With the moratorium on evictions, foreclosure sales, and suspension of student loan payments ending soon, a “pandemic” of bankruptcy filings could still happen. The implications of bankruptcy filings can be far-reaching to creditors, debtors, and even seemingly uninvolved parties. This session will cover how to advise clients who may need bankruptcy protection, including:
• When to recommend they consult with a bankruptcy attorney What they should do – and NOT do – to prepare for a bankruptcy filing
• What to do if they receive notice that a customer or vendor has filed bankruptcy
Plus, since any attorney’s practice could be affected by the rise in bankruptcies, you’ll review how to get paid for non-bankruptcy work when clients become involved in a bankruptcy and how to keep what you’re paid.