Lesson
Watch the Program – Full Session
Bankruptcy Court Explained
Learning preview · Local demonstration progress only · No CLE credit awarded
Simulated player and attendance. No real course progress, CLE credit, certificate or email is created.
1 OF 5
Before you begin: Bankruptcy Court Explained
Course approval, credit value, and attorney eligibility are unverified. This preview uses simulated attendance and issues no real credit, certificate, or email.
Reference wording shown for review. This is a simulation.
Review player and attendance states
The 30-second countdown is illustrative. Production prompt timing and randomization require the agreed CLE configuration. These controls let you test each state immediately.
Finish watching the program to unlock the evaluation.
About this program
A bankruptcy filing starts a process; the client still needs a workable strategy. Peter S. White II and Alexander Knipenberg join Eugene Toussaint to discuss consumer debt and homeowner protection, drawing on foreclosure-defense and consumer-advocacy experience. Their conversation follows chapter selection, financial disclosure, trustee review, creditor claims, and the practical questions behind a proposal to keep a home.
The coursebook develops those subjects through Chapters 7 and 13, New York exemption analysis, filing and stay questions, and the relationship between personal liability and liens. Its fictional Rivera file supplies the records behind a Chapter 13 calculation and a completed claim objection. The worked analysis distinguishes the applicable financial tests, administrative allowances, actual trustee-fee assumptions, and available household cash. A favorable calculation on one test does not stand in for the complete recommendation.
Later chapters consider mortgage cure and modification, student loans, taxes, plan completion, and misleading rescue proposals. A separate Noel exercise tests the reader’s calculation and advice under changed asset and income facts. The October 12, 2026 quality revision identifies its dated authorities and editorial additions, including the current mortgage-status procedure at plan completion. The sixteen-segment episode timeline follows the October 13 guide; the eleven coursebook chapters provide the separate written study sequence.
What you will learn
- Select a potentially suitable chapter by testing goals, eligibility, assets, income, and prior filings.
- Prepare an initial filing calendar and distinguish ordinary, repeat-filing, and property-specific stay issues.
- Identify reportable property and compare exemption choices using stated values and liens.
- Calculate a Chapter 13 payment and test liquidation value, disposable income, fees, and feasibility.
- Compare mortgage cure, modification, and permissible lien treatment; choose a supported claim-challenge procedure.
- Evaluate student-loan and tax-discharge issues and deliver a supported client recommendation.
Who this course is for
Attorneys screening consumer debt problems or advising clients whose housing and finances intersect with bankruptcy.
Preparation
Prepare a fictional snapshot of assets, debts, income, household expenses, and the client’s goal. Prior bankruptcy practice is not assumed.
Course information
- Practice focus:
- Test chapter selection, disclosure, plan calculations, claim treatment, and feasibility against one documented client record.
- Format:
- Recorded discussion with companion written study
- Producer:
- Attorneys with Swag Learning Center
- Learning partnership:
- Latino Lawyers Association of Queens County
- Materials:
- 67-page coursebook · Participant review edition 2 · 2026-10-10 · Quality revision Q1 · 2026-10-12
- Proposed CLE request:
- Proposed: 1.5 CLE credits · Areas of Professional Practice
Approval not verified · No credit awarded
Before you watch
Dollar thresholds, exemptions, and special-debt rules can change. The examples introduce issues for analysis rather than establish a person’s eligibility or predict a discharge.
The recording and written materials are educational resources. Use current authority and the facts of a particular matter before applying the discussion in practice. The intended audience is not a determination of CLE eligibility.
Course materials and practice exercise
Materials and study guide
Participant review edition 2 · 2026-10-10 · Quality revision Q1 · 2026-10-12 · 67 pages. Available to read, save, or print.
Open Bankruptcy Court Explained coursebook (PDF) ↗The 67-page review edition 2 includes eleven chapters, fictional financial and claim records, worked Chapter 13 calculations, a completed objection with declaration, exhibit schedule and proposed order, and a separate Noel exercise with a reasoned answer. The edition distinguishes teaching assumptions from amounts or procedures that must be confirmed for an actual case. The mortgage-completion supplement includes a reconciled payment history, notice and response sequence, proposed status order, and a disputed-payment-change variation under the current Rule 3002.1.
Coursebook chapters
These are written chapters. The Segments tab follows the episode timeline.
- Choose relief around the client’s goal — pp. 7–10
- File with a calendar and a stay strategy — pp. 11–17
- Build a truthful, verifiable financial record — pp. 18–21
- Protect value through a supported exemption choice — pp. 22–25
- Build a plan that satisfies every test — pp. 26–34
- Separate personal liability from lien treatment — pp. 35–37
- Compare mortgage cure and modification — pp. 38–41
- Challenge claims with evidence and the right procedure — pp. 42–46
- Keep the plan viable through completion — pp. 47–51
- Analyze student loans and taxes separately — pp. 52–57
- Protect the client and complete the recommendation — pp. 58–64
Questions for closer study
- What is the person trying to accomplish in the example: address unsecured debt, catch up on mortgage arrears, obtain a modification, or preserve a particular asset?
- Build a preparation list from the discussion: assets, debts, income, expenses, tax returns, account records, pending lawsuits, and possible inheritances.
- Compare what the speakers say a Chapter 7 trustee examines with what a Chapter 13 trustee reviews and administers.
- For a creditor’s claimed balance, which documents would help counsel understand the basis, ownership, and amount of the claim?
- Identify the warning signs in the foreclosure-rescue examples. What facts should a homeowner understand about the service, filings, follow-through, and any proposed deed transfer?
Test chapter selection, disclosure, plan calculations, claim treatment, and feasibility against one documented client record.
Reconstruct the Rivera plan analysis and identify the evidence supporting the claim reduction. Then calculate Noel’s proposed payment, compare it with available cash, and reconsider the recommendation after the changed asset and income facts before reading the answer.
Study prompts support discussion; they do not establish CLE approval.