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Free Bankruptcy Seminar on Chapter 7, 11, 13 Bankruptcy Laws

by Roilee Mandeville

in Bankruptcy Basics

This is a short list of topics discussed in a free bankruptcy seminar given by a South Carolina bankruptcy attorney. Some of the important topics include bankruptcy trends and statistics, property of the bankruptcy estate, and automatic stay expiration.

A South Carolina bankruptcy attorney Showell Blades leads a 93-minute free bankruptcy seminar on Chapter 7, 11, and Chapter 13 bankruptcy trends and procedures. Some of the topics that were discussed are the following:

Why do people file bankruptcy?

Some bankruptcy statistics.

Why did the credit card industry mailed out 30 billion dollars of pre-approved credit cards?

How bankruptcy is a way to deal with uncontrolled debt.

Is bankruptcy law the same for all states?

You can now file bankruptcy online through the Internet.

What is the role of the bankruptcy trustee in Chapter 13?

Some historical data including the transfer of assets.

What is debtor in possession or Chapter 11 bankruptcy?

There’s no bankruptcy trustee in Chapter 11 unless the debtor screws up badly.

The U.S. Trustee under the Department of Justice (DOJ) can show up in your 341 bankruptcy meeting.

The bankruptcy judge is appointed for a 12-year term and the federal court can renew this appointment.

When someone files for bankruptcy their assets become the property of the bankruptcy estate.

Some things to watch out for because the creditors can ask the bankruptcy judge to lift the power of the automatic stay.

The protecting power of the automatic stay can expire.

You cannot file bankruptcy within the same year without the automatic stay expiring. After 30 days of filing bankruptcy within the same year, there’s no more automatic stay.

These are just some of the topics discussed in this free bankruptcy seminar.

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