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BUS-111: Basics of Bankruptcy Law

3 credits

Lower Level in categories: Legal Technology, Legal Environment and Paralegal Studies

This course has been evaluated and recommended for 3 credits by the National College Credit Recommendation Service (NCCRS), and may be transferred to over 1,500 colleges and universities.



Welcome to Lawshelf’s video-course on the basics of bankruptcy law. This video-course surveys bankruptcy law and focuses on the most common forms of bankruptcy and most important rules. The course opens by looking at the structure of the bankruptcy code, the system of bankruptcy courts and roles of federal and state law in the bankruptcy process. We also look at the roles of the debtor, the creditors, the court and the bankruptcy trustee.

We then focus on rules common to bankruptcy proceeding, including the all-important automatic stay, the effects of bankruptcy discharge and exempt property.



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Overview of Bankruptcy - Module 1 of 5


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Chapter 7 Liquidation - Module 2 of 5


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Chapter 11 Reorganization - Module 3 of 5


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Chapter 13 Reorganization - Module 4 of 5


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Bankruptcy Forms, Filing and Other Matters - Module 5 of 5


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Case Study: Homaidan v. Sallie Mae


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Case study: In re Clearpoint Chemicals, LLC