- Instructor: Attorney Bob Schaller
- Lectures: 3
Six Types of Bankruptcy Cases.
The Bankruptcy Code provides six basic types of bankruptcy cases. Each type of bankruptcy case is codified in a distinct “chapter” of the Bankruptcy Code. 11 U.S.C. § 101 et seq. Each type of bankruptcy case is identified by the Bankruptcy Code “chapter” number that contains the substantive bankruptcy law applicable to that respective type of bankruptcy case. For example, the substantive bankruptcy laws relating to a “Chapter 7” bankruptcy case are contained in Chapter 7 of the Bankruptcy Code. 11 U.S.C. § 701 et seq. The substantive laws relating to a “Chapter 13” bankruptcy case are contained in Chapter 13 of the Bankruptcy Code. 11 U.S.C. § 1301 et seq.
This video was produced by the United States Court.
Six Types of Bankruptcy Cases
Tax LawChapter 7 is only one type of bankruptcy case. There are five other types of cases. An understanding of all six types of cases helps new attorneys choose the correct type of case for their clients.