Topics Covered
1. Goals of federal bankruptcy laws - goals
2. Organization of the Bankruptcy Code - organization - Relevant BK Codes - http://www.doney.net/bkinfo/flowchart_text.htm
3. Features of Bankruptcy
3. Participants in the bankruptcy case
4. Terminology - see pages 72-78 Bankruptcy Basics
5. Jurisdiction and Procedure - FAQ Central District BK Courts - http://www.cacb.uscourts.gov/cacb/welcome.nsf/FAQ-GI?OpenPage
6. Commencement and administration of the case
7. Officers of the estate
8. The bankruptcy estate and the trustee's avoidance powers
9. Claim of Creditors
10. Administrative powers
11. Chapter 7: Liquidation
12. Chapter 13: Individual with regular income
Schedule of Coverage
Day 1
Basic Concepts: Introduction and Overview
Short Discussion of terms
Short History of Bankruptcy - U.S.
Purposes
Authorities
Procedures
Role of the Paralegal in preparation of bankruptcy papers
Forms and Schedules
Day 2
The Code 11 U.S.C.
General Chapters applicable to all
Chapter 7 liquidation
Chapter 11 & 13 reorganization
Review of Forms
Exemptions
Means Test
Important Code Sections
Rules
Individual Court preferences
Day 3
Refinements and Review
Chapter 13 Plan
Conversion
Assignment - Petition
Chapter 11 - additional formalities - trustee requirement, Creditors Committees, Disclosure statement & plan
Day 4
Graded assignment due
Creditors - claims - special circumstances - Creditor's remedies
Open review - Chapter 7 Petition, Chapter 13 Petition
Quiz
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