Puerto Rico Bankruptcy Court

The Puerto Rico Bankruptcy Court is a specialized federal court that deals with bankruptcy cases in Puerto Rico. It provides a legal framework for individuals and businesses unable to pay their debts, allowing them to reorganize their finances or liquidate assets to repay creditors. This court operates under U.S. bankruptcy laws, helping to ensure fairness and order in the process. The court also plays a crucial role in Puerto Rico's larger financial challenges, particularly after the island's economic crisis and significant public debt, offering a pathway for fiscal recovery and restructuring.