I worked on a bankruptcy petition this week that involved a couple who had worked at the same job for 25 years.  They owned no real property and no unexempt personal property.  Their credit card debts totaled only $33,000 and they owned 2 older cars with very low market values.

What would be your first question when faced with a bankruptcy petition like this?

Your first question should be:  Why are these people filing bankruptcy? There has been no change in their income; they own very little and owe very little debt.  Something is missing from the puzzle and before I could go any further I had to find out what it was.

I immediately contacted the attorney by email as well as a voice mail (never totally rely on email) about the problem.  He called the debtors and found out that one of the reasons for the additional expenses was that their son graduated from college and they were paying back his student loans.

This is a typical example of an INSIDER DEBT in bankruptcy!  Learn how to recognize these and you will help to prevent fraud.

Although the debtors I prepared the petition for were probably honest people, many people could say that they are making the student loan debt for their son, when in actuality the son is making the payment and the debtor’s are pocketing the extra cash.  Creditors look for loop holes like this and this is a typical example of why bankruptcy cases are held up in court for many months.

Think about this: Typically, it is the son’s responsibility to pay the student loan debt.  Even if the debtors produce proof of payment that they actually paid the student loan payment, it would be impossible to prove that the son did not give them the cash to reimburse the payment they made.  This would give the debtors extra money each month to spend that the creditors would prefer to have.

Keep learning, take care and have a wonderful week!

Clay Holland is really busy this week putting together the TWO DAY Atlanta Bankruptcy Seminars so I thought I would catch you up on my week.

ATLANTA SEMINAR?

Yes, Clay is finalizing the date and then he will make the announcement.  Stay tuned for more details from Clay a little later.

CHARLOMA BANKS

February 15 and 16 I spent training Charloma Banks.  Charloma lives in Plymouth Virginia and it was her first trip to Colorado.  Charloma had taken the time to do a great deal of studying on her own prior to coming for her training.  The first day was spent addressing the questions she had regarding the materials and reviewing a variety of techniques for developing a website.

After returning to her hotel room, Charloma spent most of the evening redesigning her website to reflect the new marketing information she learned.  When I picked up Charloma the second day for her training, I was impressed with the extra effort she put forth.  We then spent several hours rewriting and revising the wording so that it was more informative.  As Charloma learned, your website should be YOUR BEST.  It can be compared with putting on a tuxedo or a 3-piece business suit and attending a governmental social gathering.  That is how good your website should look in order to attract good business.

SUZIE MCKENZIE

Suzie McKenzie is really a cool chick.  She and a couple of friends jumped in their car, in Dallas Texas, and drove to Colorado Springs.  Although the normal drive time is 15 hours, Suzie and her friends left 4 days ago and stopped and vacationed along the way.  I trained Suzie and her friend on February 18 and 19.

Suzie has owned and operated her own advertising and publishing business for many years; but like the real estate industry, the publishing world is experiencing financial difficulty too.  It appears that right now, bankruptcy is about the ONLY growing field in America.

However, since Suzie has owned her own business for many years, there is no doubt that she will be ready to start working for attorneys within a short period of time.  Plus, Suzie has an outgoing and caring personality which is a perfect fit for working with clients in Chapter 7 and Chapter 13 bankruptcy.

NEW PRODUCT FOR ATTORNEYS

I am presently in the final development stages of a new product for attorneys called:  PRE-QUALIFY INTAKE FORM.  This is a four-page questionnaire, consisting of mostly YES and NO questions.  This makes it easy for the client to fill out in less than 5 minutes while at the attorneys office.

Using the accompanying INTERPRETATION TOOL, the attorney will quickly learn how to glance down the PRE-QUALIFY INTAKE FORM and get a good, general idea as to the complexity of this case.  This information will allow the attorney to make the determination whether to accept the case or how much of a fee to charge.  The more complex the case, the higher the fee.

As soon as the product is available for sale I will announce it to my PERSONAL LinkedIn Group.  If you are not subscribed to my LinkedIn Group, visit:
http://www.linkedin.com/in/coloradovictoria
and click on ADD VICTORIA RING TO YOUR NETWORK (upper right)

WATCH FOR CLAY HOLLANDS EMAIL ABOUT THE SEMINAR TO ARRIVE SOON

Please update your contact information for 713Training.Com to:

713Training.Com
PO Box 786
American Fork UT 84003-0786
Toll Free: 800-535-9984
Email: clay@713training.com

I am happy to report that both 713Training and 713Attorney have grown so rapidly that I had to separate them.  Clay Holland has been selected as the new Operations Manager for 713Training, which provides training and support to Virtual Bankruptcy Assistants and I will directing my efforts toward attorneys and their law firms.

