Bankruptcy is a federal, court-supervised procedure to provide relief from debts. Bankruptcy is governed mainly by the Bankruptcy Code, which is found at Title 11 of the United States Code [Cornell]. Broadly speaking, Chapters 1, 3 and 5 of the Bankruptcy Code apply to all types of bankruptcy. Chapters 7, 11 and 13.
Chapter 7 Bankruptcy allows individuals to protect a substantial amount of equity while eliminating debt. With this form of bankruptcy, also known as "Liquidation Bankruptcy", our clients can retain the following equity:
Chapter 13 Bankruptcy allows individuals with a reliable income to repay most or all of their debt. Also known as "Wage Earner Bankruptcy", this form of bankruptcy gives individuals the chance to rehabilitate credit.
Basic bankruptcy law for paralegals
Aspen Series: Wolters Kluwer Law & Business, c 2014
The following is a lit of some titles Cuyamaca Library has in print. Be aware, however, that the official bankruptcy forms change and the forms in the book may NOT be current