Due to the continued downturn in the real estate market, bankruptcy attorneys must stay abreast of continuing developments on the treatment of secured claims in bankruptcy proceedings.
Attend this program to learn how to better advise clients who are interested in obtaining a reverse mortgage and how to understand default servicing practices for mortgages in default. This seminar will also give you the tools to understand valuation of residential properties for bankruptcy purposes, and to represent your client at a valuation hearing. Finally, panelists will discuss whether maintaining a property is impractical or impossible and address the taxation pitfalls of short sales and the surrender of real estate.
Specific Topics:
I. New developments in reverse mortgages and default servicing: A discussion with Salem Fives Ed Barrett and Kim Downey
II. Discussion of the Pros and Cons of short sales in the bankruptcy context. Issues to consider pre and post filing. What every practitioner should consider in this recession.
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III. Valuation of residential properties in the bankruptcy context and what you need to know about valuation hearings
If you intend to take a course for CLE credit, please make sure your state is listed in the "Accreditation" section to the upper right of the program description. Accreditation displayed is unique to the purchased program format (live conference, live webcast, on demand, podcast). Credit totals listed for live conferences are the maximum credits available. Credits issued will be based upon actual time in attendance. Credit totals for other formats are for complete programs. Partial credit is not available for any online or downloadable format.
West LegalEdcenter will not provide accreditation for states not listed.
This product is intended for individual use by the named purchaser. Group viewings for online programs may be arranged for five or more attorneys within the same organization prior to viewing by emailing west.wlec-sales@thomson.com.