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Courses/Law/Business/ Corporate Law

Debt Distress: Solid Advice for Consumers & Small Businesses

Insights from Bankruptcy Lawyers and Financial Experts on Insolvency and Bankruptcy Options

Created byToronto Lawyers Association
4.5
(31 reviews)
BeginnerUpdated Apr 7, 2023
Debt Distress: Solid Advice for Consumers & Small Businesses

What You'll Learn

check_circleIdentify debt distress warning signs.
check_circleLearn about debt consolidation options.
check_circleUnderstand consumer proposal processes.
check_circleExplore personal bankruptcy procedures.
check_circleCompare debt solutions for consumers and businesses.
check_circleGrasp ethical considerations in debt resolution.

About This Course

There is “good” debt and “bad” debt. But what happens when “good” debt becomes “bad”? What happens when your ability to service the debt is compromised? How can you steer your clients onto a path of financial health and stability? Is bankruptcy the only answer? What are all the options?

Join a panel of bankruptcy lawyers and financial experts in a candid discussion on how to help your consumer and small business clients with questions of insolvency and bankruptcy.

Session Topics & Presenters:

1. Russell Bennett

  • Responding appropriately to client dishonesty or fraud
  • Counselling a client who is using multiple credit products (flags)

2. Frank Bennett

  • Best practices for analyzing ethical dilemmas
  • The ethics of asset protection, including the test for reviewable transactions such as fraudulent conveyances

3. Scott Hannah

  • Client service
  • Handling client property and money appropriately
  • Joint matrimonial debts and the responsibility of both to repay
  • Focus on how family law lawyers counsel clients who have separated or divorced

4. Angela Pollard

  • A bankrupt’s duties in the face of not disclosing their lawsuits, such as: wrongful dismissal claims, motor vehicle claims, foreign assets.

Your Instructor

Toronto Lawyers Association
Toronto Lawyers Association

Toronto Lawyers Association

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star2,287 reviews

For more than 135 years, the Toronto Lawyers' Association, located within the Courthouse Library, has represented the interests of lawyers practising in the City of Toronto. The association was founded to support its members in three key areas: Knowledge, Advocacy, and Community. To uphold these pillars, the association offers a year-round mix of online and in-person education programs for lawyers, hosts both free and paid events to foster in-person networking, and submits advocacy pieces on behalf of its members to the Ontario bench and bar, all levels of government, and the broader public.

Credit Information

Is this course eligible for my CPD requirements as a Canadian CPA?

Provincial regulators of CPAs in Canada do not require that independent providers of CPD be approved to offer courses. Instead, individual CPAs are responsible for assessing whether a CPD activity meets their requirements, and may take activities from any source provided those requirements are met.

Every course offered on LearnFormula is delivered by a qualified subject matter expert or learning organization, and advances learning objectives that are relevant to the responsibilities or professional competencies of Canadian CPAs. All activities on LearnFormula are quantifiable in terms of hours, and are also verifiable, in that users receive documented evidence of their attendance via a certificate of completion after finishing a course (and this certificate is stored by LearnFormula indefinitely). Nearly 100,000 Canadian CPAs successfully satisfy their CPD requirements via LearnFormula on an annual basis.

What Students Are Saying

4.5
Student's Choice
31 reviews

Frequently Asked Questions

We are a registered provider with 327+ associations and regulatory bodies worldwide. We operate across 29 global markets including Canada, the US, Australia, and the UK. Every course page clearly displays its specific accreditations. Upon completion, you receive a professional certificate that can be validated online. Our certificates include all necessary accreditation details, credit hours, and completion dates, and are formatted specifically to meet the submission requirements of most global regulatory bodies.