Bankruptcy Information





U S Bankruptcy Courts United States Bankruptcy Courts Each of the handles bankruptcy matters and in almost all districts bankruptcy cases are filed in the bankruptcy court Bankruptcy cases cannot be filed in state court 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 of the United States Code The vast majority of cases are filed under the three main chapters of the Bankruptcy Code which are and Filing for Bankruptcy provides basic information to debtors creditors court personnel the media and the general public on different aspects of the federal bankruptcy laws It also provides individuals who may be considering bankruptcy with a basic explanation of the different chapters under which a bankruptcy case may be filed and answers some of the most commonly asked questions about the bankruptcy process In the Bankruptcy Code was amended to require that most individual debtors complete a special briefing from an approved credit counseling agency before filing

The United States Trustee Program is the component of the Department of Justice responsible for overseeing the administration of bankruptcy cases and private trustees under U S C sect and U S C sect et seq It consists of an Executive Office for U S Trustees in Washington DC regional U S Trustees and field offices This site contains information about the United States Trustee Program and the federal bankruptcy system Welcome and thank you for visiting our home page on the Department of Justice Internet site Last Update January PM U S Trustee Program Department of Justice usdoj ust smm Detecting and combating Bankruptcy Fraud is a U S Trustee Program priority For information on how to report suspected bankruptcy fraud click Means Testing Information Census Bureau Data and Administrative Expense Multipliers January UPDATE The Census Bureau rsquo s median family income data and the Administrative Expense Multipliers on the page have been updated The U S Trustee Program will apply the updated data to all cases filed on or after February Director Addresses the Congress December Director Cliff White testified before the Senate Judiciary Committee's Subcommittee on Administrative Oversight and the Courts on Oversight of the Implementation



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