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Understanding the New Bankruptcy Proof of Claim Form

Date: Wednesday, July 18, 2018
Time: 1:00-2:30 pm ET

Sponsored by Lorman Education Services


Registration - Live Webinar Only: $219.00

Registration - Live Webinar Plus CD Recording: $288.00

 

Gain an understanding of what the differences are compared in the old and new forms for a proof of claims.

On April 1, 2016, the Judicial Conference adopted a new proof of claim form (Form Number B410) which replaced the old form B10 which had been in use since April 2013 to be used in bankruptcy cases through the country.

The changes doubled the length of the form and now include many new questions concerning the formulation and basis for the asserted claim. This material will explore the major differences between the new and the old forms as well as discussing how to properly complete the form and the many pros and cons associated with filing a claim.

Learning Objectives:

  • You will be able to recognize the advantages and disadvantages associated with filing a proof of claim.
  • You will be able to discuss when the filing of a proof of claim is necessary.
  • You will be able to explain the steps necessary for you or your client to prepare a proof of claim form.
  • You will be able to review a completed proof of claim form.

This Live Webinar Covers These Hot Issues:

Introduction

  • Brief Overview of the Bankruptcy Process
  • Importance of Filing a Proof of Claim and Role of the Proof of Claim Form
  • Effects of Creditor's Failure to File a Proof of Claim
  • Old Proof of Claim Form and Frequent Related Issues

New Proof of Claim Form

  • Overview – Where to Find and When/Where to File
  • Differences Compared to Old Form
  • How to Complete the New Form
  • Key Points of the New Form
  • Claim Classifications
  • Requisites for Proving a Claim Including Supporting Documentation
  • Common Pitfalls
  • Keys for Filing and Substantiating a Successful Claim

Other Common Issues

  • Assignment/Transfer of Claims
  • Filing Logistics (Including Electronic vs. Paper Filing and Filing With BR Court vs.
  • Filing With Claims Agent)
  • Addressing and Overcoming Claim Objections
  • Timeliness and Late Claims

Key Takeaways for Creditors

Credit Information (Sponsored by Lorman Education Services)

  • CLE
  • CPE
  • NASBA

For Detailed Credit Information page click here

Only registered attendee will receive continuing education credit.

Faculty

Louis J. Cisz, III, Nixon Peabody LLP

  • Partner with Nixon Peabody LLP
  • Practice on insolvency, restructuring debts, creditors’ remedies and related litigation
  • Provides a full range of services to clients encountering insolvency issues, whether the issues arise in a bankruptcy case, a non-bankruptcy court forum or in an out-of-court commercial dispute or transaction
  • Frequent speaker and has written several publications
  • J.D. degree, University of Utah S.J. Quinney College of Law; B.A. degree, University of Notre Dame
  • Can be contacted at 415-984-8320 or lcisz@nixonpeabody.com

Lee Harrington, Nixon Peabody LLP

  • Partner in Nixon Peabody’s Financial Restructuring and Bankruptcy practice
  • Leader of the group’s distressed asset acquisition team and one of the group’s principal restructuring litigation specialists, practicing in both federal and state courts
  • Practice on two principal areas: distressed asset acquisition transactions both in and outside of formal insolvency proceedings and providing non-bankruptcy restructuring and dissolution services
  • J.D. degree, Boston College Law School; B.A. degree, University of Massachusetts
  • Can be contacted at 617-345-6016 or lharrington@nixonpeabody.com

(Not available outside the US)