Editors Picks
Are bankruptcy laws the same in every state?
Bankruptcy is a system of federal law, so the procedures and rules governing bankruptcy are nearly identical in every...
Who created the bankruptcy law?
Following the ratification of the United States Constitution in 1789, Congress was granted the power, under Article I,...
Is bankruptcy mentioned in the us constitution?
Article I, section 8, of the United States Constitution authorizes Congress to enact uniform laws on the subject of...
Are bankruptcy laws changing?
The Bankruptcy Code requires that dollar amounts and limitations be adjusted every three years to take into account....
How often are chapter 7 bankruptcies denied?
Frequency of Denial While some Chapter 7 bankruptcy cases are expelled from court before being discharged, statistics...
When was the bankruptcy act passed?
Article I of the Constitution of the United States, sec. Uniform laws on the subject of bankruptcy in the United States.