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Bankruptcy Specialist Exam Coming Up in October 24, 2017

The California Legal Specialist Examination is a one-day examination that will take place on:

Date:    Tuesday, Oct. 24, 2017

Location:  Northern California – Oakland Convention Center
Southern California – Pasadena Convention Center

Examination Fee:  Special pricing for registration will be offered this year. The examination registration fee is $100 if valid payment is received on or before May 1. The fee increases to $250 on May 2 and to $350 on Sept. 2. Registration deadline is Oct. 2. Read more…

Inn of the Court Meeting Set for February 8, 2017

 
The James T. King Bankruptcy Inn of Court meeting is scheduled for Wednesday, February 8, 2017 at 6:00 p.m.

Your hosts for the evening will be Co-Presidents: Hale Antico and the Honorable Neil Bason, our Program Moderator

We will be meeting at Taix French Restaurant located at:

1911 Sunset Blvd.
Los Angeles, CA 90026  Read more…

A Summary of Bankruptcy Law Third Edition

I have finally finished my Summary of Bankruptcy Law Third Edition.  You can get it on Amazon by clicking here.    The 400+ footnotes focus almost entirely on the 9th Circuit and California law.  Let me know what you think.

Judge Barash to Hold Brown Bag on Loan Modification Management Program

This program is an excellent opportunity for you to get the inside scoop on the new Loan Modification Management Program.  This is a “pilot” program meaning there will be a “feeling out” period by everyone involved.  I think its a great effort and should be supported by the local bankruptcy bar.  Brown Bag Flier Barash Read more…

Financial Report of the United States Government 2015

Just ran across this 274 page report.  “Mind blown,” as Kramer liked to say.  Statistics and financial info until you can’t stand it no more.

The financial fact that jumped out at me is that the US Government owns $3.2 trillion in TOTAL assets (page 60).  Of that, $1.2 trillion, or more than a third of the total, is “Loans Receivable.”  Of that, $977 billion is student loans!  So 31% of the value of the assets this country owns is receivable from students and former students.   I wonder how they valued the assets? Read more…

Online Training Seminars re Loan Modification Management Pilot Program

DMM, the program manager for the Court’s Loan Modification Management Pilot Program (“LMM”), is offering online training seminars on the use of the DMM web portal:

 Thursday, December 15, 2016, at 1:00 PM (Pacific Time), and Tuesday, December 20, 2016, at 10:00 AM (Pacific Time).
The free one hour online training seminar was specifically designed for attorneys practicing in California who represent borrowers/debtors.  Upon completion, participants will know how to gather and complete LMM paperwork and submit it directly to the loan servicer.  DMM Portal Training Topics include: Read more…

Central District Institutes New LOAN MODIFICATION MANAGEMENT PILOT PROGRAM

Chief Judge Sheri Bluebond has announced that the Central District has established a Loan Modification Management Pilot Program (“LMM”).  Currently, the LMM is just a pilot program and not a district wide program.

Five Judges are participating in the pilot program, Judge Julia W. Brand, Judge Neil W. Bason, Judge Scott H. Yun, Judge Catherine E. Bauer and Judge Martin R. Barash.

There are forms and procedures as you can imagine.  The forms may be accessed here.  The procedures may be accessed here.

The 11 pages of procedures state: Read more…

Top Ten Supreme Court Cases on Bankruptcy – This Friday at SFVBA

Email from Steve Fox

Dear All:

How many Supreme Court opinions that affect us bankruptcy practitioners can you name and discuss in court without notes?  If you are like most bankruptcy practitioners, the opinions of the Supreme Court too often seem to be mostly remembered in two ways: with uneasiness when the opinions are issued; and then later as some distant background as we forget what the Supremes held.

We have a really neat and intellectually important program on Friday, December 9th at 12:00 noon.  The MCLE is for 1 and ¼ hours.  Jon Hayes, David Gould and Alan M. Ahart (ret.) will discuss, argue, disagree and agree, analyze, tear apart and put back together, bring up fun trivia along the way, all while bringing to our attention why the Supreme Court matters to bankruptcy practitioners and how we can use their opinions to assist our clients.  Given that Jon Hayes prepared the materials, they have a very high quality. Read more…

My Alma Mater – Serra High

13 guys from my Alma Mater, Serra High School in Gardena, played in the USC-UCLA football game on Saturday.  This is from the Serra Newsletter:

“From the opening drive, you saw USC #2 (Adoree Jackson) line up against UCLA #2 (Jordan Lasley).  Old teammates trying to best each other from start to finish. Jordan came out on top first, but Adoree was lights out after that.  You saw Cavalier after Cavalier make his mark on the game. Deontay Burnett (USC), Jalen Greene (USC) and Caleb Wilson (UCLA) combined for 8 receptions and 1 carry. Rasheem Green (USC) and John Houston Jr. (USC) combined for 5 total tackles.”

FBA Program on Unbundling and Limited Scope Representation

I had a great time on Friday doing a program for the Federal Bar Assn with Judge Sandra Klein.  We tried to summarize the various code sections and rules that circumscribe unbundling and limited scope representation, at least in the central district.   The point was to show that there are really not very many black-letter rules. The point also is that attys may enter into agreements with persons which limit the efforts the atty will make on behalf of the person – subject to only a few rules.

I will summarize the rules.  It helps me get it clear in my head.

United State Constitution – nothing (tongue firmly in cheek). Read more…