NACBA Webinar: Pre-Bankruptcy Exemption Planning
Date: Thursday, March 20, 2025
Time: 3:00pm -4:30pm ET
Speakers: Honorable Elizabeth L. Gunn, Ed Boltz, Esq. and Jenny L. Doling, Esq.
Member Price: $35
Non-member Price: $85
Description:
Navigating the complexities of consumer bankruptcy requires legal expertise and a strong ethical foundation. In this webinar, attorneys will explore how to effectively advocate for clients in the pre-bankruptcy planning phase while maintaining the highest standards of ethical practice.
Our expert speakers will delve into the key strategies for protecting clients' assets during this critical stage, offering practical insights into legally permissible asset protection techniques. Attendees will gain a deeper understanding of the ethical considerations involved, ensuring that they act in the best interests of their clients without crossing ethical lines or engaging in fraudulent conduct. We must help our clients to understand there is a trade off in bankruptcy whereby the client benefits greatly from eliminating debt in exchange for the liquidation of non-exempt assets. However, we also have a duty to assist our clients in maximizing the benefit and protections under the Bankruptcy Code. Could failure to advise a client of their options be malpractice? If counsel is inexperienced in exemption planning, must they refer the client to experienced counsel who will work to protect the client?
This session will cover:
- Ethical guidelines for pre-bankruptcy planning
- Balancing aggressive asset protection strategies with compliance
- Recognizing and avoiding fraudulent transfers
- Practical tips for maintaining transparent, honest client relationships and managing client expectations.
- How to navigate our advocacy duties and when to refer a client to more experienced counsel
Whether you are new to bankruptcy law or a seasoned professional, this webinar will help you refine your advocacy approach, ensuring that you protect your clients' financial future without compromising your professional integrity.