No Disintegrations: Enforcing Debts Without Violating Debt Collection Laws

March 10, 2010  2:00 - 3:15 p.m. EST

via Webinar

Registration for this event is now closed.

Servicing delinquent and defaulted loans and collecting debts have never been more challenging.  To meet these challenges, servicers and debt collectors have developed innovative approaches, including new processes and techniques for reaching borrowers, skip tracing, and processing modifications and workouts.  While many of these new strategies have been effective, they raise a host of legal issues to consider.

K&L Gates would like to invite you to attend a trilogy of webinars examining some of the most important legal issues for servicers and debt collectors.  The series is a joint presentation of the firm's Mortgage Banking & Consumer Financial Products Group and its Consumer Financial Services Litigation & Class Action Defense Group.

Some of the topics that the webinar series will cover include (among others):

• How can servicers and debt collectors manage the class action and administrative enforcement risks when engaging in collection or workout activities, or structuring arrangements?
• When do debt collection laws apply to a company?
• How do debt collection laws apply to various participants in the process, like special servicers, private label modification support companies, door knockers, and others?
• Who needs to be licensed under state debt collection laws?
• When does federal law preempt state debt collection laws?
• When are outreach efforts connected to loan workout communications subject to the FDCPA?
• How does the FDCPA apply to the use of social media (e.g., FaceBook, LinkedIn) to track down debtors or otherwise assist in debt collection?
• What issues under debt collection laws should parties consider when preparing joint marketing agreements to solicit defaulted borrowers?