What Law Governs Bankruptcy?
Bankruptcy is governed by Title 11 of the United States Code. In addition, each state has laws relating to bankruptcy.
Other New Bankruptcy Law FAQs
-
Q:
I Know That The Bankruptcy Law Recently Changed – How Does That Effect Me?
A: In response to claims by creditors that the bankruptcy laws were too lenient, Congress amended the existing law in many important ways. For example: … More
