Best of 2006 Central States Bankruptcy Workshop
“Heavy Metal: Liens on Automobiles and Personal Property in Chapters 7 and 13 after BAPCPA”

Wednesday, September 27 at 1 p.m. EDT
Duration: 1 hour and 15 minutes


Program Description:

BAPCPA has a significant impact on liens on autos and personal property in chapters 7 and 13. At first glance, it may seem that the new law provides significant leverage to creditors with liens on such property. However, as is true for many aspects of BAPCPA, a closer look reveals that the new provisions are either inadequately drafted or actually suggest a contrary reading. Indeed, questions on residual issues such as "ride-through" are still not fully answered, and new questions on topics such as valuation, interest rates and adequate protection payments are now in play. This panel of experts will guide you through the actual text and reported opinions in this complex area.


Speaker Bios:

Hon. Susan V. Kelley is a U.S. Bankruptcy Judge in the Eastern District of Wisconsin in Milwaukee. Prior to her appointment, she was a partner in the Madison, Wis. office of Michael, Best & Friedrich and also practiced with the Madison law firms of Lee, Kilkelly, Paulson & Younger and Murphy & Desmond, and the Baltimore firm of Weinberg and Green. While a practitioner, she earned a certification as a business bankruptcy specialist from the American Board of Certification. Judge Kelley is active in the State Bar of Wisconsin, having served as chair of the Bankruptcy Insolvency and Creditors' Rights Section for four years, and is a former member of the board of governors, including the Executive Committee of the board of governors. She also co-chaired the Gender Equity Committee of the State Bar and is a member of the Convention and Entertainment Committee of the State Bar of Wisconsin. Judge Kelley edited ABI’s Seventh Circuit Bankruptcy Case Updates and authored the debtor-creditor law chapter of the Annual Survey of Wisconsin Law for 10 years. She received her J.D. from the Columbus School of Law at the Catholic University of America in Washington, D.C. and her B.A. from Marquette University.

James M. Philbrick is the president of Law Offices of James M. Philbrick, P.C. in Mundelein, Ill., where his practice is concentrated in creditors' rights and bankruptcy. He was admitted to the Illinois Bar and the U.S. District Court for the Northern District of Illinois in 1998. He is also admitted to the U.S. District Court for the Central and Southern Districts of Illinois. Mr. Philbrick is a member of  ABI, the American Bar Association, the Chicago Bar Association and the Illinois State Bar Association. He received his B.A. from Concordia College in Moorhead, Minn., in 1994, and his J.D. from DePaul University College of Law in 1997.

Grant F. Shipley is the owner of Shipley & Associates, Attorneys at Law in Fort Wayne, Ind.  He is a former chair of the Indiana State Bar Association’s Bankruptcy & Creditors' Rights Section and former chair of the Allen County (Ind.) Bar Association’s Bankruptcy & Creditors' Rights Section. Mr. Shipley has lectured on bankruptcy and creditors' rights topics for the Indiana Continuing Legal Education Forum, the Indiana State Bar Association and the Allen County (Ind.) Bar Association. He is a member of the standing committee on practice & procedure of the U.S. Bankruptcy Court for the Northern District of Indiana. Mr. Shipley received his A.B. from Brown University and his J.D. from Indiana University School of Law, Bloomington.