I chose to work solely with the training and support of debtor bankruptcy law firms because one attorney, if properly trained in the Chapter 7 and Chapter 13 process, will benefit the lives of thousands of debtors over his or her career.

Additionally, the debtor side of bankruptcy law is growing at such an alarming rate that new attorneys require immediate training.  It is impossible for me to continue to run both 713Training and 713Attorney as a one person operation.  Therefore, to better serve both the VBAs and the Bankruptcy Attorneys, I have chosen this method to provide both markets with the ongoing training tools they require.

Why did I choose Clay Holland?  Because I personally trained Clay in the preparation of bankruptcy petitions and Clay took that knowledge and grew a very successful VBA business in 3 or 4 months.  He also has invested a great deal of time in helping an attorney in Salt Lake City build his practice, and has achieved even more success and knowledge in this field.  There is no doubt in my mind that Clay has the skills to continue the development of new training products for the VBAs and to be able to provide them with ongoing support.  And because Clay is working as a VBA every day, he will have more insight than I have because I rarely do petitions any more (except for complicated Chapter 13s).  For this reason Clay Holland was chosen to take 713Training to the next level and be better able to serve the growing needs of the VBA industry.

For more information about Clay Holland, visit:
http://www.713training.com/clayholland.html

Join me in welcoming Clay Holland as the new Operations Manager. To send him an email of congratulations, use: clay@713training.com

Victoria Ring
developer of 713Training.Com

From 2004 to 2010 these companies served two separate markets. 713Training provides training and support for virtual bankruptcy assistants and 713Attorney provides training and support for the debtor bankruptcy attorneys.  For the past several years, Victoria Ring has been able to manage both of them with occasional support from virtual assistants she hired to answer phones and fill orders.  But at the alarming rate the bankruptcy industry is growing, a point occurred where the companies had to be separated or both of them would suffer.

Therefore, on February 1, 2010; Clay Holland of MyBankruptcyAssistant.Com will take over the management of 713Training.  Victoria Ring will then have the ability to direct her attention solely to the training and support of debtor bankruptcy attorneys and their law firms through 713Attorney.

HOW TO STAY CONNECTED TO VICTORIA RING

1.  Visit http://www.linkedin.com/in/coloradovictoria
2.  Click:  ADD VICTORIA TO YOUR NETWORK
3.  If you are not already logged into LinkedIn you will be asked to login
4.  When prompted to type in an email address, use:  victoriaring@lawyer.com
5.  Send the email invitation

If you are already subscribed to the 713Training LinkedIn list, by all means, DO NOT UNSUBSCRIBE.  Clay Holland works as a virtual bankruptcy assistant, who is also assisting an attorney in building his law practice; therefore, Clay has a great deal of knowledge to share with the group that will be beneficial to you.

I apologize for any inconvenience this change may cause but this is the procedure that LinkedIn has in place to prevent you from being subscribed to a network for an individual you are not interested in following.

Additional changes are being made to compensate for the rapid growth of 713Training and 713Attorney.  Make sure you stay connected for updated details.

Victoria Ring, CEO
http://www.713Training.Com
http://www.713Attorney.Com

Brand New EReport, 49 pages, 12,270 words, titled:

The Guaranteed, No Holds Barred, Easy, Step-by-Step Instruction Guide to Skyrocketing Your Virtual Bankruptcy Assistant Income Without Spending Another Dollar To Find Out

Think about this:

If you were the only store within 500 miles that sold winter coats, and your store was located near the border of Canada and the United States (where they get 300 or more inches of snow per year), how busy do you think your store would be?

You certainly would not need to advertise for customers.  You definitely would need to hire employees to help you though.  You definitely would be sold out of winter coats very quickly and would need a steady and reliable supplier.  But, you would be making a ton of money.

VBAs are in the same position.  The debtor bankruptcy field is booming.  Even attorneys working in other areas of law are flocking to this field because the market is growing by 50%, 60% and I have seen figures as high as 82%.  This has NEVER happened during the course of bankruptcy history!!

