This text investigates the procedural and substantive changes introduced by the Bankruptcy Reform Act to provide a functional framework for legal practitioners. Harvey R. Miller, a prominent attorney specializing in corporate restructuring, utilizes his extensive experience in insolvency law to interpret the statutory language of the Act. The book serves as a technical manual, translating complex legislative mandates into actionable guidance for attorneys navigating the revised bankruptcy landscape.

Legal professionals frequently cite this work as a foundational resource for understanding the legislative intent behind the Bankruptcy Reform Act. Experts note the high technical density of the prose, which is intended for practitioners rather than laypeople.