When small businesses struggle financially, the legal issues often extend to the owner personally, particularly where personal guarantees are involved. This program explores the challenges attorneys face when advising business owners who are considering bankruptcy. Learn to evaluate options for the business such as winding up, Chapter 7 liquidation, and Subchapter V reorganization. Examine the implications of personal guarantees and how business decisions can expose owners to significant personal liability. And understand where the interests of the business and the interests of the owner diverge, potentially creating conflicts of interests. With a practical, counseling-focused approach, the program offers guidance on helping clients understand their risks, options, and the interplay between business and personal bankruptcy strategies.

CLE CREDITS: This program has been submitted for 2 General CLE Credits, including 0.6 Ethics Credits.

The program is accredited in Colorado. CBA-CLE staff can provide a Uniform Certificate of Attendance, and it is the attendee's responsibility to complete the accreditation outside of Colorado.

CBA-CLE will email webinar access information 24-48 hours before the program.

Home studies will be available 2-3 weeks following the live program.

CBA-CLE is committed to providing access, equal opportunity, and reasonable accommodation in its services, programs, and employment. To request an accommodation please contact [email protected] at least 14 business days in advance.