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The federal government and the state

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What is the congress role in bankruptcy?

The United States Congress has the authority to establish the laws and regulations governing bankruptcy through the Bankruptcy Code. Congress shapes the bankruptcy laws, including eligibility criteria, debt discharge rules, and the procedures for filing and resolving bankruptcy cases. Additionally, Congress provides oversight of the bankruptcy system, regularly reviewing and amending bankruptcy laws as necessary.


Where can you find information about corporate bankruptcy laws?

Does corporate bankruptcy affect personal credit?


In US bankruptcy laws are regulated by?

In the USA the bankruptcy law is regulated by the Federal governs.


In the US bankruptcy laws are regulated by .?

In the USA the bankruptcy law is regulated by the Federal governs.


In the US bankruptcy laws are regulated by what?

In the USA the bankruptcy law is regulated by the Federal governs.


What qualifies you to declare bankruptcy?

There are General Federal Laws that govern Bankruptcy. Each state may have additional laws regarding bankruptcy. So Is Best to consult an attorney or financial adviser in your state.


Which agency is responsible for regulating the state boating laws in Iowa?

The Iowa Department of Natural Resources is responsible for regulating the state boating laws in Iowa.


Who make laws governing bankruptcy?

The Congress.


Has the state of Michigan ever filed for bankruptcy?

No. No state has ever filed for bankruptcy. States are not coverd by current U.S. bankruptcy laws.


Does the constitution prohibit a state from declaring bankruptcy?

No, the only mention of bankruptcy is that Congress shall have the power to enforce uniform bankruptcy laws.


Which agency is responsible for regulating the state boating laws in Florida?

The Florida Fish and Wildlife Conservation Commission (FWC) is responsible for regulating the state boating laws.