Continuing Legal Education

Bankruptcy Basics from the Experts

April 11, 2014
8:50 a.m. – 4:30 p.m.
6.00 MCLE hours
Presented by Commercial Banking, Collections, and Bankruptcy

Chicago
ISBA Chicago Regional Office
20 S. Clark St, Suite 900
(map and directions)


Don’t miss this opportunity to update your knowledge on the ins-and-outs of a bankruptcy case!


Join us for this comprehensive look at bankruptcy procedure – from the different types of bankruptcy and the necessary steps to take when your debtor files for bankruptcy, to modifying an automatic stay and filing a proof of claim. Attorneys working in the commercial litigation, banking, collections and/or bankruptcy areas with basic practice experience who attend this full-day seminar will better understand:

  • How to conduct the initial client interview, including the appropriate consultation questions and the required client disclosures;
  • The statutory deadlines and requirements when representing a client during an adversary proceeding;
  • The purpose and goal of a 341 meeting;
  • The role of the Chapter 7 trustee in asset and no-asset cases;
  • How to maximize your client’s recovery when representing a creditor in a bankruptcy;
  • The common problems that can arise during a bankruptcy case and how to avoid them; and
  • Much more!

 

Please Note: Prior to the program, you will receive a weblink via email allowing you to access the course materials prior to the program. You will also receive a copy of the course materials (for no additional charge) when you arrive at the program, but will need to check the appropriate box on the registration page letting us know if you prefer a flash drive or printed course book.

Program Coordinator/Moderator:
Kent A. Gaertner, Springer Brown, LLC, Wheaton

 

Agenda

8:50 – 9:00 a.m.  Welcome and Introductions
Kent A. Gaertner, Springer Brown, LLC, Wheaton

9:00 – 9:45 a.m.  Initial Client Interview
Don’t miss this discussion on the practical and statutory considerations of the initial client interview, including consultation questions, statutory analogues, and the required documents and disclosures from the client.
Arthur W. Rummler, Law Offices of Arthur W. Rummler, Glen Ellyn

9:45 – 10:30 a.m.  Adversary Complaints
Whether you represent the plaintiff or defendant in an adversary proceeding under Section 523 or 727, you need to be aware of statutory deadlines and requirements! Join us for a look at adversary complaints, including the various causes for action arising under Sections 523 and 727, pleading standards, and pretrial procedures.
Elizabeth A. Bates, Springer Brown, LLC, Wheaton 

10:30 – 10:45 a.m.  Break (beverages provided)

10:45 – 11:30 a.m.  How to Prepare a Chapter 13 Plan
This segment explores the purpose and goal of a 341 meeting, as well as the process leading up to the confirmation hearing. Additional topics include: providing challenge-free adequate protection payments and working out objections to the confirmation.
Jim Burns, Burns & Wincek, Chicago, IL

11:30 a.m. – 12:15 p.m.  The Trustee’s Perspective – Chapter 7
This presentation provides the information you need regarding the role of the Chapter 7 trustee in both asset and no-asset cases. An outline of the trustee’s duties and tips on best practices when dealing with a Chapter 7 trustee are included.
Gina M. Krol, Cohen & Krol, Chicago

12:15 – 1:15 p.m.  Lunch (on your own)

1:15 – 2:00 p.m.  Trustee’s Perspective – Chapter 13
This comprehensive overview explores Chapter 13 bankruptcies from the trustee’s perspective, the common problems that can arise (and how to avoid them), and recent cases of note.
Glenn Stearns, Attorney at Law, Lisle

2:00 – 2:45 p.m.  The Creditor’s Perspective
Representing a creditor in a bankruptcy can be tricky. This segment discusses how to maximize your client’s recovery, while minding the automatic stay. Additional topics include: knowing when modification is appropriate; what to do with pending collection and mechanics lien actions; when and how to prepare and file proofs of claim; and how to deal with preference litigation.
Julia J. Smolka, Di Monte & Lizak, LLC, Park Ridge

2:45 – 3:30 p.m.  Chapter 7 Procedure
Get the information you need regarding Chapter 7 procedure, including the purpose of a 341 meeting and reaffirmation agreements.
Derek D. Samz, Di Monte & Lizak, LLC, Park Ridge

3:30 – 3:45 p.m.  Break (refreshments provided)

3:45 – 4:30 p.m.  A View from the Bench
This segment offers an in-depth look at the common problems that can arise during a bankruptcy case and how to avoid them. Successfully advocating your client’s position is also explored.
Hon. John H. Squires, Springer Brown, LLC, Wheaton