New CFPB and Bankruptcy Rule Changes
At THE PAPER SOURCE NOTE SYMPOSIUM, Joshua Scheer will discuss bankruptcy cases, rule changes, and controversies that may affect your investing strategies or at least the way you analyze loans that have been or may be subject to bankruptcy proceedings. He will address recent cases relating to creditor rights in bankruptcy, including the allowance of default interest, proof of claim requirements, lien strips, cram downs, “Chapter 20’s”, repeat filings, bankruptcy “hijackings”, and if/when you can recoup your fees and costs as a creditor in bankruptcy.
He is a principal at Scheer Law Group, LLP (SLG), Newport Beach, California. Mr. Scheer graduated from the University of California, Santa Barbara and earned his Juris Doctor Degree from Suffolk University Law School in Boston, MA. While attending law school, Mr. Scheer worked as a legal intern for a certified NFL agent, assisting in the negotiation and preparation of contracts and endorsement/marketing deals for professional athletes and musicians.
He deals primarily with real estate and bankruptcy matters and assists lenders and note investors with loss mitigation, transactional, litigation, compliance and regulatory issues. His main focus has been on all aspects of creditor transaction and litigation matters, including: Chapter 13 and 11 plan review and litigation, collection litigation, lender fraud litigation (defense), and real estate transaction work including preparation of loan workout agreements, forbearance and loan modification agreements. Mr. Scheer is admitted to practice in all California state courts and in all Federal District and Bankruptcy Courts in California, including the 9th Circuit Court of Appeals.
Mr. Scheer has been a featured speaker at various events including the Sacramento Valley Bankruptcy Forum, the California Credit Union Collectors Council, the Credit Union Compliance Professionals, and the Marin County Bar Association, speaking primarily on creditor’s rights in bankruptcy and significant developments in insolvency law.