LEGAL 263 - Debtor-Creditor Law

5.0 Credits
Study of the federal Bankruptcy Act including procedural steps involved in bankruptcy proceedings and wage earner plans; collection of claims and creditors’ rights including enforcement of judgments and pre- and post-judgment remedies. Prerequisite: LEGAL 200 or instructor’s permission.

Course Objectives
Upon successful completion of this course, students will be able to:

Define the various statutory and common law remedies available to creditors under Washington law, including pre-judgment and post-judgment remedies. [REASON]
Demonstrate the basic knowledge of the general code provisions related to all bankruptcy cases, including specific code provisions related to liquidation bankruptcies and reorganization bankruptcies. [REASON]
Distinguish between and describe the different types of bankruptcies available, the relevant statutory provisions, and who is eligible to be a debtor under the various chapters. [REASON]
Evaluate information regarding a debtor’s assets and liabilities and use the information to prepare documents necessary for a routine consumer Chapter 7 and Chapter 13 bankruptcy. [REASON]
Describe the meaning and effect of the basic procedures, forms, documents and other materials needed for filing a Chapter 7, Chapter 11 or Chapter 13 bankruptcy. [REASON]
Prepare documents and follow the procedures required for attachment, execution, and garnishments. [ACT]