About This Course
COVID-19 has wreaked havoc on every industry, from the largest corporation to the smallest mom and pop shop. Unemployment is rampant and many people as struggling to stay afloat. Given the widespread loss of income, how can one be expected to repay loans taken before the crisis hit? And how to anticipate when payments could reasonably be made?
This CLE course will explain the issue of outstanding receivables and the difference between commercial and consumer collections as they relate to the Fair Debt Practices Act. (FDCPA). Compliance with applicable law to limit receivables and maximize collections will also be discussed.
