One of the leading casebooks in the field, The Law of Debtors and Creditors features forty problem sets with realistic questions a lawyer considers in confronting the statutory provisions for a bankruptcy case. Explanatory text throughout makes bankruptcy law accessible to students and easier to teach. The material is organized functionally--as a bankruptcy case would unfold--making the presentation logical and sensible. By separating consumer bankruptcy from business bankruptcy, professors can select the depth of coverage for each course. The Seventh Edition produces expanded coverage of business bankruptcy topics such as corporate governance in bankruptcy and bankruptcy sales. Discussion of over a half-dozen recent Supreme Court cases on bankruptcy includes Stern v. Marshall. Adjustments to teaching approach to means test and other 2005 amendment topics reflect existing law and practice and help students learn. Features: forty problem sets--featuring the realistic questions a lawyer considers in confronting the statutory provisions for a bankruptcy case explanatory text makes bankruptcy law accessible to students and easier to teach organized functionally, as a bankruptcy case would unfold logical and sensible separates consumer bankruptcy from business bankruptcy provides greater clarity permits professors to select depth of coverage Thoroughly updated, the revised Seventh Edition presents: expanded coverage of business bankruptcy topics corporate governance in bankruptcy bankruptcy sales discussion of recent Supreme Court cases on bankruptcy, including Stern v. Marshall adjustments to teaching approach to means test and other 2005 amendment topics to reflect existing law and practice