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Bennett's A to Z Guide to Small Business Bankruptcy and Insolvency, 2nd Edition

This publication is a practical guide for lawyers, accountants, trustees, and lenders regarding the complete bankruptcy process. Written by bankruptcy and insolvency expert Frank Bennett, the second edition includes up-to-date key legislative changes since the first edition published over 20 years ago.
Publication Language: English
Book
$185.00
Quantity

Softcover | 304 pages

In Stock
Published: September 12, 2023
ISBN/ISSN: 9780433528876

Product description

Bennett’s A to Z Guide to Small Business Bankruptcy and Insolvency, 2nd Edition is a practical guide for lawyers, accountants, trustees, and lenders regarding the complete bankruptcy process. Written by bankruptcy and insolvency expert Frank Bennett, the second edition includes up-to-date key legislative changes since the first edition published over 20 years ago.

In one handy and indispensable bankruptcy primer, readers of this new edition will find straightforward information on:

  • The major steps in the bankruptcy and proposal routes, including flowcharts, and providing an overview of the different stages
  • The duties of a bankrupt and the roles of the trustee, registrar and creditors
  • The distribution of a bankrupt’s property and exempt property
  • The property that a bankrupt is allowed to keep
  • The debts that survive bankruptcy
  • The disadvantages of bankruptcy and how to help your client avoid it
  • Common questions clients ask, such as:
    • Who Prepares the Debtor’s Income Tax Returns?
    • Is Notice of the Debtor’s Bankruptcy in the Newspaper?
    • Can Creditors Continue to Call on the Debtor for Payment After Bankruptcy?
    • Will the Debtor’s Employer Find Out About the Bankruptcy?
    • Is the Debtor’s Credit Rating Affected?
    • What Happens to the Debtor’s Bank Accounts?
    • Where Can the Debtor Acquire Better Budgeting Skills?
    • Can the Debtor Get a Loan After Bankruptcy?
    • Are the Assets of the Debtor’s Spouse Affected?
    • Where Does the Debtor Find a Bankruptcy Lawyer? A Trustee?
    • Does the Debtor Have any Director’s Liabilities?
    • Can the Debtor Keep the Car After Bankruptcy?

Features of This Book
Bennett’s A to Z Guide to Small Business Bankruptcy and Insolvency, 2nd Edition features a complete set of precedents plus a helpful glossary of terms, covering everything from “Application for a Bankruptcy Order” to “Writ of Seizure and Sale”. It also includes more than 30 forms designed to guide practitioners through the bankruptcy process, such as:

  • Statement of Affairs – Business and Non-Business
  • Resolution of Directors
  • Bankruptcy Order
  • Third Party Guarantee
  • Notice to Creditors of First Meeting
  • Proof of Claim
  • Notice of Impending Automatic Discharge of First-Time Bankrupt
  • Affidavit of Earnings
  • Notice to Creditors of Consumer Proposal
  • Plus many more

Who Should Read This Book
Written from a practitioner's point of view, this new edition is perfect for:

  • Bankruptcy and Insolvency Lawyers
  • Corporate and Commercial Lawyers
  • Lenders including banks, trust companies, syndicated lending associations
  • Trustees, Receivers, Monitors, Accountants, Debtors, Directors and Officers
  • Credit Counsellors
  • Corporate Secretaries, and In-House Corporate Counsel
  • Government agencies
  • Small business owners
  • Professionals and self-employed
 

Featured Authors

Table of contents

 Preface

Chapter 1: What is Bankruptcy?

Chapter 2: Who are the Persons Involved in the Bankruptcy Process?

Chapter 3: What are the Major Steps in the Bankruptcy Process?

Chapter 4: What Does the Trustee Do?

Chapter 5: What are the Types of Creditors in a Bankruptcy?

Chapter 6: What Property Can the Debtor Keep?

Chapter 7: What Debts Survive After Bankruptcy?

Chapter 8: What are the Bankrupt’s Duties?

Chapter 9: How Does the Bankrupt Get Out of Bankruptcy?

Chapter 10: What Are the Disadvantages to Bankruptcy?

Chapter 11: The Debtor is Ready to File

Chapter 12: Some Common Questions

Chapter 13: Is Bankruptcy the Best Solution?

Chapter 14: Should the Debtor Learn More?

Chapter 15: Glossary of Terms

Chapter 16: A Complete Set of Forms

Chapter 17: Excerpts From the Bankruptcy and Insolvency Act