Garnishments, Subpoenas, Summonses, Levies: Getting it Right!
Date: August 21, 2012
Time: 2:00 PM- 3:30 PM CST
Live Webinar- $200
The live webinar option allows you to have one telephone connection for the audio portion and one Internet connection (from a single computer terminal) to view online visuals as the presentation is delivered. You may have as many people as you like listen from your office speaker phone. Registrants receive a toll-free number and pass code that allow entrance to the seminar. The session will be approximately 90 minutes, including question and answer sessions. Seminar materials, including instructions, PIN number, and handouts will be emailed to you prior to the broadcast. You will need the most-current version of Adobe Reader available free at www.adobe.com.
Can’t attend the live webinar? The on-demand web link is a recording of the live event, including audio, visuals, and handouts. We even provide the presenter’s email address so you may ask follow-up questions. Approximately one week prior to the webinar, you will receive an email with the web link. This web link can be viewed anytime 24/7, beginning 6 business days after the webinar and will expire 6 months after the live program date.
As an added bonus, you will also receive a FREE audio/visual CD ROM.* The CD ROM includes the original audio/visual presentation, the question and answer sessions, and the handouts. Use the on-demand link or this “off-the-shelf” training program for those that could not attend the live seminar and for future training. (LIMITED AVAILABILITY: The on-demand web link and CD ROM may ONLY be ordered for 6 months following the webinar. Neither the link nor CD will be available after this time.)
Both Live Webinar & On-Demand Web Link- $250
Options 1 and 2 described above (Included free CD Rom)
Special Registration Option for member credit unions under $20 million- $169
On-demand link only (does not include CD or live webinar)
Has your credit union implemented the proper procedures for handling garnishments, levies, and other demands for member funds? Most credit unions deal with these matters daily, but many do so without proper training. Handling these matters improperly can expose your credit union to significant liability. This seminar will explain these complicated legal documents and the situations when they are served on the credit union. Learn the necessary steps to handle these matters, such as identifying accounts, placing account holds, answering interrogatories, notifying your member, and remitting the funds. This presentation will also review the garnishment procedures that became effective on May 1, 2011, for accounts containing certain federal benefit payments.
- What financial privacy restrictions are imposed on your credit union when responding to these legal processes?
- What risks are imposed on the credit union?
- When are you required to notify your member?
- What if your credit union holds a security interest in the funds?
- What if an account is held by more than one member or held by a trust, sole proprietorship, corporation, etc.?
- Garnishment procedures for accounts containing federal benefit payments
*To register for this webinar, CLICK HERE
For more information, please contact Carrie Buchholz at:
(P) 405.702.8622 ext. 215
Elizabeth Fast, Esq. is a partner with Spencer Fane Britt & Browne LLP where she specializes in the representation of financial institutions. Elizabeth is the head of the firm’s training division. She received her law degree from the University of Kansas and her undergraduate degree from Pittsburg State University. In addition, she has a Master of Business Administration degree and she is a Certified Public Accountant. Before joining Spencer Fane, she was General Counsel, Senior Vice President, and Corporate Secretary of a $9 billion bank with more than 130 branches, where she managed all legal, regulatory, and compliance functions. She is a member of the Missouri State Banking Board by appointment of the Governor.|