Sponsored by the Consumer Bankruptcy Committee
On December 9, Senators Elizabeth Warren (D-Mass.), Dick Durbin (D-Ill.) and Sheldon Whitehouse (D-R.I.) and Representatives Jerrold Nadler (D-N.Y.) and David Cicilline (D-R.I.) introduced the Consumer Bankruptcy Reform Act of 2020. The Act proposes a fundamental reform of the consumer bankruptcy process under the Bankruptcy Code, with the goal of making the process easier, less expensive and more equitable. Among other things, the Act proposes to replace chapter 13 and chapter 7 with a new chapter 10 that simplifies the consumer bankruptcy process and provides flexibility in terms of the consumers’ retention of assets and commitment of income toward the repayment of claims. Please join our panel in a discussion of the Act’s highlights, including their initial impressions on the contrast between current processes under chapters 7 and 13 and the proposed processes under chapter 10.
Thursday, December 17, 2020
12:00 - 1:15 PM EST
This webinar is free to attend, and CLE is available to members in qualifying states.*
Thomas A. Lee III, Moderator
Becket & Lee LLP
Malvern, PA
John R. Bollinger
Boleman Law Firm, P.C.
Hampton, VA
Hon. Bess M. Parrish Creswell
U.S. Bankruptcy Court (M.D. Ala.)
Montgomery, AL
Nancy J. Whaley
Standing Chapter 13 Trustee
Atlanta, GA
* CLE credit is available to attendees in qualifying states. You must view the entire program in order to receive CLE credit. During the program, several numeric codes will appear at random intervals. Please keep track of these codes, as you will need them to confirm your attendance for a certificate. ABI charges an administrative fee of $5 for members and $25 for non-members upon requesting CLE credit for this program.
ABI’s live webinars are approved for CLE credit in AL, AR, CA, DE, GA, IL, MS, MO, NV, NM, NY, NC, OK, PA, RI, SC, VT and WV; available for credit in AK, AZ, CT, HI, NH and NJ; applied for in CO, FL, IN, IA, KS, ME, MN, MT, OH, TN, TX, UT, VA, WI and WY; and may be self-applied for in ID, KY, LA, NE, ND, OR and WA.
ABI will submit attendance to AL, DE, GA, HI, IN, KS, ME, MS, MT, NC, NM, NV, OH, OK, PA, RI, SC, TN, TX, UT, WV and WY.
Attendees from Illinois claiming credit more than 30 days after the event will be charged a $25 Illinois late-credit claim fee. All information necessary to claim credit will be provided with your certificate.
1.5 hours of CPE credit are also available. Attendees must have at least some detailed knowledge of insolvency matters (pursuant to the Statement on Standards for CPE Programs established by AICPA and NASBA). ABI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State Boards of Accountancy have the final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.nasbaregistry.org