Bankruptcy - Protecting Your Rights as a Creditor
Duration : 90 Minutes
Scott Transue,
Scott Transue is an enrolled agent based out of Albany, New York. He owns his own tax preparation and representation firm, and has personally completed over 500 individual tax returns. He has unlimited representation rights for taxpayers and companies experiencing issues with the IRS.
He received a Master of Public Ad Read more
Bankruptcy is the process by which a debtor gets court approval to have debts legally eliminated. If you are a creditor or collection agency, it can seem like a complicated issue, but, it isn't. Congress has set forth measures to discourage the amount of bankruptcies filed, and to protect creditors from having to write off funds owed. This webinar will explain, in detail, the various types of bankruptcy. It will detail the change to the United States Bankruptcy Code that you absolutely MUST know about. The bankruptcy process itself will be described, as well as the things you need to make sure you do to protect the money owed to you. We will also discuss the types of debt not dischargeable in bankruptcy, and the order of hierarchy in terms of who gets paid first, second, third, etc. We cannot guarantee you'll get all the money owed to you, but we can guarantee you'll know how to make your best case for it.
Course Objectives:
• Learn the various types of bankruptcy
• Learn about the 2005 revision to the Bankruptcy Code
• Learn how to calculate whether a debtor qualifies for Chapter 7 bankruptcy through The Means Test
• Learn how the bankruptcy process works
• Learn how the Proof of Claim is used to best protect the monies you are owed
• Learn what to do if you are not notified of a debtor's bankruptcy
Why Should you Attend:
The session will help to understand:
• Chapter 7, Chapter 11, and Chapter 13 Bankruptcy
• The 2005 revision to the United States Bankruptcy Code - The Means Test
• Who Gets Paid First? - The Order of Hierarchy
• The Bankruptcy Process and the Proof of Claim
Course Outline:
• "Bankruptcy" defined
• 2005 Bankruptcy Abuse Protection Act
• U.S. Bankruptcy Code
• The Proof of Claim
• Hierarchy of Payment
• Non-dischargeable Debts
• Non-notification of a Bankruptcy
• Involuntary Conversion to Chapter 7 from Chapter 13
• Chapter 9 and Chapter 12 Bankruptcy - Unique Aspects
What You Get:
• Training Materials
• Live Q&A Session with our Expert
• Participation Certificate
• Access to Signup Community (Optional)
• Reward Points
Who Will Benefit:
• Accounts Receivable staff, Controllers, and Collection Agency personnel
• All professionals who want to expand their knowledge in the fields of debt collection
Please reach us at 1-888-844-8963 for any further assistance or if you wish to register
100% MONEY BACK GUARANTEED
Refund / Cancellation policyGet In Touch
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