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WOL-301

Home   >   WOL-301

WOL-301: Bankruptcy

Duration: Self-Paced
Credits: 3 Credits (126 Clock Hours)

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Description Features Tuition Curriculum
Description

Paralegals are in high demand in the field of debtor-creditor law. This course acquaints the student with the three most common forms of bankruptcy: Chapters 7, 11, and 13. The student learns the law of bankruptcy and develops practical experience becoming familiar with documents commonly used in bankruptcy practice. Students learn about the valuable role of paralegal professionals in a successful bankruptcy practice.

This course includes a thorough review of the new bankruptcy laws, which came into effect in 2005. Changes include a requirement that the debtor have counseling before they can file a bankruptcy case, and a "means test" now requires all debtors to meet a more rigorous income and asset standard before being qualified to file. The new law also imposes new requirements on lawyers, and by extension, the paralegals who do most of the bankruptcy work. These changes, and others, are reviewed in this course.

Earn Your Certificate Online

Upon completion of this individual course, students will be awarded a certificate from the The Washington Technical Institute.

Certification from the accredited Washington Technical Institute will signify the student's achievement in both knowledge and competence.

This certificate is valid in all 50 States.

Course Format: Instructor Led Online Course

Students are required to complete weekly reading assignments both from the textbook and other supplemental materials. Students must also participate in discussions with the course instructor and fellow students. Discussion forums are provided in the WTI online classroom.

Online tests are conducted at the end of each course.

Students are not required to attend any scheduled class meetings. Log in at your convenience to attend school.

Washington Technical Institute is fully accredited by the Middle States Association of Colleges and Schools CESS, and recognized by the US Department of Education and CHEA.

Features

Interactive Online Learning that Fits Your Schedule

Washington Technical Institute understands that you have a busy schedule and that you are looking for a school that will fit into your lifestyle. Our virtual classroom helps you fit your education into your life. Our synchronous sessions are designed to help provide additional instructor-led activities and interactions to help with some of the more complex topics. No need to worry, though…if you miss a session, they are all recorded! You can connect with your instructor on questions you have at any time. 

Program Starts

This program starts every two weeks so that students can begin the program with a cohort of students starting at the same time, whenever possible. A list of start dates for 2022 can be found below: (I’ll provide this when we finalize our first official start day)

Technology Requirements

Students will need to have access to the internet as well as a computer that can work with the software used in this program. Using a Chromebook, tablet, or phone will not be possible for this program given the nature of the material. Most software used will be open-source, free downloads. However, students may need to purchase short-term subscriptions to software. The benefit of students purchasing this software themselves is that all the work they do will stay with them and they will have access to it after they complete their program with WTI. 

Tuition

Ask Our Student Affairs Counselors about Special Tuition Options
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Tuition Includes:

  • 24/7 Access to WTI Interactive Online Classroom
  • Hands-on Instruction by qualified instructors
  • Audio Lectures (downloadable)
  • Lifetime Career Development Guidance
  • No Interest Installment Plans

Total Tuition: $599

Available Payment Options & Financing

Full Payment: $599
Payment Plan: $299.50 over 2 payments

Available Payment Options & Financing

Certain restrictions apply for students who pay for tuition via a third party, such as WIA, Vocational Rehabilitation and other funding sources. Please see the Financial Assistance page for details and other information.

Curriculum

This course uses a step-by-step approach and presents a clear and understandable explanation of each type of bankruptcy filing. Course features include a brief history of bankruptcy law, research aids, alternatives to bankruptcy, a discussion of the role of the various parties involved in the bankruptcy process, and an overview concerning eligibility and the selection of the appropriate bankruptcy chapter under which the case should be filed. The textbook includes updated cases to detail bankruptcy legal procedures from initiation of the attorney/client relationship through the closing of the case. With its discussion of electronic filing, and updated changes in the Bankruptcy Code and the Federal Rules of Bankruptcy Procedure, WOL-301, is a complete resource for any paralegal bankruptcy law course

Course Objectives:

Throughout the course, you will meet the following goals:

  • Explain the history of bankruptcy law.
  • Understand the different types of filings and their applications.
  • Explain the roles of the different individuals involved in the bankruptcy process.
  • Describe the data gathering, analysis and available counseling during a bankruptcy filing.

Contents:

  1. Ch 1: The Evolution of Bankruptcy Law
  2. Ch 2: Bankruptcy Law and Where to Find It
  3. Ch 3: The Cast of Characters and Their Roles in the Bankruptcy Process
  4. Ch 4: Information Gathering, Analysis, Counseling, and Drafting
  5. Ch 5: The Voluntary Chapter 7 Bankruptcy (Liquidation)
  6. Ch 6: The Chapter 13 Bankruptcy
  7. Ch 7: The Chapter 12 Bankruptcy
  8. Ch 8: The Voluntary Chapter 11 Bankruptcy
  9. Ch 9: Selecting the Appropriate Type of Bankruptcy Filing
  10. Ch 10: The Involuntary Bankruptcy: Chapter 7 or Chapter 11

Grading Scale

A = 95-100%
B = 88-94.9%
C = 80-87.9%
D = 70-79.9%
F = Below 70%

Grade Weighting

Chapter Quizzes.................70%
Final Exam..........................30%

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Washington Technical Institute is Regionally accredited by the Middle States Association CESS, and licensed by the Minnesota Office of Higher Education as an institution of higher learning

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Washington Technical Institute is Regionally accredited by the Middle States Association Colleges and Schools, and recognized by the United States Department of Education. Washington Technical Institute is licensed as a Private Career and Technical Institute with the Minnesota Office of Higher Education pursuant to Minnesota Statutes, sections 136A.821 to 136A.832.

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