Bankruptcy law can be difficult to understand, but a little research may make you feel more comfortable with the common terms and the process. A bankruptcy lawyer can answer any questions about your case, but these links will offer helpful information.
- The Federal Trade Commission provides information about credit counseling and debtor education, two of the requirements for completing bankruptcy.
- The Administrative Office of the United States Courts publishes annual bankruptcy statistics. These statistics include information about the number of cases filed, the average length of time for cases to resolve, and the percentage of each chapter filed.
- Bankruptcy is governed by federal law and handled by the federal court system. The United States Courts website posts information about bankruptcy, including what it means for your debt to be discharged.
- Would you like to learn more about unsecured debt? This site provides a handy definition.
- This link to the Department of Justice website explains the Bankruptcy Abuse Prevention and Consumer Protection Act of 2005.
- This PDF was published to explain the bankruptcy overhaul completed in 2005.
- Student loans are one type of unsecured debt that are rarely discharged through bankruptcy. This Huffington Post article discusses the issue.
- The United States House of Representatives posts the U.S. Code online. Visit this site to read any provision of the Bankruptcy Code.
- This link will take you to the U.S. Bankruptcy Court for the Northern District of Illinois.