Debtors' and Creditors' Rights
This course is an introduction to the law of bankruptcy. It explores the relief available to individual and business debtors in financial distress as well as the remedies available to creditors. The focus is on the federal Bankruptcy Code and state laws governing the enforcement of judgments. Among the topics that may be covered: who is eligible for bankruptcy relief; the nature and scope of the bankruptcy discharge; what property may be claimed as exempt; priorities among creditors; interplay of bankruptcy and non- bankruptcy laws; the role and powers of bankruptcy judges and bankruptcy trustees.
Grading and Method of Evaluation:
Letter grade with pass/fail option. Final exam.