Don’t be left out of the coming bankruptcy boom. Download the free report to kickstart your bankruptcy practice.
Learning substantive law is easy for most lawyers. We have years of school under our belts followed by a career spent reading cases, statutes and rules. Now, with COVID-19 crippling America’s economy, many lawyers hope to capture part of the expected surge in bankruptcies from this unprecedented economic shutdown.
We welcome you! I believe that the coming tsunami of bankruptcy cases will overrun the existing system of lawyers, trustees and judges.
By the time our world reopens in a meaningful way, in YOUR community, every restaurant, bar, hair salon, fitness center, movie theater, sports arena and countless other small businesses will have closed for at least a month, likely two months or more.
Federal, state and local authorities are doing their best to provide relief to consumers. Many jurisdictions have imposed foreclosure, eviction and debt collection forbearance, but these efforts must end sometime. When these bills come due, either tenants/homeowners/debtors will suffer the pain of repaying these missed months or landlords/mortgagees/creditors will suffer the pain of permanently foregoing these payments. Even if the government throws $3 trillion at the problem, trillions of dollars will be lost. The US mint can’t print money fast enough to compensate for this horrible loss.
So the handwriting is on the wall: US bankruptcies are about to skyrocket, and, following a decade of declining bankruptcy filings, the system is not prepared for the onslaught of cases.
I’ve been asked to help lawyers transition their practices to include a bankruptcy component. In response, I’ve created this PRAGMATIC GUIDE to help lawyers make the move to become bankruptcy counsel. I’ve identified three critical questions every bankruptcy lawyer must answer before filing a bankruptcy case.
Many of the lawyers I talk to hope that they can inch into a bankruptcy practice by limiting their cases to easy Chapter 7s. Fill out a few forms, collect a fee, appear at the trustee meeting and you’re done. Easy money! But if you don’t pay attention to the complex timing, venue and other bankruptcy laws you could find yourself having a very uneasy feeling when the trustee asks your client a question that you weren’t prepared for.
I don’t want that to happen to you.
The bankruptcy system will need competent practitioners to manage the crush of cases to come, and I want you to be as prepared as possible. So to get a running start on your new bankruptcy practice please download this FREE guide:
The Three Questions Every Bankruptcy Lawyer MUST Ask Before Filing A Case
Attorney Ronald J. Drescher
Ronald J. Drescher has been practicing bankruptcy law since 1985, even BEFORE he graduated law school. He is licensed to practice and has filed thousands of bankruptcy cases in California, Maryland, Delaware, Virginia and Pennsylvania. His YouTube channel has 250 videos related to bankruptcy practice. He has written dozens of articles on bankruptcy and created inforgraphics such as The Baseball Bankruptcy Hall of Fame, The Bankruptcy Jukebox, The Bankruptcy Bighouse, The Bankruptcy Red Carpet, The Bankruptcy Tailgate Party, The Masters: A Bankruptcy Unlike Any Other, The Panama Canal: A Bankruptcy Between The Seas, The Real Housewives Of Bankruptcy and many others. He has also authored two books, File Bankruptcy And Get Rich and The Single Mom’s Guide To Financial Recovery. These books have over 2,000 copies in circulation.
Finally, and most importantly to Ronald, he has over 150 five star reviews on Avvo.com and Google, more 5 star reviews than any other bankruptcy lawyer in Maryland.
Here’s What Our Clients Have to Say
“Ron is not only a distinguished attorney, but he's also passionate about bankruptcy law and getting a meaningful outcome for his clients. He has helped attorneys learn the ins and outs of the bankruptcy code from his online videos and published articles beyond what you learn in a classroom. Getting insight from Ron is like having a valuable mentor in your back pocket.”
–Janine Sickmeyer
Founder of NextChapter and Former Bankruptcy Paralegal
“I have known Ron Drescher for over 20 years. He is an excellent attorney-the very best. I refer my friends, colleagues and clients exclusively to Ron for help with bankruptcy issues.”
–Fred Coover
Attorney
“I just got off the phone with Ron and I am extremely impressed with his knowledge and willingness to help others. I represent disabled veterans nationwide and many face bankruptcy issues while waiting for the VA to decide their appeals. Because I don't work in bankruptcy, my clients facing bankruptcy have questions I can't answer. Fortunately, Ron has the answers.”
–John Berry
Attorney
“Drescher & Associated are pretty much the gold standard in Maryland for treating bankruptcy clients the right way. ”
–Thomas McAvity
Attorney
The Three Questions Every Bankruptcy Lawyer MUST Ask Before Filing A Case
Ronald Drescher has a perfect “10” rating on Avvo.com.
He’s been featured in Attorney Magazine, and has been named a top litigator in Maryland for 2016 and 2020.
DRESCHER & ASSOCIATES, P.A.
10999 Red Run Blvd Ste 205, Owings Mills, MD 21117