Coffee With Casey Episode 11: Third Party in Possession... Remix: Collateral Recovery in a Probate Context

 

When a borrower passes away, recovering collateral can quickly become complicated—especially when heirs, family members, or other third parties are living in, using, or refusing to relinquish the property.
 

In this installment of our popular webinar series, #CoffeeWithCasey, Shareholder, Real Estate Default Group Chair, and Chicago Office Managing Attorney Casey Hicks will be joined by Probate Group Attorney Matt Pomy for a timely and practical discussion on the intersection of probate and collateral recovery. Matt represents financial institutions, small business creditors, and mortgage holders, and primarily works directly with in-house litigation specialists, loss prevention specialists, and collectors. Through hard work and a commitment to be responsive to his clients at all times, he monitors their big picture interests and works tirelessly to help them achieve their recovery goals.
 

Together, Casey and Matt will break down the legal hurdles and explore real-world strategies for reclaiming assets from estates and unauthorized occupants – don’t forget to submit your questions when you register!

Key Topics Covered:
 

• Approaching Heirs and Beneficiaries: How to balance empathy and enforcement when a deceased borrower’s family members or heirs are in possession of collateral.

• Legal Tools for Recovery: Understanding when and how to use replevin actions, probate motions practice, and self-help remedies across different jurisdictions to ensure your collateral is protected.

• Probate Complications and State-Specific Considerations: Key jurisdictional quirks, procedural pitfalls, and practical considerations in our footprint and beyond.
 

About the Series:
 

Weltman’s Webinar Series delivers year-round educational content, specific to creditors' rights throughout numerous focus areas. Join our key business leaders for these webinars to stay ahead of trends, changes, and updates throughout the world of collections.