Bankruptcy filings in the US took a dramatic downward turn in 2005 when the Bankruptcy Abuse Prevention and Consumer Protection Act was signed into law. The law was designed to curb abuse and make it harder to erase debt. Many attorneys across the country dropped bankruptcy assistance all together from their list of services, as the number of people filing bankruptcy dropped to record lows. However, consumers are now struggling even harder with fewer financial resources to keep creditors at bay and bankruptcy filings are again at an all-time high.
“People are still carrying a lot of debt,” said Maureen Thompson, legislative director for the National Association of Consumer Bankruptcy Attorneys in Washington. While many Americans are surviving this tough economic time by dipping into their savings and retirement funds, a growing number are being forced to declare bankruptcy.
Currently, law offices across the country are experiencing a rise in clients needing these types of services and Arizona is no exception. Many are answering the call for help and adding this type of legal assistance back into their portfolio of services. It is more important than ever, that from basic filing processes to ethics, lawyers have a quality resource for information on bankruptcy procedures.
Live CLE programs are helping attorneys get the information they need to best serve their clients while also meeting the states usual continuing legal education (CLE) requirements. One live event scheduled to be in the Phoenix, Arizona area on June 17, 2010, is hosted by LawReveiwCle.com. The event has a number of quality guest speakers and covers the complete bankruptcy process of filing chapter 7 and chapter 13 bankruptcies.
The changes in the law post 2005, and the Means Test are hot topics to be discussed during LawReviewCle’s Consumer Bankruptcy 101 course live in the Phoenix area. The program schedule hosts a variety of acclaimed attorneys, such as Jonathan Frutkin, who will take attendees on a step-by-step day of instruction into the finer points of consumer bankruptcy laws: from the initial interview; to filling out the petition and confirming the chapter 13 Plan; and the 341 hearing.
If interested in attending a live CLE event here in the Phoenix, Arizona area, visit LawReviewCle.com today to secure your seat.
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