Get a foundational understanding of the basic concepts of bankruptcy so that you can navigate the complexities of bankruptcy with ease.
Bankruptcy can have a substantial effect on the rights of creditors, and to protect their interests, they must know how bankruptcy works and what they can do. This topic is designed to arm creditors and other parties in interest with a basic understanding of bankruptcy in the United States. You will learn the differences between liquidation and reorganization cases, the sorts of notices you should expect to receive in connection with a bankruptcy, and when it is necessary to intervene or engage outside counsel. This program will be valuable for anyone seeking a comprehensive review of the basics of bankruptcy.
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
Filing for Bankruptcy
- Who Is Eligible
- What Is Required
- Voluntary and Involuntary Filings
- Differences Between Chapters of the Bankruptcy Code
Effect of Filing for Bankruptcy
- Automatic Stay
- Property of the Estate
- Use, Sale, or Lease of Estate Property
- Obtaining Credit
- Contracts and Leases
Claims Against the Estate
- Distinction Between Pre- and Post-Bankruptcy Obligations
- Treatment of Unsecured Claims
- Treatment of Secured Claims
- Treatment of Administrative Expenses
Closing a Bankruptcy Case
- Plan of Reorganization
- Effect of Discharge
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Credit
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Course
This course was last revised on February 26, 2020.
Call 1-866-352-9540 for further credit information.
- AR CLE 1.5
- This course has been approved for 1.5 hours of CLE by the Arkansas CLE Board.
- CA MCLE 1.5
- Lorman Business Center, LLC. is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
- MT CLE 1.5
- This program has been approved by the Montana Commission of Continuing Legal Education for a total of 1.5 CLE credits.
- NY CLE 1.5 including Areas of Professional Practice 1.5
- This course has been approved in accordance with the requirements of the New York Continuing Legal Education Board for up to a maximum of 1.5 credit hours in the area(s) of Areas of Professional Practice for 1.50 hours. Each hour may be counted only as satisfying one category of credit. Duplicate credit for the same hour of instruction is not permitted. This course qualifies for both established and newly admitted attorneys. Lorman Business Center, LLC. has a financial hardship guideline. Please contact customer service at 1.866.352.9539 for instructions on how to apply.
To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
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Credit
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Hugh McCullough
Davis Wright Tremaine LLP
- Partner in the Seattle office of Davis Wright Tremaine LLP
- Advises clients in litigations and transactions involving bankruptcy, the payments industry, and secured financings
- He regularly helps clients with matters that never reach a courtroom, but in cases requiring litigation, he has argued and won in the Washington Supreme Court, the 9th Circuit Court of Appeals, and federal courts around the country
- Conducts regular seminars on topics related to bankruptcy and the rights of secured creditors
- Member of the American Bankruptcy Institute and the Turnaround Management Association
- J.D. degree, cum laude, Northwestern University School of Law; B.A. degree in history and political science, Kansas State University
- Can be contacted at [email protected] or 206-622-3150
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Credit
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Why Lorman?
Over 35 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
All of your training, right here at Lorman.
Pay once and get a full year of unlimited training in any format, any time!
- OnDemand Courses
- Live Webinars
- MP3 Downloads
- Course Manuals
- Executive Reports
- White Papers and Articles
Additional benefits include:
- State Specific Credit Tracker
- All-Access Pass Course Concierge
Questions? Call 877-296-2169 to speak with a real person.
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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!
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