View source for United States Bankruptcy Court

The '''United States Bankruptcy Court''' is the judicial body which hears matters pertaining to [[bankruptcy]] and reorganization.

Each of the 94 [[federal]] judicial districts handles bankruptcy matters, and in almost all districts, bankruptcy cases are filed in the bankruptcy court. Bankruptcy cases cannot be filed in state court; the United States Constitution states that Federal courts exclusively handle these cases. Bankruptcy laws help people who can no longer pay their creditors get a fresh start by liquidating their assets to pay their debts, or by creating a repayment plan.

Bankruptcy laws also protect troubled businesses and provide for orderly distributions to business creditors through reorganization or liquidation. These procedures are covered under Title 11 of the [[United States Code]] (the Bankruptcy Code). The vast majority of cases are filed under the three main chapters of the Bankruptcy Code, which are '''Chapter 7''', '''Chapter 11''', and '''Chapter 13'''.<ref>[http://www.uscourts.gov/bankruptcycourts.html United States Bankruptcy Courts]</ref>

==References==
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[[Category:United States Courts]]
[[Category:Bankruptcy Law]]
[[Category:United States Government Agencies]]