Bankruptcy is a legal status of a person or other entity that cannot repay the debts
it owes to creditors. In most jurisdictions, bankruptcy is imposed by a court ...
About Bankruptcy Filing bankruptcy can help a person by discarding debt or
making a plan to repay debts. A bankruptcy case normally begins when the
Bankruptcy Basics provides general information about federal bankruptcy laws
and the bankruptcy process. It is not a guide for filing for bankruptcy.
Learn about bankruptcy (Chapter 7, Chapter 13, and Chapter 11) for consumers
and business owners. Find out how bankruptcy works, what debts are ...
There's no question that deciding whether to declare bankruptcy is very difficult. It
affects your future credit, your reputation and your self-image. It can also.
Bankruptcy can help those with too much debt by erasing all or most of their
debts and providing a fresh financial start. It can only be granted by a state or
An overview of bankruptcy law with links to key primary and secondary sources.
U.S. Code: Title 11 - BANKRUPTCY. Current through Pub. L. 114-38. (See Public
Laws for the current Congress.) US Code · Notes · prev | next · CHAPTER 1 ...
News, statistics, legislative updates, directories of professionals, and information
on filing for bankruptcy.
If you plan to file for bankruptcy protection, you must get credit counseling from a
government-approved organization within 180 days before you file. You also ...