
92. Virgin Islands Bankruptcy Court
The Virgin Islands Bankruptcy Court is a specialized court that handles bankruptcy cases within the U.S. Virgin Islands. Bankruptcy is a legal process that allows individuals or businesses unable to pay their debts to seek relief. The court oversees these cases, helping to determine how debts are managed or discharged. It ensures fair treatment of creditors and debtors, and its rulings can provide individuals or companies a fresh start financially. This court operates under federal law and is part of the broader U.S. bankruptcy system, tailored to the specific needs and circumstances of the Virgin Islands.