This course uses consumer bankruptcy as a lens to study the role of consumer credit in the U.S. economy and society. The class will focus on the key aspects of the consumer bankruptcy system, including who files bankruptcy, what causes bankruptcy, the consequences of bankruptcy, and the operation of the bankruptcy system. We will discuss each of these issues in the larger context of consumer debt and consumer law, and will also cover the foreclosure crisis, student loans, and issues related to debt, race, and gender. The readings will come from law and non-law sources, including the work of a variety of social scientists. Sarah Bloom Raskin, formerly a member of the Board of Governors of the Federal Reserve System and former United States Deputy Secretary of the Treasury, will be a guest instructor for several class sessions.
|Course Areas of Practice|
Knowledge and understanding of substantive and procedural law