Friday, November 21, 2008

Problem Loan Workouts

How to develop and implement a successful workout program

Course Overview
Problem Loan Workouts teaches participants how to communicate effectively with workout specialists and bank counsel to minimize losses. Through case studies, participants have the opportunity to apply the information learned throughout the course.

Who will benefit from this course?
Problem Loan Workouts is designed for credit and lending professionals who have responsibility for managing or monitoring commercial account relationships. Advanced lenders and workout professionals will have an opportunity to develop additional technical knowledge on a variety of advanced subjects, including non-workout alternatives and bankruptcy.

How this course will help you meet the challenges of your career and today's market
As a result of your participation in Problem Loan Workouts, you will:
  • Develop and implement successful workout programs.
  • Explore options in a workout relationship, including performance-based pricing, negotiation tactics, and pre-workout agreements.
  • Learn to manage problems unique to real estate workouts.
  • Identify non-workout alternatives including post-judgment collection devices, pre-judgement remedies, collection devices under state law, the process of foreclosure, and self-help remedies under the UCC.
  • Understand lender implications associated with Chapters 7, 11, 12, and 13 bankruptcies.
Prerequisites
Participants are expected to have a thorough knowledge of financial accounting, traditional financial statement analysis, and cash flow analysis.

The Participant's Manual can be purchased online or by contacting RMA's Customer Care at 1-800-677-7621.

To purchase the Instructor's Guide (Product No. 601002), please contact Stacy Forcina at 1-215-446-4065.