Strategic Counseling for Student Loan Defaults

  • 12:30 PM - 1:30 PM
  • Central Time (US & Canada)
  • By: HCBA Debtor/Creditor Section, New Lawyers Sections of the MSBA and HCBA.
  • Gooseberry Falls Room / Minnesota State Bar Association
  • Collections

This continuing legal education program will be an interactive experience with speakers from both sides of the student loan aisle, borrower's counsel and lender's counsel, with audience participation in the form of questions and comments highly encouraged. The program will begin by discussing the situation where a borrower runs into financial trouble and is contemplating defaulting on loans, focusing in on payment delinquency, alternative repayment options, and other work-out arrangements. The program will then explore the consequences of a borrower default and post-default options for both lenders and borrowers, such as rehabilitation and bankruptcy. The program is designed to be interactive to ensure that attendees get as much out of the program as possible.