Bankruptcy and Secured Transactions – PLST 355
CG • Section • 01/03/2020 to 06/11/2020 • Modified 07/28/2020
Covers the bankruptcy code and rules of procedure. Emphasis will be placed on legal assistant’s role in Bankruptcy practice including interviewing, preparing documents including Schedules for Chapter 7, 11, and 13, legal proceedings including filing, meeting of creditors, adversarial proceedings, and the final discharge. Also included are secured and unsecured creditor priorities, preferences, and fraudulent transfers.
(PLAW 222 or PLST 222) and (PLAW 350 or PLST 350)
Debt plays an important role in the United States’ economy, the world economy, and the lives of many, if not most, Americans. Further, the Bible has much to say about debt and debt relief. Therefore, an understanding of debt and debt relief through bankruptcy is critical to an aspiring Christian legal professional. This course endeavors to expose the student to the law governing the formation, collection, and discharge of debts and challenges the student to consider all of these topics from a distinctly evangelical Christian worldview.
Measurable Learning Outcomes
Upon successful completion of this course, the student will be able to:
- Explain the relationship of the bankruptcy court and debt.
- Explain the differences in the chapters of bankruptcy relief.
- Describe the legal concepts of secured transactions, exemptions, debt collection, and debt relief.
- Synthesize all of the preceding in light of the Christian worldview.
Textbook readings and lecture presentations
Course Requirements Checklist
After reading the Syllabus and Student Expectations, the student will complete the related checklist found in Module/Week 1.
Discussion Board Forums (3)
Discussion boards are collaborative learning experiences. Therefore, the student is required to provide a thread in response to the provided prompt for each forum. Each thread must be 250 words and demonstrate course-related knowledge. In addition to the thread, the student is required to reply to 2 other classmates’ threads. Each reply must be 150 words.
Demand Letter Assignment
The student will draft a demand letter, which is a part of the collection of debt process.
Collections Forms Assignment
The student will draft forms for reducing a debt to judgment, such as a complaint and order.
Bankruptcy Forms Assignment
The student will use Best Case Software to prepare real bankruptcy forms.
Each test will cover the Reading & Study material for 2 modules/weeks. Each test will be open-book/open-notes, contain 22 multiple-choice and true/false questions, 3 short-answer questions, and have a 1-hour time limit. For all essay or short answer questions, explain your answer.