Filing and Updating Bankruptcy Proofs
of Claim
The New Rules and Forms Effective December 1, 2011!
A NorthLegal
Webinar presented Thursday, November 17, 2011
(Approximately 2 hr: 33 min including Q&A)
Cost/Registration | Regions Affected | How
to Attend a Webinar
Beginning December 1, 2011, new rules will
govern the filing and updating of all proofs
of claim in bankruptcy cases — and substantial
new penalties may be
imposed on those who fail to comply!
Enroll Now
Handout Materials
PDF forms and answers to frequently asked questions may be found by clicking the "Post-Program Information" link, above. The password is the same as the one to open the materials.
For years, many courts have expressed concern about the limited information provided in proof of claim forms. Last April the U.S. Supreme Court approved significant changes to bankruptcy rules that will require creditors to supply new information — in some cases a lot of new information! The new rules take effect December 1, 2011.
Although the majority of the new rules apply to principal residence-secured claims in Chapter 13 cases, there are also new rules applying to all personal property-secured claims.*
During this 2 hour 33 minute internet training program, attorney Eric North talks with participants about how these new rules apply to consumer lenders. Participants will learn—
| • | what new information must be included in all proofs of claim. |
| • | the new penalties that may be imposed on creditors who file non-compliant claims. |
| • | the documents that must be attached to all claims. |
| • | how to complete the new proof of claim form and attachments. |
| • | what supplemental information must be filed in Chapter 13 cases secured by the debtor's principal residence throughout the life of the case. |
| • | how a debtor may object to fees, expenses or charges added to principal residence-secured claims in Chapter 13 cases. |
| • | what new notice to expect at the conclusion of a case and how to respond to it. |
In the coming months, many creditors will lose all or part of their claims and may be subjected to sanctions because they failed to learn about and comply with these rules. Take this opportunity to avoid being one of them!
* NOTE: The discussion of issues relating
to principal residence-secured claims in Chapter 13 occurs after the discussion
of general issues, so those who do not file such claims may leave the program
early if they choose.
NOTE: This program is intended for employees of consumer lending
institutions. Please contact NorthLegal Training and Publications to obtain approval
before registering if you are not an employee of a consumer lending institution.
Cost/Registration
The fee to attend this archived program is $145.00 if paid by credit card or
$155.00 if paid by check. For that fee, you or someone from your financial
institution may view this program as often as you like for a period of 30 days.
Regions
Affected
This program will cover federal law applicable around
the country.
How to Attend a Webinar
To attend this NorthLegal Webinar, please do the following:
| • | Register. To register online using a credit card, visit the "Enroll Now" link shown above. To register by mail, call NorthLegal at 623.537.7150. |
| • | Check your email. Within moments after you complete the registration process you should receive two emails. One will be a receipt for the transaction and the other will contain a link and detailed instructions explaining how to use that link to attend the program. |
| • | Download the handout materials by clicking the "Handout" link shown above. |
| • | Call NorthLegal to obtain the password to open the handout materials. |
» NorthLegal Bankruptcy Conference
Speaker: Eric North
Eric North, the primary speaker at the programs listed on this site, has represented the interests of credit unions and other financial institutions as an attorney with respect to litigation, compliance, governance, bankruptcy and collections matters since 1984. Eric has appeared in state and federal courts throughout the State of California, and has argued before the Ninth Circuit Court of Appeal.Eric is also a nationally recognized speaker on legal issues relating to consumer lending institutions, and has presented hundreds of programs on behalf of national, state and local leagues and associations from around the country.
Webinar scheduling conflict? No problem. Now if you register for a NorthLegal Webinar before the program begins entitles you to watch it live AND to watch the archived version as many times as you like for 30 days! If you can't make the live program, you still have plenty of time to watch at a time that is more convenient for you!