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Bankruptcy - United States Courts 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
Bankruptcy Basics - United States Courts 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
Process - Bankruptcy Basics - United States Courts Six basic types of bankruptcy cases are provided for under the Bankruptcy Code, each of which is discussed in this publication The cases are traditionally given the names of the chapters that describe them
Filing Without an Attorney - United States Courts Individuals can file bankruptcy without an attorney, which is called filing pro se However, seeking the advice of a qualified attorney is strongly recommended because bankruptcy has long-term financial and legal outcomes
Chapter 7 - Bankruptcy Basics - United States Courts Such debtors should consider filing a petition under chapter 11 of the Bankruptcy Code Under chapter 11, the debtor may seek an adjustment of debts, either by reducing the debt or by extending the time for repayment, or may seek a more comprehensive reorganization
Chapter 13 - Bankruptcy Basics - United States Courts Chapter 13 - Bankruptcy Basics Chapter 13 of the Bankruptcy Code provides for adjustment of debts of an individual with regular income Chapter 13 allows a debtor to keep property and pay debts over time, usually three to five years
For Debtors | Central District of California | United States Bankruptcy . . . You cannot repay the money owed by the time it is due and have filed bankruptcy Bankruptcy has long term financial and legal consequences, and hiring a competent attorney is strongly recommended If you don't have an attorney, visit this page for helpful information and other resources
Understanding Bankruptcy | United States Bankruptcy Court Bankruptcy is a set of federal laws and rules that can help individuals and businesses who owe more debt than they can pay Each of the 94 federal judicial districts handles bankruptcy matters, and in almost all districts, bankruptcy cases are filed in the bankruptcy court
Chapter 11 - Bankruptcy Basics - United States Courts The Bankruptcy Code permits applications for fees to be made by certain professionals during the case Thus, a trustee, a debtor's attorney, or any professional person appointed by the court may apply to the court at intervals of 120 days for interim compensation and reimbursement payments