Finding Lost Borrowers: The New World of Skip Tracing
Things are beginning to heat up again in the financial industry and it’s time to get in touch with past-due borrowers again. The good news is that this is an opportunity for a fresh start at establishing a positive relationship. The bad news? You may not be able to find many of them. Between address changes, job changes, phone service changes, and other life shifts, your prior communication methods may not work.
It is well-known within collections that there are two types of skips: those that can’t be found and those that don’t want to be found. Do you know the difference? How much time do you spend trying to locate past-due borrowers? What if there was a way to reduce the time and frustration of skip tracing and increase the accuracy of your efforts? This timely webinar is just the ticket! It will offer innovative guidance and resources to help uncover lost borrowers and open up more recovery opportunities. It will address maximizing in-house efforts, using the latest technology, uncovering hidden location assets, and leveraging third-party resources. Join presenter David Reed (attorney, Certified Fraud Examiner, and collections veteran) as he examines the latest tips, tricks, and landmines in skip tracing.
Attendance certificate provided to self-report CE credits.
AFTER THIS WEBINAR YOU’LL BE ABLE TO:
Create a better method of skip tracing
Maximize in-house information gathering
Identify privacy issues and landmines
Deal with and contact friends, family, and ex-spouses
Access hidden internet resources
Handle and discuss private detectives, repo ninjas, and other dark secrets
Use subscription service gems
WHO SHOULD ATTEND?
This insightful webinar will benefit collections managers, collections staff, BSA and security staff, skip tracers, collateral specialists, asset recovery specialists, and anyone wanting to increase their skip-tracing skills.
Skip tracing checklist
Inventory of current skip tracing resources
Employee training log
ABOUT THE PRESENTER – David A. Reed, JD Reed & Jolly, PLLC
Attorney, author, consultant, and nationally-recognized speaker, David Reed is a partner in the law firm of Reed & Jolly, PLLC. He provides guidance to financial institutions on establishment and revision of policies and procedures, organizational compliance, collections, security, contractual agreements, regulatory matters, and corporate governance. His engaging speaking style has made him a nationwide lecturer on regulatory compliance, consumer lending, bankruptcy, and collections.
A former trial attorney and vice president and general counsel of a large regional financial institution, David is also a Certified Fraud Examiner. He is particularly known as an expert in the areas of operations, bankruptcy, and collections. He has trained state and federal examination staff on numerous issues, including BSA, ID theft red flags, SAFE Act, third-party contract management, and bankruptcy.
Live Webinar Access – $245
On-Demand Access + Digital Download – $245
Both Live & On-Demand Access + Digital Download – $320