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2. Chapter 9, Title 11, United States Code - Wikipedia

   en.wikipedia.org/wiki/Chapter_9,_Title_11...

   On July 18, 2013, Detroit, Michigan became the largest city in the history of the United States to file for Chapter 9 bankruptcy protection. Jefferson County, Alabama , in 2011, and Orange County, California , in 1994, are also notable examples.

3. Detroit bankruptcy - Wikipedia

   en.wikipedia.org/wiki/Detroit_bankruptcy

   Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]

4. 7 Key Signs Bankruptcy Is Not a Bad Thing for You - AOL

   www.aol.com/finance/7-key-signs-bankruptcy-not...

   Here are the key types of bankruptcy, Barna explained: Chapter 7 bankruptcy: Chapter 7 involves the liquidation of a debtor’s assets. Individuals who cannot pay their debts and have no prospect ...

5. Thinking About Filing for Bankruptcy? It’s Worth Considering ...

   www.aol.com/finance/thinking-filing-bankruptcy...

   This is because filing for bankruptcy costs money, and if you have a smaller debt, it may not be worth the effort and fees. Most bankruptcy lawyers won’t take on your case unless you have at ...

6. When should I file for bankruptcy? - AOL

   www.aol.com/finance/file-bankruptcy-011643245.html

   Filing for bankruptcy should be a last resort, but it can help. Chapter 7 requires a means test but will eliminate most of your debt, and you may see a rebound in your credit score in just a few ...

7. Bankruptcy in the United States - Wikipedia

   en.wikipedia.org/wiki/Bankruptcy_in_the_United...

   Originally, bankruptcy in the United States, as nearly all matters directly concerning individual citizens, was a subject of state law. However, there were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...