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Consumer Bankruptcy

ABI Consumer Commission Forum

Join Hon. Eugene R. Wedoff (ret.), ABI President and member of the ABI Commission on Consumer Bankruptcy, for a discussion of the Commission’s recommendations for improving the consumer bankruptcy system within the existing structure. Attendees will have the opportunity to offer ideas and feedback on key issues, in advance of the Commission’s December 2018 release of its recommendations. To learn more about the ABI Commission on Consumer Bankruptcy, visit consumercommission.abi.org.

Turning the Page to the Next Chapter: Individual Chapter 11 Cases

This panel will review constitutional issues under § 1115 and the appointment of chapter 11 trustees, as well as debate whether conversion from chapter 7 to chapter 11 violates the 13th Amendment.

Chapter 13: Improving the Process

This panel will discuss means of improving the chapter 13 process, including how to reduce abuses and thereby accelerate chapter 13 cases, as well as the new Rule amendments going into effect Dec. 1, 2017, and will contrast plans under chapters 11 and 13.

Reaffirmation and Surrender: A Debtor’s Dilemma Demystified

This panel will discuss recent case law highlighting the fallout from failing to reaffirm, what “surrender” really means, and what you need to know when advising your client on the benefits and burdens of reaffirmation and surrender.
1 hour 13 minutes 39 seconds

Disincorporation: Pre-Petition Planning Versus a Harbinger for Disaster

This panel will discuss the growing practice of the pre-petition transfer of business assets to insiders to allow for an individual filing, and the resulting issues for the debtor and its creditors. Is it fraud per se, or is it a creative way to get your individual client and their business assets into one case? Join us as we discuss this inspired, but precarious, practice.
1 hour 11 minutes 38 seconds

A Perfect Storm: The Ethical Dilemma of Just Asking to Be Paid

Does an approved fee application shelter counsel from malpractice claims brought by the client? If it does, how do you advise your client about how the application and its approval affects a client’s future claim against you? Does asking for it to be paid pit you against your client and create an unavoidable conflict of interest? Get the tools to navigate these murky ethical considerations.
1 hour 9 minutes 8 seconds

Stranger Things in Chapter 13

Balloon payments, assets acquired post-petition, student loan classifications and discharged debts related to criminal activity: Can these issues be navigated without throwing a debtor’s plan upside down? Catch up on strategic tips and considerations that will help you get your debtor to the other side of a chapter 13.
1 hour 11 minutes 59 seconds

Reaffirmation and Surrender: A Debtor’s Dilemma Demystified

This panel will discuss recent case law highlighting the fallout from failing to reaffirm, what “surrender” really means, and what you need to know when advising your client on the benefits and burdens of reaffirmation and surrender.
1 hour 13 minutes 39 seconds

What’s Your Favorite? Supreme Court Decisions that Will Impact (and Already Have Impacted) Bankruptcy Practice

A panel of judges, academics and Supreme Court practitioners will lead a discussion regarding the 2016-17 Supreme Court decisions of note for insolvency practitioners, as well as the high court’s most impactful, interesting or problematic decisions on bankruptcy practice to date. Amendments to Rule 37(e) (in effect since December 2015), as well as courts’ and litigants’ experiences with amended Rule 37(e), will also be discussed.
1 hour 31 minutes 30 seconds

Disincorporation: Pre-Petition Planning Versus a Harbinger for Disaster

This panel will discuss the growing practice of the pre-petition transfer of business assets to insiders to allow for an individual filing, and the resulting issues for the debtor and its creditors. Is it fraud per se, or is it a creative way to get your individual client and their business assets into one case? Join us as we discuss this inspired, but precarious, practice.
1 hour 11 minutes 38 seconds