United States bankruptcy law

E71435

United States bankruptcy law is the federal legal framework that governs how individuals and businesses resolve or discharge their debts through court-supervised proceedings.

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All labels observed (5)

Statements (50)

Predicate Object
instanceOf bankruptcy law
federal law
legal system
administeredBy United States bankruptcy courts
federal judiciary of the United States
surface form: United States federal courts
amendedBy Bankruptcy Abuse Prevention and Consumer Protection Act of 2005
appliesTo business debtors
individual debtors
municipalities
chapter11Purpose reorganization of businesses
chapter12Purpose adjustment of debts of family farmers and fishermen
chapter13Purpose adjustment of debts of individuals with regular income
chapter15Purpose cross-border insolvency
chapter7Purpose liquidation of nonexempt assets
chapter9Purpose adjustment of debts of municipalities
coreStatute United States bankruptcy law self-linksurface differs
surface form: Bankruptcy Code
country United States of America
surface form: United States
governs bankruptcy proceedings
debt discharge
reorganization of debt
implementedBy Title 11 of the United States Code
includesChapter Chapter 11
Chapter 12
Chapter 13
Chapter 15
Chapter 7
Chapter 9
interactsWith state exemption laws
state property law
jurisdiction exclusive federal jurisdiction
keyConcept automatic stay
bankruptcy estate
creditors committee
debtor in possession
discharge of debts
exempt property
means test
plan of reorganization
priority claims
reaffirmation agreements
secured claims
trustee
unsecured claims
legalBasis United States Constitution Article I Section 8 Clause 4
overseenBy United States Department of Justice
surface form: Department of Justice

United States Trustee Program
policyGoal equitable distribution to creditors
fresh start for honest debtors
requires good faith in filing and plan proposals
sourceOfProcedure Federal Rules of Bankruptcy Procedure

Referenced by (25)

Full triples — surface form annotated when it differs from this entity's canonical label.

United States bankruptcy courts appliesLaw United States bankruptcy law
United States bankruptcy law coreStatute United States bankruptcy law self-linksurface differs
this entity surface form: Bankruptcy Code
Title 11 of the United States Code shortName United States bankruptcy law
this entity surface form: Bankruptcy Code
Bankruptcy Reform Act of 1978 created United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the District of South Dakota appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
Chapter 7 – Liquidation governedBy United States bankruptcy law
this entity surface form: Bankruptcy Code
Chapter 12 – Adjustment of Debts of a Family Farmer or Fisherman with Regular Annual Income partOf United States bankruptcy law
this entity surface form: United States Bankruptcy Code
Chapter 13 – Adjustment of Debts of an Individual with Regular Income legalBasis United States bankruptcy law
this entity surface form: United States Bankruptcy Code
Commission on the Bankruptcy Laws of the United States partOf United States bankruptcy law
this entity surface form: United States federal bankruptcy reform process
United States Trustees jurisdiction United States bankruptcy law
subject surface form: United States Trustee
this entity surface form: United States federal bankruptcy system
Public Law 98-353 affects United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the Western District of Tennessee appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the Eastern District of Louisiana appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the Eastern District of Michigan appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the Southern District of California appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the Eastern District of Washington appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the Southern District of New York governingLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the District of Colorado appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the District of Kansas appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the Northern District of Alabama appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the Southern District of Alabama appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States bankruptcy court for the Middle District of Pennsylvania appliesLaw United States bankruptcy law
subject surface form: United States Bankruptcy Court for the Middle District of Pennsylvania
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the District of Delaware appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States Bankruptcy Court for the Southern District of Indiana governingLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code
United States bankruptcy courts in the Northern District of Georgia appliesLaw United States bankruptcy law
this entity surface form: United States Bankruptcy Code