Bankruptcy

Minimize the stress and chaos of bankruptcy by being educated and fully prepared to make informed decisions about your future .

14
Hrs
Mins
Secs
04
51
33
Segments Duration
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INSTRUCTOR

John Diaz

Description:

Is bankruptcy the best path for you to take? This class will provide you with all the information you need to make that tough decision. We will cover the history and background of the bankruptcy process, with a detailed look at the related requirements and laws. Walk through the necessary steps and get to know the people and organizations that will be involved with each part of the journey, so you know the differences between trustees, creditors and parties of interest.  Compare and contrast the two applicable bankruptcy chapters, ensuring your knowledge of the points, plans and consequential actions involved with each option.  This class will help you be fully prepared to face a challenging financial situation when you have a firm grasp and understanding of each piece of the bankruptcy puzzle. Set things in order so you can move forward with hope for your future and confidence in your ability to manage your wealth.

  • 01

    Introduction to Bankruptcy

    With 23 years behind him as an attorney, John Diaz is an expert on many aspects of business law specializing in bankruptcy.

  • 02

    The Proccess

    John explains how a fresh start is the underlying policy within the bankruptcy law.

  • 03

    The Trustee Discharge

    A trustee can have many duties in a bankruptcy case, as explained by John.

  • Show all 14 segments

    • 04

      Chapter 7

      Different types of bankruptcies have unique procedures, which are required to facilitate the process as a whole.

    • 05

      Relief From Automatic Stay

      A creditor must file a motion with the court for this type of relief to be approved.

    • 06

      Judgments and Bankruptcy

      Each state has different laws when it comes to judgments with bankruptcies. John discusses the importance of learning your own state laws.

    • 07

      Divorce and Protection

      Certain debts may be non-dischargeable as advised by the creditor.  What do you need to know to protect yourself in this event?

    • 08

      Meeting of Creditors

      All debt information you own must be communicated to your attorney, so it can be discussed with the creditors and properly processed with your case.

    • 09

      Debts Vs. Assets

      Your debts and assets need to be calculated correctly in order to find your liabilities. Learn how to calculate them in this segment.

    • 10

      Creditors and Debtors

      You must give notice to all creditors in the event of a bankruptcy, since they also have rights that must be protected.

    • 11

      The Complete Picture

      Looking at the entire picture, instead of only what's in it for you, can help you decide whether to proceed or not.

    • 12

      The Homestead Act

      Do you know your rights concerning claims of equitable interest?

    • 13

      Consequential Damages

      Certain requirements, such as informing the other party involved, must be met to be able to collect consequential damages.  Make sure you have your bases covered.

  • 14

    Wrap Up

    A review of what vital information is needed, and must be submitted, to move forward with a bankruptcy.