The Second Edition of Questions & Answers: Bankruptcy builds on the excellence, scope, and usability of the First Edition. The book contains 398 multiple-choice and short-answer questions with clear, detailed answers for each question, along with a two-hour, comprehensive practice exam, also with detailed, step-by-step explanations. The questions and answers cover the major chapters of the Bankruptcy Code (7, 11, 12, and 13) and include expertly designed questions on consumer bankruptcy, corporation liquidation, corporate reorganization, family farms, bankruptcy procedure, and many other issues. Specific coverage includes: the structure of the Code, bankruptcy eligibility, property of the estate and exclusions, the automatic stay, claims resolution and distribution, administrative powers, executory contracts, avoiding powers, preferences and exceptions, strong-arm powers, fraudulent transfers, recovery of avoided transfers, discharge and dischargeability, exemptions, means-testing, redemption, reaffirmation, reorganization plans in both chapter 11 and chapter 13, plan confirmation, advanced issues in chapter 11, non-discrimination, lien avoidance, and revocation of plan confirmation. A robust mix of both practical and policy-oriented questions, the second edition of Questions & Answers: Bankruptcy is completely updated to incorporate the latest revisions to the Bankruptcy Code and Rules, as well as recent case law developments. The book is an ideal study aid for students taking introductory and advanced bankruptcy courses, and is perfect for practitioners seeking bankruptcy certification.