The Bankruptcy Law Society (BLS) provides a forum for law students and others in the university who are interested in all facets of bankruptcy law, including creditor rights, business reorganization, out of court workouts, sovereign debt defaults, liquidation, and individual debtor bankruptcy. BLS hosts guest speakers with expertise in this field, organizes Michigan Law students to participate in bankruptcy moot court competitions and conferences, and with a goal of promoting community service initiatives to help low-income individuals or struggling small businesses access bankruptcy counseling.