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VBA Certification Exam AND Chapter 13 Concepts Exam

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Product Description

Purchase the VBA certification exam AND the Chapter 13 Concepts exam together, and save money!

VBA Certification Exam

The VBA Certification Exam is the ONLY exam that accurately measures the skill levels in preparing Chapter 7 bankruptcy petitions.

Its purpose is to provide attorneys with the assurance that “Certified” VBA's possess the necessary basic skills to prepare an average bankruptcy petition.

Because every bankruptcy petition is unique and different it is impossible to develop an exam that tests in all possible scenarios of debtor bankruptcy from the VBA perspective. However, an individual who takes the time to study and pass all areas of the VBA Exam with a grade of 80% or higher, normally has more advanced knowledge in debtor bankruptcy compared to an inexperienced legal staff member.

713 Training takes VBA Certification very seriously, and expects students to take it seriously as well. 

Because the training materials available from 713 Training are designed to be able to go from no legal experience to qualified Virtual Bankruptcy Assistant (VBA), the exam is based on these materials, so that familiarity with the training materials will be of great benefit to the individual taking the exam.

This means though, that this exam is not something that a person can just "test out" of, and requires familiarity with the training materials it is based off of.

Details about the test

1. After purchasing the exam, or redeeming a coupon to take the exam, you MUST complete the exam within 30 days

2. The exam is taken online, and requires that you have access to a computer with an internet connection to take the exam

3. To protect the integrity of the exam, YOU MAY ONLY TAKE THE EXAM A TOTAL OF TWO (2) TIMES...NO EXCEPTIONS

4. If you do not pass the exam, you may only take it a second time, AFTER a six month period of time has elapsed (Note: You must pay to take the exam the second time)

5. The exam is comprised of 13 timed quizzes, that give you 15 - 60 minutes each to complete.  Once you start a quiz, you MUST complete it, however, you do not have to take all 13 quizzes in one sitting, but rather, you can come back and take the remaining quizzes later; however YOU MUST COMPLETE ALL 13 QUIZZES WITHIN 30 DAYS OF EITHER PURCHASING THE EXAM, OR REDEEMING YOUR COUPON FOR THE EXAM

6. The last quiz requires that you draft a petition and use data entered into it to answer questions in this quiz, requiring a knowledge of drafting bankruptcy petitions

TIP: The VBA Certification exam is included for FREE in the Complete Chapter 7 Bankruptcy Training Kit (CLICK HERE), and the Complete Chapter 7 AND Chapter 13 Bankruptcy Training Kit (CLICK HERE).

Chapter 13 Concepts Exam

The Chapter 13 Concepts exam is designed to introduce you to the concepts of the Chapter 13 bankruptcy process. It is not designed to measure your Chapter 13 petition drafting skills.  The material is not available from any other source and will walk you through many concepts that will lay a solid foundation for your growth in understanding the Chapter 13 petition and plan.  This exam will teach you:

** What is the role of the Chapter 13 trustee?

** How long does the Chapter 13 last?

** What happens if a debtor forgets to list a creditor?

** What happens if an attorney does not respond to a Motion?

** Can the debtor purchase property during the Chapter 13 Plan?

** What does it mean to have a case dismissed?

** What happens to any debts not paid in full when the Chapter 13 Plan is completed?

** What are the steps for completing a Chapter 13 bankruptcy petition?

** How are debts classified within the Chapter 13 Plan?

** What does it mean for a debt to be paid Prorata?

** What does it mean for a debt to be paid Long Term?

** What does it mean when a debt is paid INSIDE the Chapter 13 Plan?

** How do you balance out Schedule I and J?

** How are Chapter 13 Plan payments determined?

** How should expenses be calculated on Schedule J?

** What is a cram down on a motor vehicle?

** How are mortgages crammed down?

** What does it mean to STRIP a mortgage?

** and much, much more

After studying the information in this material, you will complete a 35 question test online and obtain your score immediately.  Each question is worth 3 points.  A perfect score is 105 points.  You must pass with a grade of 90% or higher to be issued a personalized Certificate of Training.

For additional information about the VBA Certification exam, visit: www.vbacertification.com


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