Lien Perfection and Priority
August 24, 2022 | 10:00 am - 11:15 am CST
Complimentary (bank members) | $120 per person (nonmembers)
Protecting creditor rights is a complicated and technical process. This presentation will discuss the process of filing financing statements, perfecting liens and how to determine the priority of liens. Attendees will learn how to properly identify the borrower and collateral on a UCC financing statement. Attendees will also learn how to properly document and attach a security interest in collateral that is owned by someone other than the borrower. The presentation will also identify potential “hidden liens” to look out for if the borrower defaults.
Presented in partnership with
Jennifer Lurken, Gislason & Hunter, who has an extensive legal expertise that allows her to provide large and small businesses, agricultural producers, banks and individuals with effective advice and solutions to the legal issues they experience. As an experienced litigator with an emphasis on bankruptcy, banking, civil litigation and employment law, Jennifer helps clients navigate the complex and confusing process when they are sued or when they need to assert their rights against another.
A seasoned professional in all aspects of bankruptcy and debtor-creditor rights, Jennifer handles complex and sophisticated matters on behalf of clients. Jennifer assists individual and business creditors attempting to collect through the bankruptcy process. Jennifer has served on the panel of Chapter 7 trustees and has acted as a receiver. As a trustee and receiver, Jennifer is the representative for the recovery, preservation, liquidation and distribution of estate and receivership assets and the fiduciary responsible to various parties in interest in a case. Throughout her career, Jennifer has represented debtors, creditors and bankruptcy trustees. From these three different perspectives, Jennifer has an unique ability to assess matters from all sides to provide clients with advice that produces effective outcomes.
Jennifer strives to understand the needs of each client and to provide counsel in a manner that will help to simultaneously achieve both business and professional objectives.
Outside the office, Jennifer enjoys biking, swimming, cooking and spending time with her husband and two children.
Questions? Contact Patti Coles at Patti@Minnesota.Bank or (651) 789-3987