Jan 28 and Feb 23: Accounts Included in Bankruptcy Chapter 7

  1. Jan 28 and Feb 23: Accounts Included in Bankruptcy Chapter 7

The Metro 2® Accounts Included in Bankruptcy Chapter 7 Webinar was developed in collaboration with recognized leaders in Metro 2® Format reporting, and the Metro 2® Format Task Force which includes experienced representatives from Equifax, Experian, Innovis, and TransUnion. This newly released webinar describes detailed reporting guidelines for accounts included in bankruptcy chapter 7 and includes case examples to further learning.

The reporting of accurate data is an essential obligation of data furnishers under the Fair Credit Reporting Act. In 2019, sixty-two percent (62%) of all bankruptcies filed were for accounts included in bankruptcy chapter 7, making it essential for data furnishers to strengthen their understanding of reporting guidance.

Discussion Topics

  • Basics of Consumer Information Indicators (CIIs)
  • Use of Date of First Delinquency with CIIs
  • How to report accounts included in Bankruptcy Chapter 7 when all associated borrowers are filers, as well as accounts that have filers and non-filers.
  • Reporting sold and purchased accounts included in Bankruptcy Chapter 7
  • Common Questions submitted by data furnishers

Who Should Register?

  • All key financial institution personnel who have responsibility for furnishing data to consumer reporting agencies
  • Key management and supervisory personnel who know they need to audit their institution’s data furnishing practices
  • Software providers who provide systems to financial services which output data for purposes of reporting data to consumer reporting agencies
  • In-house compliance counsel

Time

Jan 28, 2021, 2pm ET (1 pm CT, 12 pm MT, 11 am PT)

Duration: 95 minutes

If you can’t join us for one of the scheduled webinars, you may register for the on-demand replay of this event. The on-demand replay as well as the handout material will be emailed to you approximately 48 hours after the purchase.

Includes

  • Access to the scheduled webinar and all handout materials for up to 5 persons from your organization
  • An audio re-play file of the event accessible online for up to one year which can be shared internally with your team
  • Free download of the latest version of the Credit Reporting Resource Guide® (CRRG®)
  • Please note all webinars have been previously recorded
  • The webinar is a single sign-on experience

Legal Disclaimer

CDIA’s webinars are educational in nature and do not represent legal advice. If you need legal advice, consult an attorney in your jurisdiction.

Time Requirement: 95 minutes

$245

for CDIA members and non-members

Buy Now for Jan 28

Bundle & Save! For more information on bundles click here!

Time Requirement: 95 minutes

$245

for CDIA members and non-members

Buy Now for Feb 23

Bundle & Save! For more information on bundles click here!

View Metro 2® Access Policy