Michigan Bankruptcy Law Education and Training

Get the right training to work with state of Michigan bankruptcy laws

By Emmet McMahan
Michigan bankruptcy law education and training will teach you how to resolve your clients’ debts by dividing their assets among their creditors. This allows each creditor to achieve some measure of equality under the law. A filing under Chapter 7 is called liquidation and involves the sale of the debtor's non-exempt property. A bankruptcy proceeding under Chapters 11, 12 or 13 allows the debtor to use future earnings to pay off creditors.

The qualifications needed to provide assistance in filing bankruptcy in Michigan are determined at the state level and also will be affected by the specific type of bankruptcy that the client requires. There are three general phases in obtaining an education in bankruptcy law:
  1. Formal education. An attorney who practices bankruptcy law in Michigan will need at least a Juris Doctor (J.D.) degree from an accredited law school in Michigan. An advanced degree such as a Masters of Law (L.L.M) will further distinguish you from your colleagues.
  2. Membership in professional organizations. Practicing attorneys will want a membership in one of the associations dedicated to bankruptcy law in Michigan.
  3. Legal specialization. Bankruptcy attorneys in Michigan can become designated specialists in bankruptcy law by meeting the state's specific requirements.

 

Attend a law school that specializes in bankruptcy law in Michigan

There are a variety of universities in Michigan that provide a concentration in bankruptcy law. These schools are equipped to offer a solid education on the current bankruptcy laws in Michigan.
Try: The University of Michigan Law School teaches several courses in bankruptcy, including bankruptcy, bankruptcy and creditors' rights, bankruptcy and insolvency and advanced Chapter 11 bankruptcy. The University of Detroit Mercy School of Law offers a course in bankruptcy law that stresses the procedural law of bankruptcy and bankruptcy proceedings.

Find professional forums for Michigan bankruptcy attorneys

Professional online forums can provide a daily educational opportunity for bankruptcy attorneys in Michigan. These include information on recent changes in bankruptcy law and advice on building a practice.
Try: LawInfo provides a forum dedicated to discussions of bankruptcy in Michigan. Walter Metzen provides an educational overview of the current bankruptcy laws for Michigan.

Obtain Continuing Legal Education (CLE) for business bankruptcy laws in Michigan

Michigan requires attorneys to stay current on changes in the law. There are a variety of programs in Michigan that provide CLE credit in bankruptcy law.
Try: The Institute of Continuing Legal Education provides a seminar in bankruptcy that counts for CLE credit in Michigan. NALS of West Michigan offers a variety of CLE opportunities such as Bankruptcy – Updated Local Rules.

 

  • A bankruptcy lawyer in Michigan also will want to join professional organizations that are dedicated to the practice of Michigan bankruptcy laws. These associations provide a number of resources essential for the practicing bankruptcy attorney, including contact information for important courts, assistance with Continuing Legal Education (CLE) requirements and links to bankruptcy laws.

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