Search results
Results from the WOW.Com Content Network
PACER (law) PACER ( acronym for Public Access to Court Electronic Records) is an electronic public access service for United States federal court documents. It allows authorized users to obtain case and docket information from the United States district courts, United States courts of appeals, and United States bankruptcy courts.
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. Use ...
Chapter 7 bankruptcy is the quicker option, but it involves more sacrifice. While it is usually completed or discharged in four to six months, you will have to sell all nonexempt assets. To ...
However, a standard guideline is that $10,000 or more in debt is enough to consider filing. This is because filing for bankruptcy costs money, and if you have a smaller debt, it may not be worth ...
United States bankruptcy courts are courts created under Article I of the United States Constitution. [ 1] The current system of bankruptcy courts was created by the United States Congress in 1978, effective April 1, 1984. [ 2] United States bankruptcy courts function as units of the district courts and have subject-matter jurisdiction over ...
Personal bankruptcy. Personal bankruptcy law allows, in certain jurisdictions, an individual to be declared bankrupt. Virtually every country with a modern legal system features some form of debt relief for individuals. Personal bankruptcy is distinguished from corporate bankruptcy.
The history of bankruptcy law in the United States refers primarily to a series of acts of Congress regarding the nature of bankruptcy. As the legal regime for bankruptcy in the United States developed, it moved from a system which viewed bankruptcy as a quasi-criminal act, to one focused on solving and repaying debts for people and businesses ...
Decide if you will file for Chapter 7 or Chapter 13 bankruptcy. You’ll need to choose between Chapter 7 or Chapter 13 bankruptcy, which have different rules regarding which assets you keep and ...