Inoculating Your Home in the Age of COVID-19: How the CARES Act Boosts Consumer and Bankruptcy Law Protections for Homeowners (On-Demand)

$169.00

The Juris Doctors are in. Two lawyers bring two perspectives, some expertise, and wry humor to a serious subject. What does the federal CARES Act do? How does it improve borrower protections? Is it time to consider bankruptcy? Is this law a game-changer or a joke? Bankruptcy lawyer Mike Rethinger and mortgage litigator Rick Alembik will take a shot at answering these questions as best they can.

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Event Details

Course Type

Original Date Of Course

Course Instructor

Michael Rethinger, Esq., Richard S. Alembik, Esq.

General Credits

1.5

Course Description

The Juris Doctors are in. Two lawyers bring two perspectives, some expertise, and wry humor to a serious subject. What does the federal CARES Act do? How does it improve borrower protections? Is it time to consider bankruptcy? Is this law a game-changer or a joke? Bankruptcy lawyer Mike Rethinger and mortgage litigator Rick Alembik will take a shot at answering these questions as best they can.

Principles

  • How to Protect Your Home in the Age of COVID-19: Federal Protections for Borrowers and Renters — Introduction.
  • Backdrop of Existing Non-Bankruptcy Legal Protections.
  • Backdrop of Existing Bankruptcy Law.
  • The CARES Act (March 27, 2020).
  • Observations / Recommendations.

Syllabus

  1. How to Protect Your Home in the Age of COVID-19: Federal Protections for Borrowers and Renters — Introduction.
  2. Backdrop of Existing Non-Bankruptcy Legal Protections.
      • RESPA Post-Dodd Frank
      • Fair Credit Reporting Act
      • Protecting Tenants at Foreclosure Act
  3. Backdrop of Existing Bankruptcy Law.
      • Chapter 7
      • Chapter 13
  4. The CARES Act (March 27, 2020).
      • Income Assistance.
        • Stimulus Checks
        • Unemployment
        • Retirement Withdrawal
      • Changes to Non-Bankruptcy Law.
        • Foreclosure Moratoria — § 4022
        • Mortgage Loan Payment Forbearance — § 4023
        • Eviction Filing Moratoria — § 4024
        • Credit Protection — § 4021
    • Changes to Bankruptcy Law.
      • Definition of “debtor” expanded — 11 USC § 1182(1)
      • Exclude stimulus payments from Current Monthly Income calculation — 11 USC § 101(10a)(B)(ii))
      • Stimulus payments excluded — 11 USC § 325(b)(2)
      • Plan modification of up to 7 years — 11 USC § 1329(d)
  5. Observations / Recommendations.

Instructors

Michael Rethinger, Esq.

Richard S. “Rick” Alembik, Esq.

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