The CARES Act, which was signed into law on March 27, 2020, has many important economic stimulus measures — including some that will impact bankruptcy.
This webinar will discuss Section 1113 of the CARES Act, which, in part, excludes from the definition of “current monthly income” COVID-19 payments made by the federal government related to the COVID-19 federal emergency, and allows debtors who have been affected by the pandemic to modify their chapter 13 plans to allow payments for up to seven years after the first payment was due if their plans were confirmed prior to the enactment of the law.
The webinar will also discuss how bankruptcy courts have reacted on a local basis to the need for debtors to suspend their plan payments for extended periods of time due to the COVID-19 federal emergency.
Tuesday, April 7, 2020
1:00 - 2:15 pm ET
This webinar is free to attend and CLE is available to members in qualifying states.*
David P. Leibowitz, Moderator
Hon. Tracey N. Wise
U.S. Bankruptcy Court (E.D. Ky.)
Law Office of Goering & Goering, LLC
Robert M. Lawless
University of Illinois/Reporter, ABI Consumer Commission
Michael J. McCormick
* 1 hour of general CLE credit is available in the following pre-approved 60-minute-hour and 50-minute-hour states: AK, AL, AR, CA, DE, GA, IL, MO, NJ, PA, SC, TN, TX, VT, WI, and WV. These states follow an approved jurisdiction policy: AZ, CO, CT, NH, NY. ABI will submit attendance to DE, IL, NV, PA, TN, and TX. Attendees from Illinois claiming credit more than 30 days after an event will be charged the $25 Illinois late credit claim fee that becomes effective on January 1, 2020. For those jurisdictions not listed, ABI will not seek direct accreditation attorneys will need to self-submit. Some states allow may not allow self-submission. ABI will issue certificates for attorneys to self-submit for approval. ABI charges an administrative fee of $5 for Members and $25 for non-members upon requesting CLE credit for this program. Further details will be provided the day of the event.