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Debt Distress: Solid Advice for Consumers & Small Businesses

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

Created byToronto Lawyers Association
BeginnerUpdated Apr 7, 2023

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.

Course Content

1 activity • 1 videos • duration: 1h 50m

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Section 11 videos • 1.8 hours
  • videocamDebt Distress? Get solid advice to help consumers and small businesses
    Duration 110:43

Your Instructor

Toronto Lawyers Association

Toronto Lawyers Association

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star2,381 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

What Students Are Saying

4.5 out of 5
Student's Choice
32 reviews

Frequently Asked Questions

We are a registered provider with 300+ associations and regulatory bodies worldwide. We operate across 27 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.

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