Ninth Edition of Law of Debtors and Creditors Now Available! – Credit Slips
Are you teaching (or thinking about teaching) bankruptcy this winter/spring 2027? Or next academic year? The premiere bankruptcy textbook is now updated! The Law of Debtors and Creditors: Text, Cases, and Problems, 9th Edition (Aspen 2027). Professor Angie Littwin and I have been added to the former Slipsters who makeup the book’s author team. The book is designed to support a bankruptcy survey course, a consumer bankruptcy course, a business bankruptcy course, or an advanced bankruptcy course. The Ninth Edition maintains its fundamental organizing principle of division between consumer and business bankruptcy and problem-centered approach. This edition continues the book’s grounding in the real-world problems facing struggling consumers, cash-strapped businesses, and creditors. Your students will address the Bankruptcy Code as the primary law, as interpreted and applied in cases ranging from unpublished bankruptcy court orders to Supreme Court decisions.
The revised edition brings a refresh of the consumer section, with a focus on updating older (and in some instances, overruled) materials and providing new data about bankruptcy filers and trends. We also made important, targeted updates to the business material, likewise featuring new exciting cases (e.g., Fulton and Purdue) and data. The biggest change is a standalone assignment for subchapter V of chapter 11. We also reconceptualized the assignment about future claimants and third-party releases to focus more on emerging issues, particularly mass tort bankruptcies, in a post-Purdue world. And you’ll notice that we shortened nearly every assignment and consequently reduced the overall length of the book notwithstanding this new material.
As with prior editions, we updated the robust Teacher’s Manual to reflect our own experiences in the classroom and your feedback. You can find the TM and other professor materialson Aspen’s website for the Ninth Edition. (If you’re planning to teach in the winter/spring 2027 semester, we also recommend the Bankruptcy & Article 9 2026 statutory supplement.)
