This student-friendly casebook takes a practical approach to the subject: - uses a lively mix of problems, text, and cases - comprehensive coverage provides a solid introduction to the Bankruptcy Code, statutory rules, and issues of bankruptcy law - popular problems approach allows students to focus on the "nuts and bolts" of the law as it is actually applied in practice - carefully chosen cases demonstrate how the overall bankruptcy system works - clear and lucid writing style - sensible organization, beginning with an overview of bankruptcy law - manageable length, due to the concise, efficient, and effective format of the book The new edition addresses: - the new Bankruptcy Act, recently enacted by Congress after eight years of decision-making - major statutory changes in bankruptcy law reflected in completely updated material - new cases - necessary adjustments for class preparation, conveniently presented in the updated Teacher's Manual