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2. Bankruptcy - Wikipedia

   en.wikipedia.org/wiki/Bankruptcy

   Current law covers three legal proceedings. The first one is bankruptcy itself ("Falência"). Bankruptcy is a court-ordered liquidation procedure for an insolvent business. The final goal of bankruptcy is to liquidate company assets and pay its creditors. The second one is Court-ordered Restructuring (Recuperação Judicial). The goal is to ...

3. Federal Rules of Bankruptcy Procedure - Wikipedia

   en.wikipedia.org/wiki/Federal_Rules_of...

   Among the topics covered by the FRBP are adversary proceedings in bankruptcy, commencement of cases (by filing a voluntary or involuntary bankruptcy petition), how a creditor may file a proof of claim in bankruptcy or a petition for relief from automatic stay, the duties of the debtor, time periods for filing various types of motions, and the ...

4. 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were several short-lived federal bankruptcy laws before the Act of 1898: the Bankruptcy Act of 1800, [3] which was repealed in 1803; the Act of 1841, [4] which was repealed in 1843; and the Act of 1867, [5] which was amended in 1874 [6] and ...

5. Common types of bankruptcy and how to avoid filing - AOL

   www.aol.com/finance/common-types-bankruptcy...

   Key takeaways. There are two common types of bankruptcy: Chapter 7 and Chapter 13. Filing for bankruptcy is a time-consuming process that can take years to stop affecting your finances.

6. Chapter 15, Title 11, United States Code - Wikipedia

   en.wikipedia.org/wiki/Chapter_15,_Title_11...

   The ancillary proceeding permitted under Chapter 15 is often a more efficient and less costly alternative to initiating an independent bankruptcy proceeding in the United States. Chapter 15 also avoids conflicts and establishes mechanisms for cooperation between US and foreign courts and representatives regarding proceedings which involve the ...

7. What Happens to the Stock of a Company That Goes Bankrupt? - AOL

   www.aol.com/happens-stock-company-goes-bankrupt...

   Types of Bankruptcy Proceedings. Chapter 11: In this type of bankruptcy, the company seeks court protection from creditors until it files a financial recovery plan. If the plan is accepted, the ...