THIS PRODUCT TO BE DISCONTINUED ONCE SUPPLIES ARE EXHAUSTED.
This book will be replaced with The Chapter 13 Training Seminar Kit.

WHAT IS THE DIFFERENCE BETWEEN A CHAPTER 7 AND A CHAPTER 13 BANKRUPTCY PETITION?

To the attorney, paralegal or virtual assistant who is focused on preparing the bankruptcy petition, the Forms and Schedules are basically the same in a Chapter 7 as they are in a Chapter 13. The major difference is that the ''Chapter 13 Plan'' replaces the ''Individual Debtor's Statement of Intention'' in a Chapter 7.

Therefore, once you master the Chapter 13 Plan you will have the skills to prepare Chapter 13 bankruptcy petitions and receive an AUTOMATIC RAISE IN SALARY. Why? Because attorneys are paid more for a Chapter 13 versus a Chapter 7 and virtual bankruptcy assistants do receive more money because of their advanced skills in preparing the Chapter 13 Plan.

Do not allow your lack of knowledge in how to prepare a Chapter 13 Plan stand in the way of advancing your skills. The Chapter 13 Plan Training Workbook is an easy, step-by-step; 100-page guide that provides four different stages for your learning development, plus a TRAINING VIDEO that provides even more training and tips:

STAGES OF LEARNING

Stage 1

You will begin by studying an overview of Chapter 13 bankruptcy and learn how the Chapter 13 Plan replaces the Chapter 7 Debtor(s) Statement of Intentions.

Stage 2

You will take a Review Quiz and grade your answers. This will tell you immediately what areas of the lesson you need to review before moving on to the Hands-On Training.

Stage 3

The Hands-On Training section begins by downloading a Chapter 7 Best Case software file. You do not need to purchase Best Case for this training. Download the demo version and import the Best Case file used for this lesson. The Chapter 13 Plan Training Workbook will then walk you through every step of the process. (See below.)

BOOK EXCERPT TO DEMONSTRATE THE HIGH LEVEL OF DETAILED TRAINING PROVIDED IN THE HANDS-ON TRAINING SECTION:

The Chapter 13 Plan

Now we have came to the HEART of the Chapter 13 bankruptcy petition. So let's get started.

1. Double click on the Chapter 13 Plan form within Best Case.

2. Remove the $5,000 lump sum payment. Our attorney has informed us that the debtor(s) were expecting to sell the Lincoln for $5,000 and put it toward their bankruptcy, but since they decided to give up the Cadillac, they no longer have the $5,000 available to give to the court.

3. Go back to the first box (just above the lump sum payment section) and type a question mark (?). Click on the CALCULATE button.

You will receive an error message. The message is telling you that the payment for the Wells Fargo mortgage is too low to substantiate a 6.89 percentage rate.

... continued in the workbook.

TRAINING VIDEO INCLUDED

The training video that accompanies this package contains a demonstration that is produced directly on the computer screen. You watch the instructor as she completes each step and gives you tips and information along the way to improve your skills that are not included in the book.

ADVANTAGES

• For bankruptcy paralegals, learning how to prepare Chapter 13 Plans is essential now that the new BAPCPA is in effect. Because the BAPCPA dictates whether a debtor is eligible for Chapter 7 or Chapter 13, it is to your advantage to learn how to prepare Chapter 13's since you already know how to prepare Chapter 7s.
• Chapter 7 bankruptcy attorneys can add Chapter 13s to their law practice and stop throwing money out the window by giving the case to another attorney. Also, a Chapter 7 attorney can enjoy the financial benefits a steady stream of Chapter 13s can bring.
• As a virtual bankruptcy assistant, you can give yourself an immediate raise in salary. Preparing Chapter 13 Plans requires additional work; therefore you are paid $100 or more PER PETITION over and above your Chapter 7 fee.

Don't miss out on the opportunity to advance your skills which will pay off many times over.