Yet, some VBAs are making little or no money and barely have their business off the ground.  Why?  I didn’t know the answer to that question because I had always had success in this field.  So I decided to find out by working directly with other successful VBAs.  One VBA that I recently worked with was Clay Holland of MyBankruptcyAssistant.Com.  Clay came to Colorado Springs for training back in June 2009.  I was impressed with the fact that he had a professional demeanor about him (which is impressive to most attorneys), a deep concern about the quality of his service and his sincere desire to improve his skills to an expert level.  I began working with Clay by referring business to him through articles that I wrote and mentioned his company.  That is all it took.  The attorneys contacted Clay and within a few weeks, he was beginning to make money.

How did this happen?  Why can’t everyone who truly wants to work as a VBA experience the same success?  What makes people like Clay Holland and others like Alexiss Harris, Gary Ostad, Linda Rantz, Evan Fuller, Armida Addessi, Yordanska Fraser and Mary Sosa so successful?  What are they doing that you are not doing?

This report will provide that answer.

Download your copy now for only $25.00.  Visit:
http://www.713training.com/shop/cart.php?m=product_detail&p=119

I talked with an attorney today who said:  For a Chapter 13 Plan, I thought all I needed to do was take the amount left over between Schedules I and J and this was the Plan payment.

Unfortunately, in 90% of the cases, it is not that simple.  For example: Today I had a married couple who owed three mortgages on their home.  Here are the particulars:

$420,000 – Current market value of home

$320,000 – First mortgage
$  20,000 – Second mortgage
$200,000 – Third mortgage
$  20,725 – Exemption allowance

Adding up $320 + $20 + $200 we have a total of $540.  The home is valued at $420, leaving the debtors with $120 in equity.  Minus out the exemption allowance and the debtors are UNDERWATER by  approximately $100.  This means that the attorney could propose a cram down on the THIRD mortgage and save the debtors $100,000.

This is a good thing, right?  Wrong.  Even with the cram down, the debtors only have $2,300 left over every month to make a Chapter 13 Plan payment.  After plugging in the figures into the Chapter 13 Plan, it would take a MINIMUM of $3,000 in a monthly payment just to cover the mortgage obligation, and still then, the unsecure creditors would only be paid 9 percent  (which could be a problem.)

BAD SOLUTION:

Some attorneys, when faced with a problem like this will reduce the expenses on Schedule J just to get the case filed.  But these are the types of things that will drive a Trustee insane.  Also, these are the types of things that can embarrass an attorney in court in front of their clients because they have not done their job properly.  They took the easy way out and left the Trustee to figure it out.

GOOD SOLUTION:

The best approach to solving this dilemma is for the attorney to meet with the debtors and explain the situation.  The attorney should start by giving the debtors a copy of Schedule J and ask them to look over the figures and let them know if everything looks okay.   After the debtors approve the figures (or change them) the attorney can explain the problem to the debtors in terms they will be better able to understand.

The attorney may say something like:  Since the figures are correct on Schedule J, you can see that you have $2,300 left over per month.  However, since your house payment is almost $2,000 that leaves you with only $300 to pay on your cars and the $250,000 in credit card debt.  As you can see, there is not enough money to do that.  Can you look over Schedule I and J and let me know if you can find an extra $700 so that I can make the Chapter 13 Plan work?

This puts control in the debtors hands and allows them to feel they are taking an active role.  If debtors understand issues, they will be more cooperative in staying in the Chapter 13 Plan.  However, if the debtors are unable to come up with a solution, at least they will be able to understand the problem and the attorney can explain different options.

WHAT IS THE BEST SOLUTION TO THIS PROBLEM?

If the debtors are unable to afford their home or do not anticipate increasing their income, the best solution would be to surrender the home.  This would give the debtors a fresh start and since there are only two of them, they could downsize and still leave a comfortable lifestyle.

However, people are attached to their THINGS, like homes and cars.  In fact, they are so emotionally attached that they cannot stand for a day to pass unless they have that particular home or particular car in their possession.  I personally do not understand it.  Everything in life comes and goes.  Everyone has a time when they have money and a time when they do not.  During the times when I have less money, I spend less and adjust my spending habits.  When I have money again, I celebrate and spend more.

Unfortunately, many people today are not willing to make sacrifices, but I hope this article at least puts the problem into a more understandable perspective.

Victoria Ring
http://www.713training.com
http://www.713bankruptcy.com
http://www.navba.org

Thanks for all you do.  And I appreciate the information you provide to us.  I just wanted to add that I currently work for a major bank.  I work with borrowers with defaulted business loans.  And let me tell you that on a lot of the deals we have, I have seen quite a few attorneys propose cram downs.  And a lot of our mortgages have been stripped off because there is no equity in the home.

