Bankruptcy Basics for the Creditors Rights Attorney

Bankruptcy for the Creditors Rights Attorney Education Series

Monday, February 27, 2023
2:00 PM - 3:00 PM (EST)
Category: Webinars

Many non-bankruptcy lawyers are intimidated by the bankruptcy process. References to Bankruptcy Code sections as a shorthand for describing issues and solutions in the creditors rights context can cause added confusion.

Regardless of what area of creditors rights law you practice, undoubtedly you will find yourself confronted with bankruptcy issues. A basic understanding of the bankruptcy process is a must.

This educational webinar features an overview of bankruptcy code and case law topics for creditors rights lawyers of all experience levels.

Topics covered will include:

  • The various Bankruptcy Code chapters (7 and 13) and their implications
  • The automatic stay and its impact on debt collection and litigation
  • Discharge and its exceptions
  • Reaffirmation agreements and redemption
  • Filing Proof of Claims
  • Avoidance actions

CLE is pending for this webinar.

CLE Information

National Creditors Bar Association is a national provider of legal educational content. NCBA’s goal is to provide its members with as many opportunities as possible to earn Continuing Legal Education (CLE) credits. Some NCBA webinars state that they are pending approval. If a webinar is pending approval, it means that NCBA’s education staff is awaiting confirmation of approval for CLE credit from the accrediting body of a particular state; it should be noted that individual states have different response and approval rates. NCBA expects that the course will be approved for the credit amount and type listed, but approval is not guaranteed. An attorney can still take the course at their own discretion, though.

It is not uncommon for a course which is pending approval to not be approved until after the webinar has taken place. Once an official decision notice arrives from the state, NCBA will notify attorneys who have completed the course as soon as possible via email, and will re-issue any certificates of completion to reflect the updated state reporting numbers. However, it is recommended that attorneys do not view webinars that are pending approval close to their CLE deadline, as NCBA cannot guarantee that a course will be approved in time.

National Creditors Bar Association will seek MCLE accreditation, with the assistance of the ABA MCLE, for this webinar. NCBA will seek General CLE credit hours in 60-minute-hour states, and in 50-minute states, subject to each state’s approval and credit rounding rules. States typically decide whether a program qualifies for MCLE credit in their jurisdiction 4-8 weeks after the program application is submitted. For many live events, credit approval is not received prior to the program. A link for CLE requests will be provided to webinar attendees who have met the attendance and engagement requirements.