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11/6/2019 8:30:00 AM
11/6/2019 4:40:00 PM
Annual Bankruptcy Update 2019 Western District
The latest in bankruptcy law
Judges from the U.S. Bankruptcy Court for Wisconsin's Western District will share key cases from the past year and reveal the rationale behind the reasoning they used. Plus, get up-to-speed on the newest court rulings with the Dale Ihlenfeldt Memorial National Case Law Update.
Chapter 11 vs. 13
Chapter 11 and Chapter 13 bankruptcy both provide a way for people to keep their property while restructuring their debt. Understand when Chapter 13 bankruptcy might be the best option for small business owners. Discuss how the Small Business Reorganization Act could reduce a small business's expenses while they seek and prepare a court-approved plan of reorganization.
Aging bankruptcy filers
A Consumer Bankruptcy Project study found that the rate of people 65 and older filing for bankruptcy is three times what it was in 1991.1 Explore how soaring medical expenses, declining incomes, inadequate savings, and a shrinking social safety net are contributing to a rise in older bankruptcy filers. Examine the pros and cons involved for your older clients who are considering filing for Chapter 7 or 13 bankruptcy.
Your clients tell you they don't have sufficient assets to meet their financial obligations. Can you take their word for it? Nope. You must conduct a reasonable investigation of your clients' assets and liabilities pre-petition. Discuss how to avoid ethical pitfalls when valuing your clients' assets.
If you deal in bankruptcies, you can’t afford to miss the Annual Bankruptcy Update 2019—Western District.
1 'Too Little Too Late': Bankruptcy Booms Among Older Americans