Debt Recovery for Credit Unions

24th June 2017

This one day seminar is focused on Scotland’s debt recovery laws and has been written specifically for Scottish Credit Unions.

Debt collection to recover unpaid loans may not be the reason why Scotland’s Credit Unions exist, but it is an essential part of their day to day running, to ensure members continue to have confidence in them.  Debt Recovery

The aim of this course will be to help credit unions to become effective creditors, focusing on both pre-legal debt recovery, and post-legal recovery, using the law of diligence. It will also cover the Eligible Loan Deduction Scheme, operated by the DWP and the Treasury, and explain how and when it can be used.

The event will examine best practice when dealing with vulnerable borrowers, including borrowers suffering from mental health and legal capacity issues.  It will also look at the new guidance for lenders, produced by the University of Bristol (Vulnerability: a guide for lending).

The afternoon will focus on formal Scottish debt solutions, such as Time to Pay Directions and Orders, the Debt Arrangement Scheme, Protected Trust Deeds and Sequestration.

This event will be invaluable for all staff who are involved in making lending decisions and those working with borrowers who are struggling to maintain their contractual payments.

As with all Advice Scotland seminars, delegates attending the event will receive a bespoke handbook, which will expand on the topics featured throughout the day and can be kept for future reference.

Pre-entry awareness:

This course is suitable for credit union staff and volunteers who are making lending decisions and those involved in recovering debt.

Outcome:

The day will equip delegates with a greater awareness of what the relevant issues are that must be considered, from a recovery perspective, when making lending decisions. It will also inform and raise awareness of what Scotland’s personal debt laws are and how they can be used by both creditors and borrowers.

  • Date: 21st August 2017
  • Time: 09:30 (registration) – 1630
  • Location: Glasgow City Centre
  • Price: £125

Speaker:

Alan McIntosh LLB (Hons) is an approved money adviser and a Personal Insolvency Practitioner inAlan-McIntosh-456x422 Ireland. He has worked in the Scottish money advice, debt, and personal insolvency industry for 16 years and has written extensively on issues relating to money advice, debt, and personal insolvency.Previously employed as a trainer for one of Scotland’s leading debt charities, he has also worked at senior management level for one of Scotland’s leading personal insolvency practices.

He has extensive knowledge on the law of Scotland relating to the recovery of personal debts.

 

Booking Form      Learning Outcomes

CPD: 5 Hours
Date: 21st August 2017
Time: 10:00 (registration 09:30) – 13:00 (lunch will be provided) 13:45 – 16:30
Location: Glasgow
Price: £125
Programme:  
0930 – 1000 Registration
1000 – 1015 Welcome
1015 – 1045 The reasons people default on debts
1045 – 1115 Pre-legal debt recovery – good practice
1115 – 1130 Comfort Break
1130 – 1200 Vulnerable debtors

1200 – 1230
Legally Constituting Debts
1300 – 1345 Lunch
1345 – 1515 Recovering debts using the Debtor’s (Scotland) Act 1987
1515 – 1530 Comfort Break
1515 – 1545 The Debt Arrangement Scheme and Time to Pays
1530 – 1630 Protected Trust Deeds and Sequestration