Buy a new version of this textbook and receive access to the Connected eBook on Casebook Connect, including academic lifetime access to the online ebook with highlight, annotation, and search capabilities. Access also includes an outline tool and other helpful resources. Connected eBooks provide what you need most to be successful in your law school classes.

Stephen Parsons’ The ABCs of Debt provides the most practical, realistic, and comprehensive tools for today’s students to study and master debtor/creditor relations and the bankruptcy process.

The ABCs of Debt is unsurpassed in the foundation it lays for students regarding the creation and collection of secured and unsecured debt by both judicial and nonjudicial means. The text then leads them in a practical and realistic manner through Chapter 7, Chapter 13, and Chapter 11 bankruptcy cases in the actual way those cases begin, unfold, and ultimately play out in the offices of attorneys for debtors and creditors and bankruptcy trustees. The use of realistic and thorough case studies throughout the text forms a hands-on approach that bridges the gap between merely understanding debtor/creditor and bankruptcy concepts and knowing how to use them with confidence. Applying the Law exercises and optional drafting exercises develop the practical skills and working knowledge paralegals need.

New to the Seventh Edition:

A new Supplemental Materials feature appearing throughout the text provides additional material for in-depth study and instruction.
Coverage of four U.S. Supreme Court cases decided since the last edition as well as numerous circuit and district court opinions.
Consideration of new legal issues being raised by the Subchapter V proceeding for the small business debtor created as an alternative Chapter 11 proceeding by Congress in 2019.
Updated Case Studies for Chapter 7, Chapter 13, and Chapter 11 proceedings.
Freshened Examples and Hypotheticals throughout the text.

Professors and students will benefit from:

Realistic case studies that add a strong skill-building component to any study of bankruptcy law.
Problem-Hypotheticals where students apply points made in the text to realistic situations.
A sequential organization of bankruptcy topics that mirrors practice.
Ethical Considerations that showcase relevant ethical or professional challenges presented by the topic under discussion.
Highlighted case excerpts accompanied by Applying the Law exercises that link doctrine to practice.
Optional drafting exercises using hypothetical cases under Chapters 7, 11, and 13
Supplemental Materials feature provides students with opportunities to learn more about topics that interest them and enriches classroom discussions.
Engaging and informative text boxes.
Key Concepts at the start of each chapter.
Chapter summaries, review questions, and sample forms.

Bankruptcy Law and Debtor/Creditor, Paralegal Studies Textbooks

Basic Bankruptcy Law for Paralegals: Abridged, Sixth Edition

Basic Bankruptcy Law for Paralegals, Twelfth Edition

Bundle: Basic Bankruptcy Law for Paralegals, Sixth Abridged Edition and The Law Simulation Series: Bankruptcy

The ABCs of Debt: A Case Study Approach to Debtor/Creditor Relations and Bankruptcy Law, Seventh Edition