BK 104: After the Discharge; What Happens When the Bankruptcy is Over?

BK 104: After the Discharge; What Happens When the Bankruptcy is Over?

Most bankruptcy training focuses on handling cases during bankruptcy. How to analyze a case. How to get the best deal. How to avoid getting sued. But what happens when the case is over — especially if there will be a continued relationship with the debtor?

BK 104: After the Discharge; What Happens When the Bankruptcy is Over?

What happens when the debtor still has the collateral but did not reaffirm? How should it be reported while payments are being made? What happens if payments are missed? What happens if insurance lapses?

What about mortgages and HELOCs? What happens if the mortgage was current when the bankruptcy was filed and payments were kept current; was the debt discharged? What happens if, after the bankruptcy, a payment becomes due? Must there be any special handling? May you do a workout agreement if you and the debtor agree? May you rewrite the mortgage? May you rewrite the mortgage when a balloon payment becomes due?

If the debtor had a balance on a credit card when the bankruptcy was filed, did not reaffirm, but continued paying and incurring charges; is the balance collectible?

Join creditors’ rights attorney Eric North for this live online training program on February 15, 2024, to discuss these and other important questions.

Register now or call NorthLegal at 623.537.7150 if you have any questions.

BK 104: After the Discharge; What Happens When the Bankruptcy is Over?

2024 NL BANKRUPTCY FUNDAMENTALS SEMINAR

June 10, 2024

Las Vegas, NV

BK 104: After the Discharge; What Happens When the Bankruptcy is Over?

2024 NL ADVANCED BANKRUPTCY CONFERENCE

June 11-14, 2024

Las Vegas, NV

2024 NL CONSUMER COLLECTIONS CONFERENCE

September 9-12, 2024

New Orleans, LA

NorthLegal Training and Publications | 5115 N. Dysart Rd, No. 202-500, Litchfield Park, AZ 85340

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