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Consumer Debt

Great Debates

"Past President's Debate: Resolved: The chapter 11 model is no longer viable for middle-market businesses. Consumer Debate: Resolved: Section 523(a)(8) should be repealed or amended to allow for the discharge of all student loan debts. Judicial Debate: Resolved: Section 546(e) does not apply to each and every link in a chain of transactions resulting in a ""settlement payment"" that is protected by the safe harbor provisions."
1 hour 13 minutes 40 seconds

Proper Disclosure: Pre-petition and Post-petition Assets

Panelists will cover the proper disclosure of assets in a Chapter 7 proceeding held pre-petition as well as assets obtained post-petition and after confirmation of a Chapter 13 plan, including the debtor’s continuing duty and the timing of required disclosures. Properly advise your client when there has been a change of income, receipt of inheritance, life insurance, lawsuit proceeds, or a national mortgage settlement. Gain knowledge of the implications for making or failing to make the disclosures of the debtor’s assets.