Silicon Valley Business School

Bankruptcy: Introduction – Source of Law
Free Extracts from the Bankruptcy & Cash Crisis Management Course
Below you are free to explore extracts of the learning materials included in this course. If you're interested in educating yourself on these topics, we recommend that you review all these materials. If you're looking for a credential, please take a look at the certificate version of this course which will test your understanding of the materials and track your progress through the course until you have completed it and earned your certificate.

  • Video ~ Corporations: Insolvency
This voice narrated slideshow presents creditors rights, Chapter 7 and Chapter 11 reorganizations. Bankruptcy is governed by federal law, under Article 1, Section 8 of the U.S. Constitution which states: "The Congress shall have Power.. To establish.. uniform Laws on the subject of Bankruptcies throughout the United States".

PDF slides for the learning material titled: "Video ~ Corporations: Insolvency".

This article explains the basics of both Chapter 7 and Chapter 13 bankruptcy.

Explains the origins of bankruptcy law in the United States.

This article provides an introduction to bankruptcy law in Canada. A person can voluntarily enter bankruptcy by relinquishing his financial being to a third-party specialist called a trustee: In Canadian bankruptcy law, such an action is called an "assignment" and is supervised by the Court. A person can also be forced into bankruptcy by a creditor and through a Court order.

  • Video ~ What Are the Various Types of Bankruptcy?
Video explains the different types of bankruptcy in the US.

An overview of bankruptcy, its types, and how can the process actually help you in various situations.

The automatic stay stops any lawsuit that is filed against you by a creditor, collection agency, government entity or other person seeking money from you.

  • Video ~ Bankruptcy Basics - Part 1: Introduction
What is bankruptcy? What happens in a bankruptcy case? Bankruptcy is a legal process that provides relief for individuals who can no longer pay all of their debts.

  • Video ~ Bankruptcy Basics - Part 2: Types of Bankruptcy
A brief review of the three main types of bankruptcy cases for individuals chapters 7, 11, and 13.

  • Video ~ Bankruptcy Basics - Part 3: Limits of Bankruptcy
Certain types of debt, such as child support, alimony, and most student loans, cannot be discharged in bankruptcy. Wrongful conduct may make some debts non-dischargeable. Examples of such conduct are incurring credit card charges without the intent or ability to repay, or obtaining loans using false financial information.

  • Video ~ Bankruptcy Basics - Part 4: Filing for Bankruptcy
How does someone file a bankruptcy case? In order to file for bankruptcy, an individual must take a credit counseling course to learn about alternatives to bankruptcy as well as accurately complete and file a number of documents.

  • Video ~ Bankruptcy Basics - Part 5: Creditors' Meeting

  • Video ~ Bankruptcy Basics - Part 6: Bankruptcy Crime
A debtor must be honest and accurate in dealing with the court or face serious consequences, including being charged with a bankruptcy crime.

  • Video ~ Bankruptcy Basics - Part 7: Courts Hearings
In some cases, a debtor may be required to appear at hearings before a bankruptcy judge.

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