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Tag Archives: bankruptcy law

When to Consider Bankruptcy

When to Consider Bankruptcy The main factor that signals whether or not to consider bankruptcy is insurmountable debt. No matter how people try, when they cannot get out from under debt and their situation keeps worsening, bankruptcy may be the right financial remedy. Signs that bankruptcy may be the answer Chapter 7 bankruptcy attorneys in […]

Is Bankruptcy Overseen by Federal or State Courts?

Is Bankruptcy Overseen by Federal or State Courts? Federal courts have exclusive jurisdiction over bankruptcies. People file bankruptcy with the U.S. Bankruptcy Courts, which are units under the Federal District Court system that oversees bankruptcies. Constitutional authority over bankruptcy The United States district court system comprises 94 federal judicial districts, with each state having at […]