May 10, 2012

Something New at this Year’s 20th Alabama Lender’s Association Annual Convention, June 14th through 17th at the Sandestin Hilton!

At this year’s Annual Convention we will enjoy our usual line up of fun-in-the-sun activities, receptions, dinners and entertainment. Our working sessions will include our standard Business meetings with reports on the business of the Association. We will also cover current Legislative developments out of Montgomery and regulatory developments out of Washington.

New this year will be the offering of Alabama Consumer Finance 101. Our plan is to devote substantial time on Friday morning to covering the various laws, rules and regulations that touch and concern the operation of a loan office in Alabama. We’ll explain and explore all of the rules from the time of the Credit Extension Decision, through the Making of the Loan to the Collection of the Loan. While we will try not to get too bogged down in the minutia, we think it important to remind ourselves of the complexities of offering a consumer finance loan in our State. Along the way, we will also touch on Bankruptcy and Exemptions, Licensing, Advertising, Cyber Communications, Ancillary Products and Real Estate as Collateral. This session is particularly designed for Supervisors, Office Managers and others who need a firm grasp on the rules applicable to making consumer loans. Let me know in advance if you have any specific topic that you think needs particular attention.
I look forward to seeing you in June at Sandestin!

Maury Shevin
Association Director

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