PLS 220 : Bankruptcy Law

This course offers an overview of bankruptcy law and procedure to prepare paralegal students to assist attorneys representing debtors and creditors. It will cover commencement of a case, preparation of petitions and schedules, operating and liquidating procedures, adversary matters and litigation in bankruptcy court and debtors' and creditors' rights and obligations. Forms utilized in bankruptcy court will be stressed. The course reviews the current Federal bankruptcy code including recent amendments. Pre or co-requisite: PLS 100. Three lecture hours per week.
Upon successful completion of this course, students will be able to: 1. Understand and be able to distinguish the different types of bankruptcies. 2. Examine the ethical considerations involved in the filing of bankruptcy petitions and creditor practices. 3. Gather the information necessary to complete the bankruptcy petition and schedules. 4. Prepare and file petitions. schedules, notices, and budgets for Chapters 7 and 13 bankruptcies. 5. Draft the Chapter 13 plan and supporting declarations.