50. New Jersey Bankruptcy Court

The New Jersey Bankruptcy Court is a specialized federal court that handles bankruptcy cases within New Jersey. Individuals or businesses experiencing financial difficulties can file for bankruptcy to seek relief from debts. The court oversees the process, ensuring that debts are resolved fairly under federal bankruptcy laws. It helps determine how debts will be repaid, if at all, and may allow individuals to keep certain assets. The court also ensures that creditors are treated equitably. Ultimately, it aims to provide a fresh start for those struggling financially while maintaining order in the process.