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Consumer Debt

Shedding the Pounds of Debt: Mortgage Lien-Stripping in Chapters 7 and 11

11This panel will discuss practical considerations in addressing wholly unsecured junior mortgages, determining the amount of senior mortgages, timing of valuations and the burden of proof.
1 hour 11 minutes 52 seconds

Financing Our Future: Treatment of Student Loan Debt

Student loan debt has created a significant and growing national economic crisis. This panel will explore dischargeability issues and also discuss how student loan debt affects all of us – even those without student loans to pay off
1 hour 15 minutes 21 seconds

Consumer Tax Toolbox: What Wrenches, Hammers and Nails Do You Need to Deal with Consumer Tax issues

This panel will provide updates on the law and suggest the necessary tools for your consumer tax toolbox, in particular chapter 7 vs. chapter 13, what happens to IRS claims after discharge, offers in compromise, when creditors can send a 1099, whether a debtor can ask a creditor not to send 1099 as part of a settlement; and other thorny tax issues frequently facing consumer bankruptcy lawyers.
1 hour 28 minutes 24 seconds

Effectiveness of Reaffirmation Agreements

Reaffirmations of both secured and unsecured obligations remain a major component of consumer bankruptcy practice. This panel will discuss the ins and outs of the reaffirmation process from the debtor’s, creditor’s and debtor’s attorney’s perspectives.
1 hour 29 minutes 11 seconds

Consumer All Stars: Hot Topics and Hotter Opinions

This is not your run-of-the-mill current developments session. The all-star members of this panel will explore recent consumer topics, case law and rules, and proposed rules and forms, and will offer their varying opinions and arguments in a lively debate-filled format that is sure to enlighten and entertain.
1 hour 25 minutes 14 seconds

Second City Improvisational Debates

Moderator: Brian L. Shaw Shaw, Fishman Glantz & Towbin LLC Resolved: Credit counseling received on the petition date, though after the time of the filing, satisfies the requirements of section 109(h)(1). Speakers: Pro: Hon. Robert D. Martin U.S. Bankruptcy Court (W.D. Wis.); Madison Con: Hon. Eugene R. Wedoff U.S. Bankruptcy Court (N.D. Ill.); Chicago Resolved: Student loans should be dischargeable in bankruptcy. Speakers: Pro: William J. Factor The Law Office of William J. Factor, Ltd.; Northbrook, Ill. Con: Monette W. Cope Weltman, Weinberg & Reis Co., LPA; Chicago Resolved: “Fee jumping” in chapter 13 cases is legal and ethical. Speakers: Pro: Nicholas Perino Swanson & Desai, LLC; Chicago Con: Justin R. Storer Lakelaw; Chicago