One of the things we talk about all of the time is why many other attorneys are not doing this.  It is a great tool for the consumer.  No additional litigation is involved.  Once an attorney files the motion during the proceeding, it is up to the trustee.  We do not file responses to these requests.  Especially if there is no equity in the home.  And banks and mortgage lenders know that the bankruptcy court favors the debtor.  We have never been successful in blocking these.  You have to remember the cost that the banks incur in pursuing foreclosure or trying to liquidate the collateral.  We weigh the costs.  Banks make no money on homes they have to take back.  You may find that you will get more with negotiating with the lender too.  The attorney for the debtor is in a greater position than attorneys for the banks.

We knew that most of the mortgages we took at loan inception were abundance of caution.  And unfortunately, many people are filing for bankruptcy and having their debts discharged.  But if they do not do anything to release the liens on their home, then they still end up paying when there is equity in the future or if they want to sell their home.  As long as the lien stays on the home, you are basically giving the banks a long term investment.

I can tell you that many of our borrowers who filed for bankruptcy and were discharged are stunned when they see our lien is still on their home.  And the only way we will release it is if they give us all of the available equity in their house.  I just had a deal where the borrowers had filed for bankruptcy several years ago.  Unfortunately, the attorney did not contest our lien or ask that it be removed.  If the attorney had done this or at least proposed a settlement, we would not be in the great position we are now.  As opposed to getting $25,000 several years ago, we are now looking at almost $80,000.  The owners are senior citizens.  If they ever decide to sell their home, they will have to deal with the fact that we will be getting the bulk of the proceeds.  I believe they assumed when they reaffirmed the first mortgage, that ours was released.  And that was not the case.

From what we have seen, many trustees and bankruptcy judges side with the debtor in these cases.  We do everything we can by filing a proof of claim.  But at the end of the day, if there is no equity available at the time of filing (or equity of sizable value), we anticipate having our mortgage stripped and being put in the category of unsecured creditor.  That is why I am happy to see you offering this training to VBAs and attorneys.  Proposing this makes you a much added value to your clients.    So, for all of the attorneys who fear the drawn out litigation with mortgage lenders and banks, there is no need to worry.  You have to remember that banks have to pay outside attorneys.  And I can tell you that we just as soon not have to pay attorney fees fighting for properties that have little value.  I would tell them to do what is best for the consumer.  They are hiring you for your help.  So I implore them to pursue every avenue possible.

Crystal Brooks
Email:  clbrooks67@comcast.net

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Chapter 13 Training in Mortgage Cram Downs and Strip Downs
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LEGAL TEMPLATES ONLY – $39.99

If you prefer to purchase the templates without the training video or audio, visit:
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An attorney called me today.  She was in a hurry and wanted to know what software she needed that would prepare a bankruptcy petition in about an hour.  I told her that none existed.  She then proceeded to tell me about an attorney who had a software program that imported credit reports, filled in all the creditor addresses and did everything, including filing her petition at the press of a button.  I explained to her that almost all bankruptcy software programs perform these same functions; but there is no bankruptcy software program that is going to practice law for her.  She was disgusted at my response but it is the same response I get from new attorneys quite often.

Remember the old saying: What looks too good to be true, probably is?  All adults should know by now that anything that appears to be simple and easy actually requires a skill.  I wrote an article one time about how horrible I was at trying to bag my own groceries at the store.  I explained that even something that sounds like it could be simple (like bagging groceries) still takes a skill that is only learned by practice.

Therefore, every person reading this article needs to reprogram their brain to understand that no bankruptcy software program is going to THINK for you.  Software programs only make some jobs easier.  You still need to go in and check data, categorize it, determine priorities and much more.  No software program is going to do that no matter how much you pay for it.

HOW DID THIS RUMOR GET STARTED?  LETS EXAMINE A REAL LIFE SITUATION:

John Q Public is sitting at home watching television.  He hears the rumor (started by the new media) that he can save his home if he files a Chapter 13 bankruptcy.  John Q Public is 9 months behind on his mortgage and facing a foreclosure because he lost his job.  Mr. Public rushes to the phone to call Ms. Attorney and tell her he wants to file a Chapter 13.

Note: For those of you who work within the bankruptcy system, you already know this statement by the media is only partially true.  The media conveniently leaves out the fact that a person cannot qualify to file a Chapter 13 if they are unemployed and have no money left after paying their basic living expenses.  That is the catch; however, John Q Public does not know that.

