The Automatic Stay for the Creditors Rights Attorney
Legal Learning Webinar
The third episode in our Bankruptcy for the Creditors Rights Attorney Education Series is all about the automatic stay. What is the stay, what does it apply to, and what actions are not subject to the automatic stay? Subject matter experts John Sperati and Landon Van Winkle of Smith Debnam Narron Drake Saintsing & Myers, LLP, will also cover various circumstances under which the stay is lifted, terminated, annulled, modified, or limited, including cases with repeat filers. Practice pointers include how to structure your consent order granting your client relief from stay, when to ask for in rem relief from stay, and how adequate protection weighs on the issue of stay relief.
CLE is pending for this webinar.
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.