Using Workflow to Handle Bankruptcy and Probate
Wednesday, October 26th | 2 p.m. EST
Did you know that filing a proof of claim on out-of-statue debt does not constitute an FDCPA violation even though previous lawsuits said otherwise? How about the fact each year, according to the AARP, identity thieves use the SSN/identity of deceased individuals to open 2.5 million credit card accounts or loans?
Join Temenos and LexisNexis® Risk Solutions as we discuss appropriate methods and best practices for handling bankruptcy and probate cases within your financial institution. Key topics of this webinar include:
- An overview of how bankruptcy cases have impacted today's market and why it is critical to have a defined process to handle these instances within your financial institution.
- The value of being proactive when it comes to handling bankruptcy cases and the benefits of incorporating bankruptcy workflows within your day to day business.
- The importance of setting up an internal deceased collections process and the significance of understanding the probate process in each jurisdiction.