The ABCs of Debt: A Case Study Approach to Debtor/Creditor Relations and Bankruptcy Law - 7th Edition - Stephen P. Parsons cover
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The ABCs of Debt: A Case Study Approach to Debtor/Creditor Relations and Bankruptcy Law - 7th Edition - Stephen P. Parsons

ISBN
9798894101439
Publisher
Aspen Publishing
Edition
7th Edition
Condition
$126.99 for the Fall 2026 semester · prepaid return label included

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The ABCs of Debt: A Case Study Approach to Debtor/Creditor Relations and Bankruptcy Law 7th Edition Stephen P. Parsons ISBN 9798894101439

The ABCs of Debt by Stephen Parsons delivers a highly practical, realistic, and comprehensive approach to understanding debtor–creditor law and the bankruptcy process. Designed for today’s students, the text equips readers with the tools needed to study and master the legal and procedural aspects of debt collection and bankruptcy with confidence.

The book provides an unmatched foundation in the creation and collection of both secured and unsecured debt through judicial and nonjudicial methods. It then guides students step by step through Chapter 7, Chapter 13, and Chapter 11 bankruptcy proceedings, presenting each process as it actually unfolds in practice—from initial filing to resolution—through the perspectives of debtor and creditor attorneys and bankruptcy trustees. Detailed, realistic case studies are woven throughout the text to create a hands-on learning experience that bridges the gap between understanding legal concepts and applying them in real-world situations. Applying the Law exercises and optional drafting assignments further develop the practical skills and working knowledge essential for paralegals and legal professionals.

New to the Seventh Edition:

  • A new Supplemental Materials feature throughout the text, offering expanded content for deeper study and instruction.

  • Coverage of four U.S. Supreme Court decisions issued since the previous edition, along with numerous circuit and district court opinions.

  • Examination of emerging legal issues related to Subchapter V proceedings for small business debtors, introduced by Congress in 2019 as an alternative to traditional Chapter 11.

  • Updated case studies for Chapter 7, Chapter 13, and Chapter 11 bankruptcy proceedings.

  • Revised examples and hypotheticals throughout the text.

Benefits for Professors and Students:

  • Realistic case studies that strengthen skill development in bankruptcy law.

  • Problem-based hypotheticals that require students to apply legal principles to practical scenarios.

  • A sequential organization that mirrors the way bankruptcy matters are handled in practice.

  • Ethical Considerations highlighting professional and ethical challenges relevant to each topic.

  • Selected case excerpts paired with Applying the Law exercises that connect doctrine to practice.

  • Optional drafting exercises based on hypothetical cases under Chapters 7, 11, and 13.

  • Supplemental Materials that encourage deeper exploration and enrich classroom discussion.

  • Engaging and informative text boxes.

  • Key Concepts presented at the beginning of each chapter.

  • Chapter summaries, review questions, and sample forms to reinforce learning.

The ABCs of Debt: A Case Study Approach to Debtor/Creditor Relations and Bankruptcy Law 7th Edition Stephen P. Parsons ISBN 9798894101439, 979-8894101439 & 9798894101446

Authors:
Stephen P. Parsons