Bankruptcy 101 - Essentials of Bankruptcy for Creditors and Debtors
4.0 General CLE Credits | CLE #2019-027
Registration fee: $135
Sponsored by the Bankruptcy Law Section
Presenters:
Katheryn Perkins, Trial Attorney, U.S. Department of Justice
Jennifer Holland, Law Offices of Jennifer Holland
Thomas Buford, Bush Kornfeld LLP, Seattle
Nacole Jipping, Chapter 13 and Chapter 7 Trustee
Austin Barron, Birch Horton Bittner & Cherot
Michelle Boutin, Landye Bennett Blumstein LLP
Ben Ellison, DBS Law, Seattle
Gregory Garvin, Acting United States Trustee Region 18 (Alaska, Idaho, Montana, Oregon and Washington)
Topics covered:
• 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)
• Non-discharge actions
