BankruptcyCode
The Bankruptcy Code refers to the federal laws and regulations that govern the process of filing for bankruptcy in the United States. It outlines the procedures and requirements for individuals and businesses seeking protection from creditors and a fresh start financially. The code includes various chapters that outline different types of bankruptcy, such as Chapter 7, Chapter 11, and Chapter 13, each with its own rules and guidelines. The Bankruptcy Code also addresses the rights of creditors, the responsibilities of debtors, and the role of the bankruptcy court in overseeing the process.