Bankruptcy Basics This publication by the Bankruptcy Judges Division of the US Courts provides information to debtors and creditors about the federal bankruptcy laws. It includes a discussion of Chapters 7, 11, 13, 12, 9, and 15 as well as information about liquidation, discharge, reorganization, the process of bankruptcy and other general information about bankruptcy and debts. (This guide is for cases filed on or after October 17, 2005.)