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2026 Collection Laws & Bankruptcy Fundamentals

February 25, 2026 1:00 PM - 2:30 PM (CST)

Description

When collecting commercial debts, you need to understand the laws governing creditor-debtor relationships. Generally, the state where the debt originated determines which laws apply. While collection laws vary by state, they share common characteristics you should know. The Uniform Commercial Code (UCC) is the primary statute governing commercial credit and has been adopted by all U.S. states. Understanding the UCC helps you address debtor excuses for nonpayment more effectively. 

What This Seminar Covers: 

  • Key provisions of the UCC 
  • Common characteristics of collection laws 
  • Overview of U.S. Bankruptcy laws, including: 
    • Various bankruptcy chapters 
    • Automatic stay provisions 
    • Recent amendments 
    • Executory contracts and preferences 

This knowledge will strengthen your commercial debt collection efforts and help you navigate the legal landscape more confidently.

Meet Your Instructor: 

Wanda Borges Esq. of Borges & Associates

WANDA BORGES, ESQ. is the principal member of Borges & Associates, LLC, a law firm based in Syosset, New York. For more than thirty years, Ms. Borges has concentrated her practice on commercial litigation and creditors’ rights in bankruptcy matters, representing corporate clients and creditors’ committees throughout the United States in Chapter 11 proceedings, out of court settlements, commercial transactions and preference litigation. She is a member and Past President of the Commercial Law League of America and has been an Attorney Member of its National Board of Governors, a Past Chair of the Bankruptcy Section and a past member of the executive council of its Eastern Region. 

She is an associate member of the International Association of Commercial Collectors, a member of the American Bar Association, the American Bankruptcy Institute, the Hispanic National Bar Association, the International Women’s Insolvency and Restructuring Confederation and the Turnaround Management Association. She is a nationally recognized lecturer and author on various legal topics including the Bankruptcy Abuse Prevention and Consumer Protection Act, the Uniform Commercial Code, ECOA, FCRA, antitrust law, and the Red Flags Rule of the FTC. 

Ms. Borges has authored, edited and contributed to numerous publications including Thomson West’s Enforcing Judgments and Collecting Debts in New York, NAB’s book Out of the Red and into the Black, the BCCA’s Credit & Collection Handbook, The Financial Manager, the CLLA Commercial Law Journal, Bulletin, Debt 3 and Bankruptcy Section newsletters, including her treatise “Hidden Liens, Who is Entitled to What?” and NACM’s Antitrust, Restraint of Trade and Unfair Competition: Myth Versus Reality, Manual of Credit and Collection Laws and its Principles of Business Credit. She has co-authored The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 – An Overhaul of U.S. Bankruptcy Law, also published by the NACM. 

In November, 2010, Ms. Borges received the “Robert E. Caine Award for Leadership” from the Commercial Law League of America. In 2011 and 2012, Ms. Borges was selected for inclusion in the New York Super Lawyers – Metro Edition list (Bankruptcy & Creditor/Debtor Rights)

Time

Central Time

Contact Information

International Association of Commercial Collectors, Inc.
Name: Meredith McDonald
Phone: (952) 925-0760
Email: mcdonald@acainternational.org
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