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The University of Texas at Austin School of Law

Secured Credit

  • Semester: Spring 2008
  • Course ID: 380D
  • Credit Hours: 3
  • Unique: 28570

Course Information

Registration Information

  • Upperclass-only elective
  • Reversed priority

Meeting Times

Day Time Location
WED, THU 2:00 - 3:15 pm TNH 2.140

Evaluation Method

Type Date Time Location
Final exam May 13, 2008 8:30 am A-K in 2.137
L-Z in 2.139

Description

When a debtor runs into financial trouble, the likelihood of a particular creditor getting repaid in whole or in part will often depend on whether the creditor lent on a secured or unsecured basis. Compared to an unsecured creditor, a secured creditor possesses vastly superior legal rights in the collection and enforcement of debts. This course will address the "elevated" legal rights of the secured creditor by focusing upon Article 9 of the Uniform Commercial Code (the "UCC") -- the law of secured financing. We will discuss the rights and remedies of the secured creditor and the unsecured creditor under state law, and we will also address the effect of bankruptcy upon these rights and remedies (no prior knowledge of bankruptcy is required). The course is taught from a problem-solving approach; thus, the classes will focus upon discussing and analyzing real-world legal problems.

Instructors

Headshot of Moll, Douglas Moll, Douglas
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