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Bankruptcy – A Survival Guide for Lenders, Second Edition was developed specifically to assist lenders in understanding the bankruptcy process in business and consumer cases, and their role in that process. This updated edition addresses the changes with the 2005 amendments to the bankruptcy law and covers substantive bankruptcy issues, procedures, and strategies for lenders.
This guide features practical advice in the form of "sidebars" geared toward the protection of lenders' interests during a bankruptcy case, and glossaries of both bankruptcy terms and bankruptcy cases, as well as a list of commonly asked questions.
Written with the nonattorney in mind, the text cross-references relevant terms and cases in the glossaries for further information, and highlights special points throughout. Executives and managers in banking, as well as turnaround specialists, and lenders in particular, will find the guide an indispensable resource.