Legal definition of bankruptcy court
Personal Bankruptcy Legal Terminology

bankruptcy court

The specialized federal court created to deal with bankruptcy matters under the Federal Bankruptcy Act There are several bankruptcy courts in each state, and each one's territory covers several counties.

The procedural aspects of the bankruptcy process are governed by the Federal Rules of Bankruptcy Procedure (often called the "Bankruptcy Rules") and local rules of each bankruptcy court. The Bankruptcy Rules contain a set of official forms for use in bankruptcy cases. The Bankruptcy Code and Bankruptcy Rules (and local rules) set forth the formal legal procedures for dealing with the debt problems of individuals and businesses.

The court official with decision-making power over federal bankruptcy cases is the United States bankruptcy judge.

A debtor's involvement with the bankruptcy judge is usually very limited. A typical chapter 7 debtor will not appear in court and will not see the bankruptcy judge unless an objection is raised in the case. A chapter 13 debtor may only have to appear before the bankruptcy judge at a plan confirmation hearing.
Find a legal term by clicking on the first letter of a legal word or phrase:
Book of the Day in our Store
Share it on TwitterFacebook
Rules of the Game: Sports LawRules of the Game: Sports Law
by Michael E. Jones
  • List Price: $69.00
  • Price: $55.20
  • You Save: $13.80 (20%)
from $46.98
Title IXTitle IX
by Linda Jean Carpenter, R. Vivian Acosta
  • List Price: $62.00
  • Price: $51.15
  • You Save: $10.85 (18%)
from $4.75
Scott R StaabAttorney at LawPRACTICE AREA: Personal Injury, Professional Malpractice, Administrative Law, Criminal Defense, Labor & Employment Law, Animal Law
Richard J StaskusAttorney at LawPRACTICE AREA: Admiralty & Maritime Law, Insurance Litigation, Animal Law, Workers Compensation
Kevin P WeisAttorney at LawPRACTICE AREA: Personal Injury, Professional Malpractice, Animal Law
Newsmax“When the business failed, he was forced to declare both professional and personal bankruptcy.” The financial calamity forced his family to apply for food stamps, which was renamed as the Supplemental Nutrition Assistance Program during the Obama ... more »
Lexology (registration)The Bankruptcy Court and District Court concluded that Huntington was a transferee as to the deposits, and found that it could not claim a good faith defense at any time after the breakdown in communication between the security team and relationship ... more »
Miami HeraldWork, Hansen said, became her own personal hell. "It was like she was suffering from PTSD," ... Noranda filed for bankruptcy in February 2016 and idled the plant the following month, with mass layoffs plunging the area into economic turmoil. If jobs ... more »
It's a free online legal dictionary search engine for definitions of legal terminology and legal words, legal abbreviations, and legal jargon you may meet when reading legal acts, law books, documents, legal forms and other legal content