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
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)
• 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