Changes

'''Bankruptcy''' refers to statutes and judicial proceedings involving persons or businesses that cannot pay their [[debt]]s and seek the assistance of the court in getting a fresh start. Under the protection of the [[bankruptcy court]], debtors may be released from or "discharged" from their debts, perhaps by paying a portion of each debt. [[Bankruptcy judges]] preside over these proceedings. The person with the debts is called the debtor and the people or companies to whom the debtor owes money are called [[credit]]ors.  

'''Bankruptcy''' refers to statutes and judicial proceedings involving persons or businesses that cannot pay their [[debt]]s and seek the assistance of the court in getting a fresh start. Under the protection of the [[bankruptcy court]], debtors may be released from or "discharged" from their debts, perhaps by paying a portion of each debt. [[Bankruptcy judges]] preside over these proceedings. The person with the debts is called the debtor and the people or companies to whom the debtor owes money are called [[credit]]ors.  

== See also ==

== See Also ==

*[[Bankruptcy code]]

* [[Bankruptcy code]]

*[[Chapter 7]]

* [[Chapter 7]]

*[[Chapter 11]]

* [[Chapter 11]]

*[[Chapter 13]]

* [[Chapter 13]]

*[[341 meeting]]

* [[341 meeting]]

 

[[Category:Legal Terms]]

[[Category:Legal Terms]]

[[Category:Bankruptcy Law]]

[[Category:Bankruptcy Law]]