Intro Chap1,2[1]

227 views

Published on

Introduction to Paralegal duties and bankrupcty law

Published in: Career
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total views
227
On SlideShare
0
From Embeds
0
Number of Embeds
4
Actions
Shares
0
Downloads
2
Comments
0
Likes
0
Embeds 0
No embeds

No notes for slide

Intro Chap1,2[1]

  1. 1. Bankruptcy Intro, Chapters 1,2,4,&6
  2. 2. Responsibilities and Duties of a paralegal in a bankruptcy proceeding <ul><li>1. Research assistance </li></ul><ul><ul><li>Factual analysis </li></ul></ul><ul><ul><li>verification of exemption issues of protection in relief of stay </li></ul></ul>
  3. 3. 2. Document preparation <ul><ul><li>preparation of statements and schedules </li></ul></ul><ul><ul><li>proofs of claim for creditor </li></ul></ul><ul><ul><li>drafts motions for relief from automatic stay </li></ul></ul><ul><ul><li>motions to sell property </li></ul></ul><ul><ul><li>briefs in support of or in opposition to motions </li></ul></ul>
  4. 4. 3. Litigation support <ul><ul><li>Preparing digests of depositions </li></ul></ul><ul><ul><li>assembling and marking exhibits for a trial </li></ul></ul><ul><ul><li>compiling factual data for counsel </li></ul></ul><ul><ul><li>making charts or other demonstrative aids. </li></ul></ul>
  5. 5. Warning: Unauthorized Practice of Law <ul><ul><li>Paralegals must always work under the supervision of a licensed attorney and be aware at all times that they are not to give legal advice as an attorney. This constitutes the unauthorized practice of law and is an ethical violation. </li></ul></ul>
  6. 6. Short history and background of bankruptcy <ul><li>During the latter Roman Empire, a bankruptcy system developed in a sophisticated commercial economy. </li></ul><ul><li>Present American bankruptcy law, has evolved from the 18 th century English bankruptcy law. </li></ul><ul><li>Our US Bankruptcy Code provides for legal debtor relief in the form of discharge and also permits debtors to protect exempt property. </li></ul>
  7. 7. The United States Bankrupcty Code <ul><li>is a self-contained system designed to resolve the financial affairs of a debtor. </li></ul><ul><li>organized into nine Chapters </li></ul><ul><li>According to the Code there are either “liquidation” or “reorganization” proceedings </li></ul><ul><li>Was established in 1978 and has been revised five times. </li></ul><ul><li>The most recent and significant revision was in 2005 and is know as the Bankruptcy Abuse Prevention and Consumer Protection Act. </li></ul>

×