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Georgia Bankruptcy Laws and Obligations - Webinar

  • ID: 4033294
  • Webinar
  • Region: Georgia
  • 90 Minutes
  • Lorman Business Center, Inc.
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Understand Georgia bankruptcy issues and laws to help provide your clients with financial solutions and guidance.

Clients facing financial stress or a bankruptcy filing by a business vendor or customer often need expedited guidance to navigate a variety of bankruptcy issues and strategies. This topic offers a broad overview of bankruptcy law and procedure for practitioners who want an understanding of the process to be positioned to provide valuable solutions and guidance.

The presenters will review the available bankruptcy options, compare bankruptcy to other types of restructuring, explain fundamental concepts for debtors and creditors, and highlight Georgia-specific insolvency issues. A preliminary understanding of bankruptcy issues and law will enhance your ability to help clients address financial stress and uncertainty in the future.
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Overview
- Four Types: Chapters 7, 11, 12, 13
- Comparison With Compared With Receiverships, ABCs, Dissolution

What Is Bankruptcy?
- Sources of Law
- "Fresh Start" Concept
- Automatic Stay
- Discharge

Chapter 7
- Advantages and Disadvantages
- Trustee Role
- Means Test

Chapter 11
- Advantages and Disadvantages
- Debtor-In-Possession
- Plan Confirmation Process

Chapter 13
- Advantages and Disadvantages
- Trustee Role
- Eligibility
- Lien Stripping

Automatic Stay
- Scope and Exceptions
- Grounds for Relief

Claim Process
- Proof of Claim
- Objections
- Distributions

Discharge
- Scope
- Grounds for Objection

Avoidable Transfers
- Preferences
- Fraudulent Transfers

Georgia-Specific Issues
- Foreclosure
- Garnishment
- Repossession
- State Law Exemptions
- Georgia's Uniform Avoidable Transactions Act

Recent Trends
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Kathleen G. Furr, Baker, Donelson, Bearman, Caldwell & Berkowitz, PC Kevin A. Stine, Baker, Donelson, Bearman, Caldwell & Berkowitz, PC
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This webinar is primarily designed for attorneys. Other legal professionals may also benefit from attending.
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