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This classic student text, used by tens of thousands of law students for almost 50 years, has been revised to reflect changes in the Bankruptcy Code, changes in case law, changes in bankruptcy practices, and changes in bankruptcy casebooks. For example, there is a Chapter on new Subdivision V which affects most small business cases and a new separate Chapter on Section 363 Sales which affects most large business cases. Today's bankruptcy courses are now much more than just the avoiding powers, and discharge. As bankruptcy classes have become more comprehensive, students have found this short book even more helpful in comprehending reading assignments, contributing to class discussions, and answering exam questions.
Presents an analysis of the debtor/creditor relationship before bankruptcy, state-created alternatives to bankruptcy, bankruptcy procedure, as well as the aspects of collecting and distributing property once the bankruptcy process has begun. Discover how the debtor is protected once the matter is filed with the bankruptcy courts. Reveals alternatives to liquidation bankruptcy. A must-have for the student wishing to have a comprehensive and insightful analysis of bankruptcy and creditor rights.
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