The Law of Debtors and Creditors: Text, Cases, and Problems

by Elizabeth Warren, Jay Lawrence Westbrook

Debtor and Creditor law textbook

Genres: Law, Legal

947 pages, Hardcover

First published January 1, 1986

About the author

Elizabeth Warren (born 1949) is an American academic and politician, and the current senior U.S. Senator from Massachusetts and a Democrat. She is the Leo Gottlieb Professor of Law at Harvard Law School -- where she taught contract law, bankruptcy, and commercial law -- and devoted much of the past three decades to studying the economics of middle class families. In the wake of the 2008-9 financial crisis, she became the chair of the Congressional Oversight Panel created to investigate the U.S. banking bailout (formally known as the Troubled Assets Relief Program). In that role, she has provided a critical check on the U.S. Department of the Treasury and has been a leading advocate for accountability and transparency. Since 2007, she had advocated for the creation of a new Consumer Financial Protection Agency, which was established by the Dodd–Frank Wall Street Reform and Consumer Protection Act signed into law by President Obama in July 2010.

Reviews

[Owlseyes]

How do you concilate a "students debt cancelation" plan with this textbook of hers which costs $258.97?
What does she mean by "obscene profiting" from students? Really, who is profiting?

[William Snow · Rating 3 out of 5]

Don’t lie; don’t steal; don’t sleep with your client—but only if you weren’t already sleeping with them before they became your client

[Guadlupe Orozco · Rating 3 out of 5]

While I do enjoy the humor throughout the book, it has so much fluff that gets a little distracting. However, it did for the most part help me understand concepts when I didn't understand them in class. I only read the portions dealing with consumer bankruptcy. I have the pleasure (maybe displeasure) of reading the business bankruptcy portion later. I will update that later.

[Jake Hauser · Rating 5 out of 5]

Not your typical casebook. This is insight into how big finance and private equity work at the highest level. And how wealth and a little legal sophistication thoroughly insulate the elite from accountability and real risk…all in the name of protecting jobs that might be salvaged without the help of the people who drove their businesses into the dirt.

[Mar Garcia · Rating 3 out of 5]

This book sent me into a career crisis. However I did enjoy it. Talk to me about 1129(b)(2) cramdown whenever