Stites & Harbison, PLLC

    
   Elizabeth Lee Thompson                 Chrisandrea L. Turner

Program Description

Guide Your Clients Through the Best Solution for Their Situation

Not for the faint of heart, this fast-paced course is designed to provide a comprehensive procedural orientation to the foreclosure process and alternatives to foreclosure. Expert faculty will identify all of the options available for loan defaults and guide you through their mechanics – from forbearance agreements and loan modifications to short sales and the foreclosure process itself. Along with this engaging seminar, you'll receive a reference manual filled with in-depth, detailed information on each of the options discussed, so you can dig into specific laws as you need them. Get the most bang for your buck - enroll today!

• Learn what loss mitigation solutions are available in residential situations and how to put them in place for your clients.
• Walk through the foreclosure process and sale to avoid legal missteps when you're guiding clients through them.
• Ensure your forbearance agreements include crucial provisions to protect collateral.
• Be prepared to handle the entire short sale process.
• Understand the lender liability surrounding loss mitigation options.
• Maintain an ethical practice by understanding what conflicts of interest may exist when dealing with troubled real estate loans.

Who Should Attend

This practical, basic-to-intermediate level course is designed for:

• Attorneys
• Real Estate Professionals
• Title Insurance Professionals
• Lenders
• Paralegals

Presentations by Elizabeth Lee Thompson and Chrisandrea L. Turner:

• "Troubled Debt Restructuring (TDR) Transactions"
• "Loan Modifications"
• Rent Attachment - Cash Management Agreements"

Liz Thompson is a Member of the firm based in its Lexington office. Her practice focuses on the representation of substantial claimants, purchasers of assets, creditors' committees and debtors in Chapter 11 bankruptcies, commercial litigation and representation of lenders in loan restructurings and work-outs. She joined the firm in 1995, recently served on its Management Committee, is head of its Creditors' Rights & Bankruptcy Service Group and developed and facilitates its associate mentoring program.

Chrisandrea (Chrissie) Turner is counsel with the firm in the Lexington office.  Her practice focuses on the representation of claimants in Chapter 11 bankruptcies, lender representation in state and bankruptcy matters, and bankruptcy mediation.  She has over ten years experience representing Chapter 7 Trustees, defending adversaries, and procuring claim payments for secured and unsecured creditors as well as administrative claimants.