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RC_LA_DA_302.1 Bankruptcy Basics
Member Price: $49.00
Nonmember Price: $79.00
Product Code: DL2-011027-WC-W
Delivery Options: N/A

Description of Product

This is a single-family/residential course.

Individuals or businesses that are financially unable to repay accumulated debt may seek to obtain a reasonable resolution through the bankruptcy process. Bankruptcy is a legal process that provides a possible release from specific financial obligations, or debts.

Bankruptcy Basics presents highlights of the US Code which governs bankruptcy: Title 11. The course begins by defining bankruptcy and presenting an overview of related concepts: the parties involved, basic steps to file, and the bankruptcy court system. Next it presents a brief history of bankruptcy in the United States. It then describes the four common forms of bankruptcy (Chapters 7, 11, 13, and 12), explaining what each chapter is, when it is used, and its basic process. Toward the end of the course, secured and unsecured claims, the role of the trustee, and the three possible resolutions of a bankruptcy case will be addressed.


  • Bankruptcy Fundamentals
  • Brief History of Bankruptcy in the United States
  • Types of Bankruptcy
  • Secured and Unsecured Claims
  • Role of the Trustee
  • Closing the Bankruptcy Case

    Seat time approximately one (1) hour.

    Copyright 2015.

    Product Category:
    Self-Study Web-Based Courses 
    This is a self-paced, self-study course. Enroll anytime and take up to 12 months to complete the course. 
    Contact Info:

    For registration information, call (800) 793-6222 or email education@mba.org.

    Contact E-mail:
    RC_LA_DA_302.1 Bankruptcy Basics 
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