Filing bankruptcy can help a person by discarding debt or making a plan to repay debts. A bankruptcy case normally begins when the debtor files a petition with the bankruptcy court. A petition may be filed by an individual, by spouses together, or by a corporation or other entity.<\/p>\n
All bankruptcy cases are handled in federal courts under rules outlined in the U.S. Bankruptcy Code.<\/p>\n
There are different types of bankruptcies, which are usually referred to by their chapter in the U.S. Bankruptcy Code.<\/p>\n
Bankruptcy Basics provides detailed information about filing.<\/p>\n
The rules of procedure that govern how Bankruptcy Courts operate are called the Federal Rules of Bankruptcy Procedure.<\/p>\n
Seeking the advice of a qualified lawyer is strongly recommended because bankruptcy has long-term financial and legal consequences. Individuals can file bankruptcy without a lawyer, which is called filing pro se. Learn more.<\/p>\n
You can either browse the Bankruptcy Code using the menu on the right side of you screen or you can proceed directly to the Table of Contents.<\/p>\n
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U.S. Bankruptcy Code | 2020 Official Edition<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Filing bankruptcy can help a person by discarding debt or making a plan to repay debts. A bankruptcy case normally begins when the debtor files a petition with the bankruptcy court. A petition may be filed by an individual, by spouses together, or by a corporation or other entity. Continue reading