White Paper

13 Pages
  • 13 Pages

Protecting Your Rights in Bankruptcy Collection


Minimize your exposure to bankruptcy losses by knowing your rights as a creditor.

Anyone who files for bankruptcy protection must appear for a creditor’s meeting as required by Section 341 of the Bankruptcy Code. This meeting allows the trustee to verify the accuracy of the debtor’s bankruptcy petition and schedules. Creditors have the right to ask questions of the debtor at the 341 meeting as well. This presents a good opportunity to inquire about your specific collateral, its location, insurance status, and condition as well as the debtor’s intentions regarding the same. This white paper reviews the importance of filing a proof of claim and having a reaffirmation agreement; as well as the possibility of relief from an automatic stay and objections to discharge.



Alto Lee Teague, IV

Alto Lee Teague, IV

Engel Hairston & Johanson, PC

  • Associate in the office of Engel Hairston & Johanson, PC
  • For the past seventeen years he has practiced law in the areas of Commercial and Consumer Collections, Complex Commercial Litigation, Creditor's Rights, Creditor Defense, Landlord/Tenant Disputes, Ejectments, Unlawful Detainers, Bankruptcy, and Commercial Lending Transactions. Member of the Birmingham Bar Association, The Federalist Society and Christian Legal Society and has previously been selected as a Rising Star in the Alabama edition of Super Lawyers
  • Admitted to the Alabama Bar in 2000 and U.S. District Courts; Middle, Northern and Southern Districts of Alabama
  • J.D. degree, Cumberland School of Law, Samford University; B.A. degree, Samford University
Jonathan E. Raulston

Jonathan E. Raulston

Engel Hairston & Johanson, PC

  • Partner in the office of Engel Hairston & Johanson, PC
  • Practices in the areas of creditor rights, foreclosure, workouts, commercial litigation, bankruptcy and collections
  • Frequent lecturer on topics including creditor rights, foreclosure, and bankruptcy
  • Has handled SBA loan related issues for the past decade
  • Member of the Alabama State Bar, American Bar Association, Birmingham Bar Association (chair, Bankruptcy and Commercial Law Section; co-chair, Long Range Planning Committee)
  • Listed as a Rising Star in Alabama Super Lawyers
  • J.D. degree, University of Alabama School of Law; B.S. degree in health care management, University of Alabama

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • Live Webinars
  • OnDemand Webinars
  • MP3 Downloads
  • Course Manuals
  • Audio Recordings*
  • Executive Reports
  • White Papers and Articles
  • Sponsored Live Webinars

Additional benefits include:

  • State Specific Credit Tracker
  • Members Only Newsletter
  • All-Access Pass Course Concierge

* For audio recordings you only pay shipping

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today

Access to all training products $699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.