Consumer Law Defense Practice Group Co-Chair Patrick Newman will be a guest presenter at "No Good Deed: Tales from the Legal Trenches About Member-Centric Practices Coming Back to Bite" with The Stark Agency on Wednesday, May 29, 2024, at 1:00 pm.

Credit Unions have a well-earned reputation for putting their members first. And this is all great 99% of the time—the member gets taken care of and the Credit Union maintains a positive, performing borrower relationship. But what about that 1% when things go sideways? And how does this change as delinquencies rise and Credit Unions feel increasing pressure to help members get back on track? Patrick Newman will join The Stark Agency Chief Operations Officer and Director of Compliance, Nate Kalnins, for a discussion about:

• Balancing member assistance and risk mitigation
• Consistency of Approach: Policies and Procedures for Your “Special Assets” or Collection Department
• Secured Lending, UCC Article 9, and Perfection
• Dot the “i's” and Cross the “t’s” for When it comes Time to Repossess the Collateral
• Vet Your Vendors (including your outside counsel!)
• Credit Reporting Considerations

Contact Patrick Newman for more information or click here to register.

Patrick Newman is a commercial litigator who defends financial services industry members. He regularly represents credit and collection professionals, repossession agents, background screeners, lenders, and fintech companies against consumer-protection lawsuits, including class actions. Patrick recently served as Secretary/Treasurer of the Great Lakes Credit and Collection Association and is Wisconsin's MAP State Compliance Chair. Patrick has tried cases to verdict in state and federal court. He has also secured published federal appellate decisions in favor of the credit and collection industry on issues arising under the FDCPA and FCRA.

Bassford Remele proudly serves as local and national counsel for many major corporations and Fortune 500 Companies and is a go-to litigation firm representing local, national, and international clients in state and federal courts across the region.

Bassford Remele | May 23, 2024