Meet the Instructor
David Reed’s training philosophy is centered on the member service approach to effective collections. In his 23 years of law practice he has been a bankruptcy and collections attorney for debtors and credit unions. When he “saw the light”, he went to work for a credit union and became a collections manager and then general counsel! He may be the only attorney training credit unions today who has seen collections and bankruptcy from both the members’ and credit unions’ perspectives.
Attorney, author, consultant and nationally recognized speaker, David A. Reed is a partner in the law firm of Reed and Jolly, PLLC and founder of CU Doctor, a full service credit union consulting practice. Mr. Reed provides guidance to credit unions concerning a variety of matters including the establishment and revision of credit union policies and procedures, organizational compliance, collections, regulatory matters and corporate governance. His engaging speaking style has garnered him status as a regular lecturer nationwide on topics such as regulatory compliance, consumer lending, bankruptcy and collections.
A former trial attorney and Vice President and General Counsel of a large credit union, Mr. Reed has been selected to train NCUA Field Examination and Audit Staff on numerous issues including ID Theft Red Flags, S.A.F.E Act, Third Party Contract Management and Bankruptcy matters. He also serves as editor of several industry manuals on legal matters.
Mr. Reed received his undergraduate degree from Virginia Tech in 1986 and his Juris Doctorate from George Mason University School of Law in 1989. He is a Certified Compliance Officer.
Day 1: Collections
If your credit union is focusing solely on the delinquency report to identify troubled members, you are ready for an upgrade! The current credit crunch is having a negative impact on many members, and credit unions are in a unique position to assist them.
Every member who has a loan charged off made a final payment at some time. The problem is the credit union didn’t realize it was the last payment when it was made. This full-day workshop examines the nuts and bolts of an effective collections program and centers on maximizing collections efficiency and the role of member service.
What Makes Members Pay?
Creating Fool Proof Collections Processes
Special Collections: Skips, Repos, Real Estate
Day 2: Bankruptcy
Consumer bankruptcy filings are at their highest rate in years and they’re still climbing! This session is designed for the credit union professional who is familiar with bankruptcy and wants to sharpen their skills in this debtor-friendly world. Examine the current state of consumer bankruptcy and see how it continues to impact credit unions. This full-day seminar will focus on advanced bankruptcy recovery and loss reduction concepts.
This interactive program walks you through the complicated world of bankruptcy in an easy-to-understand (and retain) format.
Operational Issues in Bankruptcy
Bankruptcy Recovery and Fraud Control
Regulatory Compliance: Traps in the New Bankruptcy Order