Description

There are several legal principals all collection professionals should be familiar with to effectively represent and satisfy their clients' claims. A basic understanding of these principals is necessary to negotiate, facilitate payment, and obtain authorization from clients for authority to settle or sue. 

Principals to be discussed during this seminar include: 

• creditor’s legal position to sue
• debtor’s business composition and liability of principals
• statute of limitations
• law of contracts
• applicable state statutes (UCC)
• judgment enforcement remedies
• FDCPA as it applies to commercial claims, and more!