Advice for Bankruptcy Attorneys from Former U.S. Trustee Director

Former U.S. Trustee Program Director Larry Friedman shares expert advice every bankruptcy attorney should hear. In this candid conversation with Phil Tirone of 720 System Strategies, Friedman outlines what trustees are really looking for during Chapter 7 and Chapter 13 cases—and how attorneys can avoid the most common compliance pitfalls. Whether you're preparing for a 341 meeting, managing a high-volume practice, or trying to stay ahead of trustee audits, this video covers key strategies to strengthen your bankruptcy law firm. Learn why sloppy filings, missed asset disclosures, and poor intake processes could put your clients—and your practice—at risk. ➡️ If you're a bankruptcy attorney looking for real-world insights from someone who helped run the system, this video is for you. 00:00 – How Trustees Really Evaluate Bankruptcy Cases 0:52 – What to Know About 341 Meetings 03:55 – Trustee Red Flags Attorneys Miss 06:35 – The Compliance Trap: When Good Firms Get It Wrong 10:16 – The Fix: Building a Process-Driven Practice 👉 To book a free strategy session for your bankruptcy firm: https://calendly.com/d/cqj5-6gm-76w/7... 🔔 Subscribe for more real-world bankruptcy strategies from industry leaders. 720 System Strategies (Bankruptcy ONLY Marketing Firm): https://720systemstrategies.com/