Ms. Attorney, who, through a lack of training, offers to file a Chapter 13 for John Q, Public.  Ms. Attorney uses her bankruptcy software program to prepare the bankruptcy petition.  Ms. Attorney has little or no training in preparing the petition and she spends from 6 to 8 hours just correcting and adjusting information (that the software cannot do).  She was unaware of this when she purchased the software because she was under the assumption that it did everything for her.

Next, Ms. Attorney is overwhelmed by the fact that she has also not been properly trained in how to gather all the necessary information for preparing petitions, properly counseling her clients and how to filter out clients who do not qualify for bankruptcy and help them through debt counseling or some other form of assistance.  Without this basic knowledge, new bankruptcy attorneys are going to be in for a very rocky road ahead; especially since there is no software program that is going to do all of this for them.

What happens next is another nightmare.  After Ms. Attorney enters in all the income for John Q Public and his wife, John Q Public does not qualify for a Chapter 13.  In a situation like this some attorneys will try to still push the bankruptcy through by finding an income from another source or suggest the debtor get a part-time job so he or his wife can qualify to file a Chapter 13.

Or, if Ms. Attorney manages to get the bankruptcy petition filed by some other method, she will still risk extreme embarrassment at the 341 Meeting when she is in front of the client, creditors and the Trustee.  When the Trustee finds these issues and brings them to the table, many attorneys will simply stop accepting Chapter 13s or stop doing bankruptcy altogether rather than face this situation again.  This is sad; because the result was only caused from a lack of training and knowledge in building her practice.  Another old saying: An ounce of prevention is worth a pound of cure.

LOGICAL POINTS TO CONSIDER

If you are a seasoned bankruptcy attorney, I urge you to pass this information on to new attorneys.  In doing so, you and I are helping to improve professionalism and positive growth within the bankruptcy field.  If you are a new attorney, I urge you to study the following logical points:

1.   If a bankruptcy software program existed that could do all the thinking for you, why would someone need to hire a bankruptcy attorney?  Why not just buy the software and call it a day?

2.   If the bankruptcy court allows an attorney to charge $1,000 or more for a Chapter 13, do you not think there must be more work involved?  Some attorneys think the software does the work for them; but remember that the court does not just grant a large sum like this to an attorney without good reason.

3.   If you were going to open a pizza shop, would it be a good idea to learn how to make pizza first?  If you are going to start a new bankruptcy practice, would it be a good idea then to learn about the process first?  The least a new attorney can do is login to the American Bankruptcy Institute and view the free training videos at:

http://www.uscourts.gov/video/bankruptcybasics/bankruptcyBasics.cfm

Although these videos were made for attorneys to place on their websites to inform their clients about bankruptcy, they are still excellent in helping new attorneys understand the basics.  I always tell my students to study the law from a legal perspective as well s the consumer perspective.  It provides you with a better balance of knowledge that will carry throughout the life of your law career.

ONE SOLUTION TO CONSIDER

The videos from the American Bankruptcy Institute will NOT show you how to gather information from your clients, prepare the petition or run your practice.  That education has never been taught to attorneys and either they learn the skill through trial and error or from an experienced paralegal.

As the author of this article, I would be more than happy to talk with any attorney who is considering getting involved in the bankruptcy field. You can email me at:
victoriaring1958@gmail.com

I hope this information helps you.

QUESTION

I have been following your question and answer series and I now have a question.  Can you explain the difference between adequate protection payments and post petition payments and when they would apply in a chapter 13?

Theoretically, adequate protection is supposed to protect the creditors depreciating interest prior to Plan confirmation, but what are the post petition payments protecting, or is this something for the Trustees?

I am thinking that post petition payments would be payments that would be made after the filing, but not sure how or why it works.

ANSWER

Adequate protection is normally INSURANCE.  For example, the lienholder needs for the debtor to maintain insurance on the asset in case something should happen to it while it is in the debtors possession.  This adequately protects the lienholder.

Post petition payments are payments made by the debtor prior to confirmation of the Chapter 13 Plan.  Debtors should start making payments PRIOR to their 341 Meeting and continue making their Chapter 13 payments to the Trustee according to their Plan.  The Trustee will hold these funds until Plan confirmation, at which time; they are released to the creditors and paid according to the Plan.

As far as the motor vehicle being worth LESS than what is owed on it. If the debtor has been paying on the debt for more than 2.5 years, he or she is automatically eligible for a cram down.  This will save your debtors money.

