WOL-301: Bankruptcy

Duration: 4 Weeks
Credits: 2 Credits (84 Clock Hours)



Paralegals are in high demand in the field of debtor-creditor law. This course acquaints the student with the three most common forms of bankruptcy: Chapters 7, 11, and 13. The student learns the law of bankruptcy and develops practical experience becoming familiar with documents commonly used in bankruptcy practice. Students learn about the valuable role of paralegal professionals in a successful bankruptcy practice.

This course includes a thorough review of the new bankruptcy laws, which came into effect in 2005. Changes include a requirement that the debtor have counseling before they can file a bankruptcy case, and a "means test" now requires all debtors to meet a more rigorous income and asset standard before being qualified to file. The new law also imposes new requirements on lawyers, and by extension, the paralegals who do most of the bankruptcy work. These changes, and others, are reviewed in this course.

Course Syllabus (click to view)


Earn Your Certificate Online

Upon completion of this individual course, students will be awarded a certificate from the The Washington Online Learning Institute.

Certification from the accredited Washington Online Learning Institute will signify the student's achievement in both knowledge and competence.

This certificate is valid in all 50 States.


Course Format: Instructor Led Online Course

Students are required to complete weekly reading assignments both from the textbook and other supplemental materials. Students must also participate in discussions with the course instructor and fellow students. Discussion forums are provided in the WOLI online classroom.

Online tests are conducted at the end of each course.

Students are not required to attend any scheduled class meetings. Log in at your convenience to attend school.


Fully Accredited Online School

WOLI is fully accredited by the Middle States Association (MSA) Commission on Secondary Schools, one of the most prestigious accrediting agencies in the United States.