Bankruptcy & Real Estate

Understand bankruptcy from all sides so you're fully prepared to make informed decisions about personal, business and investing options.

20
Hrs
Mins
Secs
4
32
37
SEGMENTS DURATION
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INSTRUCTOR

Dan Cragun

Daniel Cragun is a well-established and experienced attorney (24+ years), covering topics from bankruptcy to civil litigation and estate planning. Dan’s primary focus is on family law and he understands the challenges and struggles that clients face while navigating through the legal process. Dan is also an avid real estate investor and entrepreneur, and has participated in related suits with a unique perspective and set of experiences. He and his wife work together on their real estate investing hobby and have successfully grown their portfolio over the entire length of their 30-year marriage. When not working, Dan loves spending time with his children and grandchild.

Description:

Attorney Dan Cragun provides all the information you need to know about the challenging financial situation of bankruptcy. He addresses all sides of the issue, whether you are facing bankruptcy personally, in your business, or with a friend or family member. He also includes about how bankruptcy may affect you as a landlord or lead to real estate investing opportunities.

  • 1

    Pre-Assessment

  • 2

    Introduction

    Daniel Cragun, an experienced attorney, entrepreneur, and real estate investor, provides an overview of bankruptcy and real estate.

  • 3

    Who Declares Bankruptcy?

    Emphasizing perseverance, the instructor uses real-world examples to illustrate how setbacks can serve as stepping stones to success.

  • Show all 20 segments

    • 4

      Why Bankruptcy?

      This segment delves into the origins of bankruptcy in the constitution of the United States, the idealism behind it, and its functions as a critical tool in the financial and legal world.

    • 5

      The Bankruptcy Process

      Explore the different roles and rules involved in a bankruptcy case, and how state law plays an essential part, especially when considering debtor exemptions.

    • 6

      Bankruptcy Definitions - Part 1

      This segment discusses the roles of key players in a bankruptcy case - debtors, creditors, the bankruptcy trustee, the foreclosure trustee, and bankruptcy court.

    • 7

      Bankruptcy Definitions - Part 2

      The course segment highlights the importance of understanding the rules and processes of bankruptcy, the debts that receive preferential treatment in bankruptcy, and exemptions.

    • 8

      Bankruptcy Definitions - Part 3

      Learn about how the automatic stay is a crucial part of the bankruptcy process, which instantly provides a protective shield around the debtor and their property upon filing for bankruptcy protection.

    • 9

      Chapter 7 - Liquidation

      Declaring Chapter 7 bankruptcy involves a meticulous process including a credit counseling course, filing petitions and schedules with the court, and cooperation with an assigned trustee.

    • 10

      Chapter 7 Assets & Restructuring

      Chapter 7 Bankruptcy assigns a trustee to control the debtor's assets, resolve the case, and discharge debts. Co-signers aren't protected and debt restructuring isn't possible.

    • 11

      Chapter 11 Entity Rehabilitation

      This segment covers how Chapter 11 bankruptcy is designed mainly for businesses to reorganize their debts and includes examples of businesses that have successfully or unsuccessfully navigated it.

    • 12

      Chapter 11 Schedule & Cram Down

      Understand how the debtor will also execute the duties of a trustee, such as operating the business based on court approval, borrowing new money, and selling assets.

    • 13

      Bankruptcy Chapter 13

      Chapter 13 bankruptcy is designed to rehabilitate an individual's finances without surrendering property, but with a repayment plan to pay off debts over three to five years.

    • 14

      Strategic Tools & Automatic Stay

      Our instructor explains different strategies for using bankruptcy as a tool in investment, emphasizing the importance of the automatic stay.

    • 15

      Personal Guarantees, Credit & Entities

      The segment explains various strategic tools and considerations for investors in dealing with bankruptcy for businesses and individuals.

    • 16

      The Bankruptcy Process Part 2

      The class segment discusses the management of over-leveraged portfolios in real estate and business, renegotiating terms, and applying techniques to increase cash flow.

    • 17

      Opportunities For Investors

      Learn more about the strategic opportunities for real estate investors in the field of bankruptcy and the implications of executory contracts.

    • 18

      Proof of Claim & Fraudulent Transfers

      This section discusses the importance of securing promissory notes and warns about potential pitfalls when dealing with bankruptcy situations.

    • 19

      Final Tips & Conclusion

      Dan reveals strategic protections for property lenders, tips for property owners and managers, and the advantages of establishing relationships with bankruptcy attorneys

    • 20

      Post-Assessment

  • 20

    Post-Assessment