Bankruptcy is federal law. The U.S. Constitution has said so from the beginning. Find the Bankruptcy Code in Title 11 of the U.S. Code.
This Thanksgiving, even in the midst of scary personal financial pressures, there is much to be thankful for.
The U.S. Constitution makes bankruptcy a federal procedure. So why is the amount of assets you can protect different in each state?
Bankruptcy empowers you with options, including “straight bankruptcy” vs. an “adjustment of debts,” and options about creditors in each.
One woman’s trip through the bankruptcy appeals process, with a total of 21 judges or justices giving her more than her day in court.
Our nation has a legal system that, in spite of its flaws, is generally transparent, rational, fair, and respected. Happy Birthday, U.S.A.!
Some debtors can, but others cannot, choose between the federal and state exemptions. That’s because of a major political compromise.
Don’t take for granted how quickly and thoroughly filing bankruptcy protects you, your money, and everything else you own.
When you start looking into bankruptcy, you hear about different “Chapters” and “code sections.” They are all part of the Bankruptcy Code.
The Federalist Papers are a key source for understanding the intentions of the drafters of the Constitution. What do these essays say about the Bankruptcy Clause?