Guide Small Businesses Through the New Bankruptcy Process

These are tough times for small businesses. Bankruptcy might be the best option. The new Subchapter V of Chapter 11 makes small business bankruptcy reorganization more streamlined and accessible—but also poses unique challenges. No matter your experience level with bankruptcies, our online training is the most convenient way to get up to speed so you can help clients during this difficult and fast-moving time.

Follow 14 experienced Michigan bankruptcy judges, trustees, and lawyers as they take you through actual cases. Hear strategies from lawyers representing both debtors and creditors. See the entire process firsthand, from prefiling considerations to implementing the reorganization plan.

WHAT YOU WILL LEARN TO DO

• Confidently present all viable options—including an out-of-court resolution
• Handle intense emotions from distressed clients
• Properly prepare before filing and minimize major business disruptions
• Navigate the fast-paced Subchapter V litigation process
• Incorporate advice from judges into your case strategy
• Minimize expenses and risks involved with first-day motions
• Effectively negotiate with creditors to obtain a consensual plan
• Implement creative plan drafting to achieve your client’s goals
• Work with the appointed case trustee toward plan confirmation