Mastering Bankruptcy is a succinct, practical guide to the intricacies of Title 11 of the United States Code. Functional in approach, it describes the operation of the general, administrative and estate management and maximization provisions of chapters 1, 3, and 5 of the Bankruptcy Code and their interaction with one another, and then turns to the operative chapters of the Code (7, 9, 11, 12, and 13) to describe how these provisions are deployed in liquidation, rehabilitation, and reorganization cases. The author is a long-term professor and practitioner, whose writings on this and other subjects have long been praised as spare and straightforward, eschewing the overly complex tone of other works, including many casebooks and treatises. He has incorporated his experience and explanations of typical bankruptcy issues, problems, solutions, and outcomes formed over nearly 20 years in the field. By weaving together the purpose and the practical effect of the provisions of the Bankruptcy Code and the Federal Rules of Bankruptcy Procedure with illustrative examples, this book will greatly assist those who are seeking to master the subject in short order.