The course will provide an overview of the structure and mechanics of the federal bankruptcy system, with an emphasis on the issues that students are more likely to encounter during their careers, regardless of whether they specialize in the field. Topics that are given particular focus include the determination of assets in the bankruptcy estate, procedures and substantive requirements for claims allowance, disallowance, and discharge, the treatment of executory contracts and leases, and issues relating to the prosecution and defense of avoidance actions, including preference and fraudulent transfer claims.