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Simple English definitions for legal terms

bankruptcy court

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A quick definition of bankruptcy court:

Bankruptcy court: Bankruptcy court is a special court that helps people who can't pay their debts. There are 94 of these courts in the United States. They only hear cases about bankruptcy, which is when someone owes a lot of money and can't pay it back. Bankruptcy laws help people start over by selling their things to pay their debts or making a plan to pay back what they owe. Businesses can also use bankruptcy court to reorganize or sell their assets. Most cases are filed under three main chapters of the Bankruptcy Code: Chapter 7, Chapter 11, and Chapter 13.

A more thorough explanation:

A bankruptcy court is a federal court that handles bankruptcy cases. There are 94 federal judicial districts, and each district has its own bankruptcy court. Bankruptcy cases cannot be filed in state court.

Bankruptcy laws help people who cannot pay their debts start over. This can be done by liquidating their assets to pay their debts or creating a repayment plan. Bankruptcy laws also help troubled businesses by providing protection and distributing assets to creditors in an orderly manner through reorganization or liquidation.

Most bankruptcy cases are filed under three main chapters of the Bankruptcy Code: Chapter 7, Chapter 11, and Chapter 13. For example, In re Marciano was a bankruptcy case filed under Chapter 11 of the Bankruptcy Code.

Overall, bankruptcy court is a specialized court that helps individuals and businesses get a fresh start when they are struggling with debt.

bankruptcy | bankruptcy discharge

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JumpySubsequentDolphin
20:48
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JumpySubsequentDolphin
20:48
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JumpySubsequentDolphin
20:48
what if I have to pee.
THATS SO FUNNY
i cant i would go crazy
JumpySubsequentDolphin
20:50
i need to know who decided to do that.
JumpySubsequentDolphin
20:50
omg im on a plane weeeee
the devil
youre on a plane??? LSD made the mile high club??
20:50
yo splitterus are you in school already
20:50
it says ur c/o 2027
JumpySubsequentDolphin
20:51
@SplitterusClitterus: HAHAH yes
ur user is hilarioussss and no i just graduated this may and am now applying ---also im out of messages so ill take a lil
20:52
roger dat. see u in heck
im back, r u applying this cycle too
JumpySubsequentDolphin
21:32
this child fell asleep on me
JumpySubsequentDolphin
21:32
im so uncomfortable
just push him off the entire seat
JumpySubsequentDolphin
21:34
LMAOOOO
JumpySubsequentDolphin
21:35
no he’s literally like 8 and he fully just put his head on my bicep and slept
JumpySubsequentDolphin
21:35
he has since moved
22:12
@SplitterusClitterus: me yesterday
gulc baby pls text me back... i miss you ...... :(
22:23
i just went into a discord vc and yelled "YALL I JUST GOT INTO J.M. SCHOOL OF LAW"
22:24
people were getting excited :sob:
22:25
then someone was like "what does jm stand for" and i was like .. well
AHHAHAHAHAHAHHAHAHAHAHAHAH
@JumpySubsequentDolphin: wait this is so cute, also where r u going
JOE MBIDEN
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