With forbearance programs ending and continued mass unemployment inevitably leading to higher default rates, the pandemic is expected to produce a surge in bankruptcies and related litigation. Moreover, changes to the bankruptcy code have created further challenges for creditors dealing with bankrupt debtors. This session will address:

• The provisions of the new legislation relating to definition of income, duration of bankruptcy plans, second moratoriums, and payment deferments
• How the courts are assisting debtors with repaying amounts not paid during forbearance
• Practical changes to bankruptcy court procedures and navigating them as a creditor
• Deterring bankruptcy-related enforcement actions following the pandemic