Bankruptcy Basics -- prepared by the Administrative Office of the United States Courts -- is an online source providing basic information to debtors, creditors, and the general public on different aspects of federal bankruptcy law. It also provides individuals who may be considering filing a bankruptcy petition with a basic explanation of the different chapters under which a bankruptcy case may be filed and answers to some of the most commonly asked questions about the bankruptcy process.
Topics include:
- Process
- The Discharge in Bankruptcy
- Chapter 7. Liquidation Under the Bankruptcy Code
- Chapter 11. Reorganization Under the Bankruptcy Code
- Chapter 13. Individual Debt Adjustment
- Glossary - Terms You Need to Know
Less common topics include:
- Chapter 9. Municipality Bankruptcy
- Chapter 12. Family Farmer Bankruptcy or Family Fisherman Bankruptcy
- Chapter 15. Ancillary and Other Cross-Border Cases
- SCRA. Servicemembers' Civil Relief Act
- SIPA. Securities Investor Protection Act
Bankruptcy Basics is also available as a
downloadable PDF.