Bankruptcy Attorney Nina Parker Discusses New Rules for Mortgage Claims

Massachusetts bankruptcy lawyer Nina M. Parker of Parker & Associates was a speaker at the 4th Annual Northeast Consumer Winter Forum of the American Bankruptcy Institute, held at Suffolk University Law School in Boston. Ms. Parker was a panel member during the presentation "New Amendments for Proofs of Claim under the Federal Rules of Bankruptcy Procedure."

The panel discussed important changes to Federal Bankruptcy Rules that became effective on December 1, 2011. These changes include amended procedures for filing Proofs of Claim in consumer bankruptcy proceedings as well new requirements for lenders who hold mortgage claims that are secured by the personal residences of bankruptcy petitioners. The discussion also explored legal remedies for individual debtors against lenders who fail to comply with the new rules.

Fellow presenters who spoke at the daylong conference included other leading Massachusetts bankruptcy attorneys, judges from the U.S. Bankruptcy Court and legal scholars. Other topics at this year's forum included current and prospective legislative developments in Chapter 7 and Chapter 13 bankruptcy, including tax treatments, liens, sales of unusual assets, and feasible debt reorganization plans.

Attorney Jenny L. Yandell of Parker & Associates served as a Conference Co-Chair of the 4th Annual Northeast Consumer Winter Forum of the American Bankruptcy Institute. Parker & Associates is a firm which specializes in representing consumer and small businesses in insolvency and bankruptcy matters.

Ms. Parker will again educate fellow bankruptcy lawyers about changes to mortgage-related bankruptcy procedures at the ABI's 19th Annual Northeast Bankruptcy Conference from July 12 through July 15, 2012, at the Mt. Washington Inn in Bretton Woods, New Hampshire. Licensed debt relief attorneys who attend the conference will be eligible for continuing legal education (CLE) credit. Ms. Yandell will also be speaking on a panel at the conference on the issues confronting individual debtors in Chapter 11 proceedings.

Parker & Associates, with offices in Winchester and South Dennis, Massachusetts, represents bankruptcy clients throughout the Commonwealth of Massachusetts, including Middlesex County, Suffolk County, Norfolk County, Essex County, Barnstable County, Nantucket County, Worcester County and Dukes County.