Recent news cites the alarming increase in elder bankruptcy filings; they are filing three times more frequently now than in 1991. Many seniors are struggling with large credit card bills and monthly debt service exceeding their income. Rather than drawing down retirement assets, bankruptcy may make sense for these individuals—and can also eliminate a senior’s existing medical bills. Moreover, many elderly people who rely on social security as their sole income source, and have few assets, may be judgment-proof and need not file bankruptcy at all. But even in those cases, relief from creditor phone calls can warrant seeking reprieve. Specific concerns, issues, and challenges can arise when representing elders facing bankruptcy that must be addressed with the client in detail. Attend this power-packed hour to better anticipate your elder clients’ needs and learn how to handle the unique considerations at MCLE—not on your next case!
MCLE webcasts are delivered completely online, underscoring their convenience and appeal. There are no published print materials. All written materials are available electronically only. They are posted 24 hours prior to the program and can be accessed, downloaded, or printed from your computer.