Filing, Updating & Withdrawing Bankruptcy Proofs
of Claim
A NorthLegal Webinar Presented Tuesday, April 8, 2014
Cost/Registration | How to Attend a Prerecorded Webinar
Enroll Now
Handout Materials
After enrolling, click here to obtain the handout materials in PDF. Then contact NorthLegal (623.537.7150) to obtain the password you will need to open those materials.
Proofs of claim serve a vital purpose in consumer bankruptcy cases—especially Chapter 13 matters. Failing to file one may cause payment of your claim to be delayed or cause all or part your claim to be lost entirely. Filing one incorrectly may have the same result or may even trigger substantial penalties!
In fact, it isn't just the proof of claim form that has to be completed and filed correctly; you must also properly prepare an itemization of the amount claimed (sometimes you must use an official form; sometimes you can't), update your proof of claim using official forms in certain situations, and even withdraw your claim if certain things happen.
Meanwhile, there are documents you must attach in order for your claim to be valid, but if you attach too many documents you might unnecessarily create problems!
During this 90 minute (approximately) program, attorney Eric North (see sidebar) works with participants to explain just what you must, may and must not do when preparing and filing a proof of claim for unsecured, personal property secured, and real property secured claims. Participants will learn—
| • | Exactly how to complete the official Proof of Claim form. |
| • | How to itemize principal, interest, late fees, attorneys fees, and any other amounts included in the claim (including when you must and when you can't use the official form). |
| • | What "Supplement 1" and "Supplement 2" are used for, how to complete them, and what happens if you don't do it correctly. |
| • | What other attachments must be included with the proof of claim. |
| • | How a debtor may object to your original claim or to fees or charges you add during the term of the bankruptcy case, and how to respond. |
| • | What information you are prohibited from including with a proof of claim and what your financial institution should do if you make a mistake. |
| • | What your duty is when a Chapter 13 provides your financial institution with a Notice of Final Cure Payment. |
| • | Common errors creditors make and how to avoid or fix them. |
Attend this program to learn how to prevent a poorly prepared proof of claim from causing your financial institution to lose thousands of dollars in claims, penalties and attorneys fees!
NOTE: This program is intended for employees of consumer lending
institutions. Please contact NorthLegal Training and Publications to obtain approval
before registering if you are not an employee of a consumer lending institution.
Cost/Registration
The fee to attend this archived program is $160.00 if paid by credit card or
$170.00 if paid by check. For that fee, you or someone from your financial
institution may view this program as often as you like for a period of 180 days.
How to Attend a Prerecorded Webinar
To attend this NorthLegal Webinar, please do the following:
| • | Register. To register online using a credit card, visit the "Enroll Now" link shown above. To register by mail, call NorthLegal at 623.537.7150. |
| • | Check your email. Within moments after you complete the registration process you should receive two emails. One will be a receipt for the transaction and the other will contain a link and detailed instructions explaining how to use that link to attend the program. |
| • | Download the handout materials by clicking the "Handout" link shown above. |
| • | Call NorthLegal to obtain the password to open the handout materials. |
» Archived NorthLegal Webinars
» NL General Bankruptcy Conference
» NL Advanced Bankruptcy Conference
Speaker: Eric North
Eric North, the primary speaker at the programs listed on this site, has represented the interests of credit unions and other financial institutions as an attorney with respect to litigation, compliance, governance, bankruptcy and collections matters since 1984. Eric has appeared in state and federal courts throughout the State of California, and has argued before the Ninth Circuit Court of Appeal.Eric is also a nationally recognized speaker on legal issues relating to consumer lending institutions, and has presented hundreds of programs on behalf of national, state and local leagues and associations from around the country.
Webinar scheduling conflict? No problem. Now registering for a NorthLegal Webinar before the program begins entitles you to watch it live AND to watch the archived version as many times as you like for 180 days! If you can't make the live program, you still have plenty of time to watch at a time that is more convenient for you!