Course Overview

The course is intended for beginners with little or no knowledge of Bankruptcy.

At the end of the course participants will understand the decision to become bankrupt, alternatives, the legal processes involved and the court system.

They will also develop a knowledge of how bankruptcy is effective and how settlements are made. The position of creditors is also explained and how cash is distributed.

Course Content

Bankruptcy
what is bankruptcy?
clients’ reasons
alternatives, arrangements, voluntary settlements
agencies advising and preparing bankruptcy
perils of debt rearrangement and consolidation

The process of bankruptcy
court systems
steps
court intervention
online processes

The legal forms
court visit
assets
judgment
satisfaction
the creditors

The insolvency process
role of the insolvency office
realising assets
releasing value
outcome
costs of bankruptcy
assets that can be retained by client
creditors actions

The outcome
what a client can and can't do
bank accounts
reserving value
if the client does not pay

PDF of course outline - Please note that tailoring is possible


IF YOU HAVE ANY QUESTIONS ABOUT THIS SEMINAR PLEASE WRITE TO US AT post@redcliffetraining.co.uk

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