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Bankruptcy – How Does it Work? Types and Consequences | 3 Hours CE
September 16 @ 10:00 am - 1:00 pm
Bankruptcy is a court proceeding in which a judge and court trustee examine the assets and liabilities of individuals and businesses who can’t pay their bills. It’s designed to help individuals and businesses eliminate all or part of their debt or to help them repay a portion of what they owe. The court decides whether to discharge the debts, and those who owe are no longer legally required to pay them.
Bankruptcy can be a complex process, and the average person probably isn’t equipped to go through it alone. Working with a bankruptcy attorney can help ensure your bankruptcy goes as smoothly as possible and complies with all the applicable rules and regulations governing bankruptcy proceedings.
You’ll also have to meet some requirements before you can file for bankruptcy. You’ll need to demonstrate you can’t repay your debts and also complete credit counseling with a government-approved credit counselor.
Let’s talk with subject matter expert Marty Adkins with The Adkins Firm, PC for Q&A.
(This class will be live video streamed via Zoom. If you are not already familiar with the Zoom platform, please try and familiarize yourself prior to the class. Click here to contact us if you have any questions.)