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Bookmark or Share- Chapter 11 - Bankruptcy Basics - United States CourtsThe Bankruptcy Code allows small business debtors to file for relief under two different special categories of chapter 11 intended to streamline processes and reduce costs.
- Process - Bankruptcy Basics - United States CourtsThe Bankruptcy Code and Bankruptcy Rules (and local rules) set forth the formal legal procedures for dealing with the debt problems of individuals and businesses. There is a bankruptcy court for each judicial district in the country.
- Chapter 13 - Bankruptcy Basics - United States CourtsBankruptcy Basics - Filing for Bankruptcy Find information about bankruptcy laws, including answers to some of the most frequently asked questions. These videos will give you basic information about the process, the relief it offers, and how to find the legal help you may need.
- Chapter 9 - Bankruptcy Basics - United States CourtsThe purpose of chapter 9 is to provide a financially-distressed municipality protection from its creditors while it develops and negotiates a plan for adjusting its debts. Reorganization of the debts of a municipality is typically accomplished either by extending debt maturities, reducing the amount of principal or interest, or refinancing the ...
- Chapter 7 - Bankruptcy Basics - United States CourtsThe Bankruptcy Code allows an individual debtor (4) to protect some property from the claims of creditors because it is exempt under federal bankruptcy law or under the laws of the debtor's home state. 11 U.S.C. § 522(b).
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