets behind those entities may be in for some hard lessons once an account becomes delinquent. It gets worse if the creditor fails to select legal counsel with particular experience in obtaining judgments and penetrating business entities determined not to pay.
This information will assist business owners, financial officers and credit managers with the development of credit applications and procedures, understanding the particular risks of extending credit to corporations, limited liability companies and partnership entities and methods to minimize those risks and implementing an effective collection strategy when an account becomes overdue.
In addition to addressing the more traditional methods of enforcing money judgments, this webinar will evaluate options unique to entity debtors, including receiverships, charging orders and involuntary bankruptcy.
Assessing and Minimizing Credit Risk
Planning an Effective Collection Strategy
- How to Develop a Useful Credit Application
- What to Learn About the Owners and Assets of an Entity Customer
- When to Require a Security Interest, Guaranty or Letter of Credit
- How to Achieve Special Protection for Sellers of Inventory
Enforcement of Judgments Against Business Entities
- Knowing When It Is Time to File Suit
- Identifying the Defendants
- Obtaining a Money Judgment vs. Enforcement of Property Rights
- Evaluating Piercing and Reverse-Piercing of the Corporate Veil
About The Presenter
- Shock and Awe vs. Discovery in Aid of Execution
- Attachment of Bank Accounts and Other Property Rights
- Executing Against Stock, Partnership Shares and LLC Memberships
- Bankruptcy Issues
Robert W. Pontz
- Founding partner of Brubaker Connaughton Goss & Lucarelli, Lancaster, Pennsylvania
- Practice emphasizes commercial collections, representation of creditor interests in business bankruptcies and business counseling
- Frequent local and regional speaker at seminars covering advanced collection topics and commercial bankruptcy
- Admitted in Commonwealth of Pennsylvania and Eastern and Middle Districts of Pennsylvania
- Active member of American Bankruptcy Institute and Eastern and Middle District of Pennsylvania Bankruptcy Conferences
- Named a “Select Lawyer” in bankruptcy and creditors’ rights law by Susquehanna Style magazine
- J.D. degree, cum laude, Washington and Lee School of Law; B.A. degree, with honors, College of William and Mary
Cannot Attend The Live Presentation?
This presentation is also available in a recorded format, in CD version, as shown in the pricing options below.
|About Webcasts / Audio Conferences / Podcasts:|
Webcasts, audio conferences, and podcasts are presentations that you
attend via the Internet, phone, or mobile device at a specified date and time for "live" versions, or at your convenience for "recorded" and "On-Demand" versions.
versions are interactive, meaning that participants can ask questions in real time, plus are a very cost-effective form of training because 1) you receive fast, convenient learning without
any out-of-office time; 2) you can invite as many colleagues as you'd like to listen in on a single phone line; 3) you incur no travel expenses; and 4) you and your colleagues are back
at work immediately after the session ends!
And though with recorded versions you do lose the ability to ask questions, you gain the ability to hear the presentation numerous
times and to share it with others in your office.
Handout materials and the phone number for live presentations are made available to you prior to the event via email from the
presenter and from the "MyAccount" link on the menu bar. Copies of the presentations are included with recorded versions.
|About The Provider:
||Lorman Education Services has provided educational seminars and online training for professionals since 1987.
Since then, we've kept thousands of professionals in the United States and internationally current on the most pressing topics in a rapidly changing marketplace of ideas. Like you, we understand the need for concise, accurate information.
That understanding underlies each Lorman course, presenting the latest information on the laws and regulations critical to your organization's successful daily operations.
Moreover, each course receives our painstaking attention to be certain both the faculty and participants receive the individual attention necessary to achieve maximum benefit from the materials.
||Contact Us For More Information
||Share on Facebook
Share on Twitter
Share on Google+
Overdraft Protection Programs
Achieving Unclaimed Property Compliance Best Practices For The Banking Industry
What To Do When A Customer Dies
Regulation E Final Changes on Prepaid Cards
Uniform Commercial Code Rules: How to Comply to Attach and Perfect Secured Transactions
Legal Liabilities When Check Fraud Occurs
Call Report: Lending Schedules For Banks
Certified Regulatory Vendor Program Manager
TRID Checkup: Areas of Concern and Uncertainty
Calculating Cash Flow
Underwriting Construction Loans
Critical Issues on Certificates of Deposit (CDs)
Bank and Financial Institution Fraud
Loan Processing 101: The Basics
Loan Documentation: Top 10 Mistakes and How to Avoid Them
Loan Officer Boot Camp