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What Rules Govern the Bankruptcy Process - Explained

Title 11 of the US Bankruptcy Code

Written by Jason Gordon

Updated at September 26th, 2021

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Table of Contents

What rules govern the bankruptcy process?Academic Research

What rules govern the bankruptcy process?

The rules governing the bankruptcy process are contained in Title 11 of the US Code of Statutes. The relevant sections of the bankruptcy code are organized as follows:

Chapter 1 General Provisions Definitions, Powers of Court

Chapter 3 Case Administration

Note: Chapters 1, 3, and 5 are generally applicable to all bankruptcy cases

Chapter 5 Creditors and Claims

Chapter 7 Liquidation

Chapter 9 Municipal Bankruptcy

Chapter 11 Reorganization

Chapter 13 Individual Reorganization

Bankruptcy law is augmented by common law interpretation of statutes and regulations by federal bankruptcy courts. Further, state priority laws and exemptions are integrated into the bankruptcy process.

Next Article: What is the Authority of the Bankruptcy Court

Back to: BANKRUPTCY LAW

Related Topics

  • Participants in the bankruptcy process?
  • Key concepts behind the bankruptcy process?
  • Absolute Priority Rule
  • Pari Passu
  • What rules govern the bankruptcy process?
  • Bankruptcy Abuse Prevention and Consumer Protection Act
  • American Bankruptcy Institute Definition
  • Authority of the bankruptcy court?
  • Authority of the trustee (debtor in possession) in bankruptcy?
  • Debtor in Possession
  • The bankruptcy estate?
  • Bulk Sales Law
  • Automatic stay in bankruptcy?
  • Claims by creditors of the bankruptcy estate?
  • Voluntary and involuntary bankruptcy?

Academic Research on Bankruptcy Processx



bankruptcy process rules rules bankruptcy process

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