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Bankruptcy | United States Courts
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 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. All bankruptcy cases are handled in federal courts under rules outlined in the U.S. Bankruptcy Code.

SEC.gov | Bankruptcy: What Happens When Public Companies Go Bankrupt
Federal bankruptcy laws govern how companies go out of business or recover from crippling debt. A bankrupt company, the "debtor," might use Chapter 11 of the Bankruptcy Code to "reorganize" its business and try to become profitable again. Management continues to run the day-to-day business operations but all significant business decisions must be approved by a bankruptcy court.

Chapter 11 - Bankruptcy Basics | United States Courts
Background A case filed under chapter 11 of the United States Bankruptcy Code is frequently referred to as a "reorganization" bankruptcy. Usually, the debtor remains “in possession,” has the powers and duties of a trustee, may continue to operate its business, and may, with court approval, borrow new money. A plan of reorganization is proposed, creditors whose rights are affected may vote ...

Australian Financial Security Authority | Supporting better outcomes ...
We manage the application of bankruptcy and personal property securities laws through the delivery of high-quality personal insolvency and trustee, regulation and enforcement, and personal property securities services.

Chapter 13 - Bankruptcy Basics | United States Courts
Notes The "current monthly income" received by the debtor is a defined term in the Bankruptcy Code and means the average monthly income received over the six calendar months before commencement of the bankruptcy case, including regular contributions to household expenses from nondebtors and including income from the debtor's spouse if the petition is a joint petition, but not including social ...

Process - Bankruptcy Basics | United States Courts
Article I, Section 8, of the United States Constitution authorizes Congress to enact "uniform Laws on the subject of Bankruptcies." Under this grant of authority, Congress enacted the "Bankruptcy Code" in 1978. The Bankruptcy Code, which is codified as title 11 of the United States Code, has been amended several times since its enactment. It is the uniform federal law that governs all ...

Chapter 7 - Bankruptcy Basics | United States Courts
Notes The "current monthly income" received by the debtor is a defined term in the Bankruptcy Code and means the average monthly income received over the six calendar months before commencement of the bankruptcy case, including regular contributions to household expenses from nondebtors and including income from the debtor's spouse if the petition is a joint petition, but not including social ...

Bankruptcy Courts | USAGov
Each of the 94 federal judicial districts handles bankruptcy matters, and in almost all districts, bankruptcy cases are filed in the bankruptcy court. Bankruptcy laws help people who can no longer pay their creditors get a fresh start by liquidating their assets to pay their debts, or by creating a repayment plan.

Federal Courts & the Public | United States Courts
The primary purposes of bankruptcy law is to help honest people who can no longer pay their creditors get a new start by liquidating their assets to pay debts, or by creating a repayment plan. Bankruptcy laws also protect troubled businesses and provide for orderly distributions to business creditors through reorganization or liquidation.

Bankruptcy Information Sheet | UST | Department of Justice
Official websites use .gov A .gov website belongs to an official government organization in the United States. Secure .gov websites use HTTPS A lock A locked ... IF YOU WANT MORE INFORMATION OR HAVE ANY QUESTIONS ABOUT HOW THE BANKRUPTCY LAWS AFFECT YOU, YOU MAY NEED LEGAL ADVICE. THE TRUSTEE IN YOUR CASE IS NOT RESPONSIBLE FOR GIVING YOU LEGAL ...

 

 

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  1. Crypto meltdown a boon for bankruptcy lawyers  Reuters
  2. Bankruptcy Law Firms Boom as Crypto Firms Go Bust  BeInCrypto
  3. Bankruptcy lawyers stand to benefit greatly from crypto turmoil - report  Seeking Alpha
  4. Big Law's Crypto Bet Is Paying Off—Just Not How Lawyers Expected  Bloomberg Law
  5. Can I Deduct Cryptocurrency Losses? | Freeman Law - JDSupra  JD Supra
  6. View Full Coverage on Google News

Bankruptcy Lawyer: Do You Need One And What To Expect  Money

Will FTX Bankruptcy Law Questions Help Tame the Crypto Wild West? | Legaltech News  Law.com

Lawyers Detail the 'Abrupt and Difficult' Collapse of FTX in First Bankruptcy Hearing  CoinDesk

FTX Lawyers Accuse Bankman-Fried of Undermining Bankruptcy  Bloomberg

FTX Bankruptcy Gets New Twist As Lawyers Battle Over Venue  Forbes

A bungled house sale, a bankrupt couple, and a statutory puzzle involving debts incurred through fraud  SCOTUSblog

How An Emergency Bankruptcy Lawyer Can Help With Your Finances  Lawyer Monthly Magazine

Sullivan & Cromwell Handling FTX Bankruptcy Is Just the Tip of the Iceberg | The American Lawyer  Law.com

FTX lawyers tell bankruptcy court the company became SBF's 'personal fiefdom'  Yahoo Finance

BlockFi Turns to Kirkland, Haynes Boone for Bankruptcy Case (1)  Bloomberg Law

Scammers, Posing as Kirkland Lawyers, Phishing Celsius Customers  Bloomberg Law

Bankruptcy Whisperer Trades Courtroom for Boardrooms in Distress  Bloomberg Law

Remembering Richard Lieb // Cooley // Global Law Firm  Cooley LLC

Federal Rules of Bankruptcy Procedure Amended In Response to Small Business Reorganization Act of 2019  White and Williams LLP

 

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