US Bankruptcy Court

The US Bankruptcy Court is a specialized federal court that handles cases involving individuals and businesses unable to pay their debts. It offers a legal process for debtors to reorganize or eliminate their debts, providing relief and a fresh start. There are different types of bankruptcy filings, such as Chapter 7 (liquidation) and Chapter 13 (reorganization) for individuals. The court ensures an orderly process, protects creditors' rights, and aims to achieve fair outcomes for all parties involved. Each case is overseen by a judge who interprets bankruptcy law and makes decisions on the case’s proceedings.