U.S. Bankruptcy Courts

U.S. Bankruptcy Courts are specialized federal courts that handle bankruptcy cases, which involve individuals or businesses unable to pay their debts. These courts oversee the legal process of restructuring debt or liquidating assets to repay creditors. While they operate under the U.S. District Courts, their decisions can be appealed to the U.S. Court of Appeals and, in some instances, to the Supreme Court. The Supreme Court has addressed important bankruptcy issues, ensuring consistent interpretation of bankruptcy laws across different jurisdictions and protecting the rights of debtors and creditors alike.