Loyola University Chicago

School of Law

Public Interest Courses

233: Bankruptcy

Description

This course will provide a comprehensive survey of basic bankruptcy law. We will devote roughly equal time to consumer bankruptcy and business bankruptcy. Throughout the course, we will touch on the economic, political, and ethical issues underlying bankruptcy's competing goals: providing overextended consumer and business debtors with a fresh start and satisfying creditors' claims in an orderly, fair way. There are no prerequisites. Students' grades will be based on classroom participation and a take-home final exam. (Krivinskas-Shepard)

Individuals and businesses often default on their financial obligations.  In these default situations, lawyers play an essential role both as counsel for the creditors and as counsel for the debtors. Competent legal advice in this area requires a knowledge of bankruptcy law. This course will provide a comprehensive survey of basic bankruptcy law. There are no prerequisites. Students' grades will be based on a take-home final exam. (Rosenberg)