Law 238






The possibility of bankruptcy is in the backdrop to every loan, contract, transaction, and investment. This course explores the law and policy of the federal bankruptcy system in addressing problems of financially distressed individuals, families, small businesses, and big corporations, and their creditors and other stakeholders (e.g., banks and other institutional lenders, governments, spouses and children, employees, retirees, tort claimants, trade suppliers, landlords, bondholders). May include some discussion of government debt and municipal bankruptcy. 

This course is totally appropriate for 2Ls as well as 3Ls. You may take bankruptcy and secured credit in any order or concurrently. T his bankruptcy course is itself a prerequisite for advanced bankruptcy, however, so plan accordingly. 


E. Gibson, M. Jacoby

Fall, Spring
UNC School of Law | Van Hecke-Wettach Hall | 160 Ridge Road, CB #3380 | Chapel Hill, NC 27599-3380 | 919.962.5106

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