Workouts and Forbearance Agreements

February 23, 2023 | 10:00 am - 11:00 am CST

Complimentary (bank members) | $120 per person (nonmembers)

This presentation focuses on the process of going through a workout with a problem debtor and memorializing the agreement into a forbearance agreement. The presentation will also identify specific provisions that a forbearance agreement should include.

This session will cover: 

  • What information to look at to determine if a borrower is a good candidate for a forbearance agreement.
  • How to approach a potential workout and forbearance agreement.
  • What are some key components of a workout and forbearance agreement.

Presented in partnership with   

Jennifer Lurken, a partner at Gislason & Hunter, has 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. By representing creditors, debtors and bankruptcy trustees, Jennifer has experience representing all parties to secured transaction disputes and uses the perspectives she gained to obtain successful outcomes for her clients. As a Chapter 7 bankruptcy trustee and a receiver, she 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.

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


2/23/2023 10:00 AM - 11:00 AM

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