New Jersey Bankruptcy Law Education and Training

Get the right training to become a New Jersey bankruptcy attorney

New Jersey 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 assist with a bankruptcy in New Jersey are determined at the state level and will be affected by the specific type of bankruptcy that the client requires. There are three phases in obtaining an education in bankruptcy law:

1. Formal education. An attorney who practices NJ bankruptcy law will need at least a Juris Doctor (J.D.) degree from an accredited law school in New Jersey. 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 New Jersey.
3. Legal specialization. Bankruptcy attorneys in New Jersey can become designated specialists in bankruptcy law by meeting the state's specific requirements.
   

 

Attend a law school that specializes in educating New Jersey bankruptcy lawyers

There are a variety of universities in New Jersey that provide a concentration in bankruptcy law. These schools are equipped to offer a solid education on the current bankruptcy laws in New Jersey.
Try: Seton Hall Law School features renown bankruptcy law faculty experts like Professor Lubben, who was the principal investigator in the leading study of professional fees in Chapter 11 bankruptcy cases. Students at Rutgers School of Law can get hands-on training in bankruptcy counseling at the Community Law Clinic.

Find professional forums for bankruptcy lawyers in New Jersey

Professional online forums can provide a daily educational opportunity for bankruptcy attorneys in New Jersey. These include information on recent changes in bankruptcy law and advice on building a practice.
Try: The New Jersey Law Blog, published by Stark & Stark, provides posts on a variety of legal issues in New Jersey, including bankruptcy law. William S. Wolfson has a summary of the current bankruptcy exemptions in New Jersey.

Obtain Continuing Legal Education (CLE) for New Jersey bankruptcy laws

New Jersey requires attorneys to stay current on changes in the law. There are a variety of programs in New Jersey that provide CLE credit in bankruptcy law.
Try: The New Jersey Institute for Continuing Legal Education provides CLE programs in New Jersey bankruptcy law such as Bankruptcy for Paralegals & Legal Professionals. The National Constitution Center Conferences offers audio conferences that provide CLE credit in New Jersey, including "Threatening Bankruptcy? Practical Strategies For Every Lawyer".

 

• Attorneys also will want to join professional organizations that are dedicated to the practice of New Jersey 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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