Introduction to Title II of the United States Code and related state and federal laws. Explore both liquidation and reorganization bankruptcy, including exemptions, discharge of debt, avoidance of powers of trustees, and rights of various classes of creditors. Examine jurisdiction and procedure. For each semester hour of credit earned, the equivalent of one lecture hour a week for one semester. Law 242M, 342M, 442M and Law 292R, 392R, 492R may not both be counted.