Basic Bankruptcy for Bankers, Webinar

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• Talk the talk: Bankruptcy terminology
• The basics of the Bankruptcy Court system and the role of the U.S. Trustee's office
• An overview of the various chapters of the Bankruptcy Code (7, 9, 11, 12 and 13)
• Setoffs and foreclosure sales: The automatic stay and what the bank can and cannot do after it goes into effect
• Filing a proof of claim
• Secured vs. Unsecured vs. Undersecured Claims
• Exempt property
• What debts of an individual can and cannot be discharged
• The order or "priority" in which claims are paid in bankruptcy
• The rules on Reaffirmation Agreements
• Pursuing guarantors when a borrower files bankruptcy
• Rejection of leases and executory contracts: how they can affect the bank's collateral values
• Bankruptcy timetable and special rules for single asset real estate cases
• Special protections afforded members of the armed forces under the Servicemembers Civil Relief Act
• Preferences, fraudulent transfers and unauthorized post-petition transfers