Wed Sep 25
- CLE Credit
- print friendly
Bankruptcy 101 - Essentials of Bankruptcy for Creditors and Debtors
- 8:30 AM - 12:45 PM
- By: Alaska State Bar
CIRI Fireweed Business Center
- Continuing Legal Education Program (CLE)
•Summary of differences between Chapter 7, 11, 13, and 12
o Business bankruptcy fundamentals
o Consumer bankruptcy fundamentals
•When to advise your client to seek bankruptcy counsel
•How to read the schedules and statements and what they mean
•When is there a trustee and what is the role of the trustee
•The first meeting of creditors. When is telephonic participation allowed
•What is a reaffirmation agreement
•Resource information: link to the local bankruptcy court website.
•The automatic stay: what does it mean and who does it protect.
•What are exemptions; federal versus state exemptions.
•Relief from stay, the mechanics.
•Filing of a proof of claim and the importance of the same.
•The means test (Chapter 7 not always an option)
•What happens in a Chapter 13 (lender beware, Chapter 13 pitfalls)
- CLE Credit Comments: 4.0 General CLE Credits – CLE #2019-027
Alaska State Bar