With the recent downturn in the economy and depressed housing market, many individuals have turned to bankruptcy for a possible fresh start. Bankruptcy law also frequently intersects with other areas of commercial law and attorneys from various practice areas are often called upon to assist clients that are impacted by actual or potential insolvency issues. Attorneys need to know enough about bankruptcy and reorganization topics to ask clients the right questions and to help them get assistance in their bankruptcy matters where appropriate.
If you need to brush up on the basics of bankruptcy then join Ed Hays and Richard Marshack for a thorough and practical overview of key bankruptcy principles. The course begins by walking through the commencement of the bankruptcy case, presents key bankruptcy issues that you should be aware of and then Mr. Hays and Mr. Marshack discuss the mechanics of the bankruptcy case. The main issues discussed include federal bankruptcy law, other rules & laws affecting bankruptcy law, forms, voluntary & involuntary bankruptcy, the bankruptcy petition, pre-bankruptcy considerations, Chapter 7 liquidation, the trustee’s role, the goals of bankruptcy, the means test, the bankruptcy estate, property exemptions, community property states, the automatic stay, dischargeability of debts, litigation, bankruptcy alternatives, Chapter 13 individual debt adjustment and Chapter 11 reorganization.
Mr. Hays earned the distinction of being a Super Lawyer from 2011-2014. He currently serves on the Board of Directors for the following organizations: Orange County Bankruptcy Forum; Legal Aid Society of Orange County and the University of Southern California Law School Annual Fund. In 2004, Mr. Hays was the Chair of the Resolutions Committee for the Orange County Bar Association and has served as a delegate to the State Bar Conference on behalf of Orange County every year since 1995. He has been selected on numerous occasions to present lectures on various legal topics including bankruptcy, exemptions, enforceability of spendthrift trusts, and online public record research. Richard A. Marshack has been an attorney and bankruptcy trustee for over twenty-five years. Mr. Marshack was Law Clerk to the Honorable Folger Johnson, Chief Judge, United States Bankruptcy Court, District of Oregon, 1982-1984. He has also served as an Adjunct Professor of Bankruptcy Law at Western States University College of Law and the University of California, Irvine. Mr. Marshack has authored several bankruptcy articles and is frequently called upon to present on various bankruptcy issues around Southern California.