QUESTION

Do you have a couple of quality low cost websites for legal services advertising? I desire to construct an interactive attorney site. I have viewed Wordpress.

ANSWER

I just developed the new Attorney Marketing Links site at:
http://www.713attorney.com/links/attorneymarketing.html

To answer your question; I have been very successful in building 9 online businesses. The way I accomplished that is from doing the job myself.  99.9% of all internet marketing I do for my company is free.  It just takes time.  No other legal service is going to do the job with YOUR company in mind.  Other companies only think of their own pocketbook and I do not trust them to work in the best interest of my company.

Besides, why do you need to market your law firm for very long anyway?  All you need to do is market until you have the level of clientele you desire, and then stop.  If you provide a good service and your clients like you and your staff, the majority of your future business will come from satisfied clients giving your law firm praises by word of mouth advertising.  No legal services advertising company can provide you with that level of quality in marketing.

QUESTION

Are you planning to schedule training seminars in Chicago, Illinois in 2010?  I am sure there are interested parties in Chicago, other than myself who would attend.  I have ordered my training materials already, but I could greatly benefit from live training.

ANSWER

I receive many requests from people all over the U.S. asking me when I plan to be in their area.  Please understand that I have been traveling and training at seminars since 1992 (18 years).  I wish I could travel like I used to, but when I leave to do a seminar, my own workload gets behind.  Plus, with the progression of age and diabetes, I need to curtail my traveling from the massive amount I have done in the past.

That is why I have developed a wide range of training options for you.  I can train you privately at your computer, or you can come to Colorado for personalized training.  Flying is cheaper than buying gasoline these days anyway.  For more information, check out these links:

Online Training at Your Computer
http://www.713training.com/shop/cart.php?m=product_detail&p=96

Bankruptcy Petition Review Training
http://www.713training.com/shop/cart.php?m=product_detail&p=86

Personal Training in Colorado
http://www.713training.com/shop/cart.php?m=product_detail&p=98

SPECIALS OF THE WEEK

Complete Bankruptcy Kit (Both Chapter 7 and Chapter 13 Training Materials)
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Chapter 13 Training Workbook
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4 Years of Bankruptcy Training via Teleconferences
http://www.713training.com/shop/cart.php?m=product_detail&p=116

How to Conduct Online Deed and Records Searches
http://www.713training.com/shop/cart.php?m=product_detail&p=102

News Release for January 4, 2010

The first online exam has been developed for virtual assistants by Victoria Ring, Certified Paralegal and Bankruptcy Specialist.  The Virtual Bankruptcy Assistant Certification Exam is comprised of fifteen separate quizzes that measure a variety of skills including an accurate analysis of the bankruptcy petition preparation skills of the virtual assistant.  This all important skill is a must for debtor bankruptcy attorneys, which is a fast growing segment in our society at this time.

Chapter 7 and Chapter 13 bankruptcy filings are increasing at an alarming rate.  According to PACER (public access court electronic records), for the 30-day time period covering March 1, 2009 through March 31, 2009; a total of 134,282 bankruptcy petitions were filed in the United States with 99,575 of those being Chapter 7 and 33,123 being Chapter 13.  The bankruptcy court was open 22 days during the month of March 2009, so this averages out to be 6,104 petitions filed per day, 254 per hour or 10.58 per minute.

That is why a test to determine the skill set of virtual assistants who work for bankruptcy attorneys needed to be developed.  It is imperative to protect debtors, attorneys and the court system from poor quality work that can result in innocent people losing their homes and other assets.  In the past, the debtor bankruptcy field has been neglected when it comes to training and furthering their education.   Bankruptcy attorneys were forced to learn from other attorneys and the office staff simply learned from making mistakes and fixing them.

Now that debtor bankruptcy is becoming such a growing field, many attorneys are starting new practices or adding a bankruptcy department to their current law firm.  But with the lack of educational training materials, the job may seem impossible for most attorneys.

713Training.Com, a company that is dedicated to the training, education, and support of Chapter 7 and Chapter 13 bankruptcy attorneys nationwide is the leader in the development of training materials specifically for this market.  The VBA Certification Exam can be used by the virtual assistant who needs certification to work for bankruptcy attorneys; as well as attorneys who want to use the exam for pre-employment testing of their office staff as well as virtual assistants.

For more information, including a complete overview, visit:
http://www.vbacertification.com