Featured Courses
BK 100: Welcome to Schaller Bankruptcy Masterclass
Welcome to the Schaller-Bankruptcy-Masterclass. Who Should Take These Courses? Attorneys across the nation are adding a bankruptcy practice area to their list of services to attract new clients and increase their profits. FEES CAN RANGE FROM $1,500 PER CLIENT (Chapter 7) to $5,000+ PER CLIENT (Chapter 13). Just think, one…
BK 132: The Automatic Stay
The Automatic Stay Injunction Protection. The “automatic stay” is a statutory injunction against efforts outside of bankruptcy to collect debts from a debtor who is under the protection of the bankruptcy court. Saint Catherine Hospital of Indiana v. Indiana Family and Social Services Admin., 800 F.3d 312, 315 (7th Cir. 2015). Generally,…
BK 101: Chapter 7 Petition
Chapter 7 Petition. Every individual debtor seeking Chapter 7 bankruptcy relief commences a case by filing a “petition.” 11 U.S.C. § 301. But what constitutes a petition? Unlike the U.S. district courts that giver great latitude to drafters of a civil complaint, the U.S. bankruptcy courts do not give similar latitude…
BK 110: Statement of Compensation
Statement of Compensation. Chapter 7 attorney must file a disclosure of compensation for services rendered and reimbursement of expenses. 11 U.S.C. § 329(a); Bankruptcy Rule 2016(b). Like the schedules, Bankruptcy Rule 9009 requires a debtor to use a specific national form prescribed by the Judicial Conference of the United States when…