Contact: John Hartgen
PUBLICATION PROVIDES CONSUMER BANKRUPTCY BASICS FOR FINANCIAL INDUSTRY
January 4, 2008,
Alexandria, Va. —The American Bankruptcy Institute’s
(ABI) newest publication,
Bankruptcy Fundamentals for the Financial Services Industry: A
Handbook for Non-lawyers, is designed for nonlawyer professionals
who service consumer bankruptcy accounts for financial institutions,
servicing companies and debt collectors. Written by Debra Lee
Hovatter (Spilman Thomas & Battle, PLLC; Morgantown, W.Va.), the
Handbook is a guide to understanding the bankruptcy process,
debtors’ rights and how bankruptcy affects a creditor’s
rights with respect to a consumer bankruptcy account. Among the topics
covered are the basics of bankruptcy, the attributes of the different
chapters under which a consumer may seek protection, the automatic stay
and discharge, reaffirmation and avoiding liens in bankruptcy. This
handy primer complements a financial institution’s policies and
procedures, and can be a helpful guide for lawyers who do not practice
in the bankruptcy arena, but want to understand the concepts.
The 176-page softbound manual
is available for purchase ($15 members; $25 non-members) at
ABI’s Online Bookstore.
Click here to order.
ABI is the largest multi-disciplinary,
nonpartisan organization dedicated to research and education on matters
related to insolvency. ABI
was founded in 1982 to provide Congress and the public with unbiased
analysis of bankruptcy issues. The ABI membership includes more than 11,500
attorneys, accountants, bankers, judges, professors, lenders, turnaround
specialists and other bankruptcy professionals, providing a forum for
the exchange of ideas and information. For additional information on
ABI, visit www.abiworld.org.
For additional conference information, visit http://www.abiworld.org/conferences.html.