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The Basics of Chapter 7, Chapter 11 and Chapter 13 Bankruptcy Proceedings: What You Should Know

SKU: BNK2900N

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General Credits

Price$100

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Description

While bankruptcy is a useful tool for discharging debt or developing a plan to repay debts, understanding the different options for individuals or businesses is essential, as bankruptcy has long-term financial and legal consequences for people or entities who file under one of the various chapters of the Bankruptcy Code. Our expert panelists will describe the basics of the different options, the consequences of filing under one of the chapters, alternatives to bankruptcy, as well as key factors to consider when deciding to file a bankruptcy petition.

Chapters to be discussed include:

Chapter 7: Available to debtors who are individuals, partnerships, business entities or corporations and provides for the “liquidation –sale of a debtor’s non-exempt property, and distribution of the proceeds to creditors.
Chapter 11: Provides for the reorganization, usually of a corporation or partnership. Normally, the debtor proposes a reorganization plan to keep the business going and pay creditors over a period of time.
Chapter 13: Provides for the adjustment of debts of an individual who has regular income. The debtor is allowed to keep property and pay debts over time, normally 3-5 years.

Lecturer Bios

Norma E. Ortiz, Esq.

Norma E. Ortiz has been practicing bankruptcy law since graduating from N.Y.U. School of Law in 1987. She has a broad and diverse background and handles a wide variety of bankruptcy cases. Norma honed her skills in business bankruptcy Chapter 11 cases by serving as a trial attorney for the U.S. Department of Justice, U.S. Trustee’s Office, and clerking for the former Chief Bankruptcy Judge of the Southern District of New York Arthur J. Gonzalez.

She joined her father’s law firm and expanded her bankruptcy practice to include personal bankruptcy cases. Norma also helps those in need of representation in bankruptcy lawsuits and creditors in bankruptcy cases.

Norma believes strongly in helping others and has dedicated time to teaching other lawyers and clients about the benefits of bankruptcy. She has lectured on bankruptcy issues for the Bar Association of the City of New York, the American Bar Association, the Puerto Rican Bar Association, the Practicing Law Institute, Brooklyn Law School, Law Line, and numerous other organizations.

She has also volunteered her time to serve as the Chair of the Bankruptcy Committee of the N.Y.S. Bar Association’s Business Law Section, as a member of the Chapter 11 Lawyer’s Advisory Committee to the U.S. Bankruptcy Court, Eastern District of New York, as a member of the Second Circuit’s Committee on Civic Education, and co-chairs the Bankruptcy Committee for the Queens County Bar Association and NYCLA.

James P. Pagano, Esq.

James P. Pagano (“JPP”) is engaged in the practice of law in the areas of bankruptcy, insolvency and creditor’s rights and real estate transactions. (the “Practice Areas”)

After graduation from FORDHAN UNIVERSITY with a B. A. in 1971, he graduated from NEW YORK LAW SCHOOL (“NYLS”) in 1975. He was admitted to practice before the courts of the State of New York, and to the District Courts of the Southern and Eastern Districts of New York in 1976. He is also admitted to the Court of Appeals for the Second Circuit and to the United States Supreme Court.

His experience in bankruptcy began upon his appointment as an Assistant Attorney General of the State of New York, working in the Litigation Bureau, representing state agencies in bankruptcy proceedings and in the Consumer Frauds & Protection Bureau, representing consumers in cases where businesses had filed for bankruptcy, He then moved to a law firm, where a retired Professor of Bankruptcy Law at NYLS was the senior partner.

Attorneys from that law firm, including JPP, thereafter joined a law firm, where a retired Bankruptcy Judge was a senior partner. In 1984, he commenced his own practice, where he continues to work in the Practice Areas. He is currently the Co-Chair of the Bankruptcy Law Committee at the New York County Lawyers Association (“NYCLA”) and the Queens County Bar Association. He previously served in that position at NYCLA

He is a member of the NYLSA Alumni Association Board of Directors. He is a Past President and a member of the Board of Directors of the Columbian Lawyers of the County of Queens.

He is a member of the Board of Directors of the Apartment Corporation in which he resides

National Academy of CLE is a provider of CLE courses in Georgia, approved by the Georgia Commission on Continuing Lawyer Competency, sponsor #3730. To view our full accreditation details, please .

Accreditation and CLE Rules for Georgia

The Basics of Chapter 7, Chapter 11 and Chapter 13 Bankruptcy Proceedings: What You Should Know

Description

Chapters to be discussed include:

Lecturer Bios

Norma E. Ortiz, Esq.

James P. Pagano, Esq.

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