This course addresses the legal and equitable remedies of creditors and the protections afforded debtors who have entered into secured and unsecured transactions. Topics include: consensual liens in the real estate and personal property contexts; non-consensual liens; judicial and non-judicial collection rights; priority among competing creditors; debtor protections, including statutory and common law remedies; and Art. 9 of the Uniform Commercial Code.
This course does not cover bankruptcy law. Not open to students who have taken Secured Transactions or Commercial Law Survey. This course will be offered in place of Mortgages and Liens and Secured Transactions. Some of the coverage of this course overlaps with Commercial Law Survey and students will not be allowed to enroll in both courses.