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What is a bankruptcy court?

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Anonymous

16y ago
Updated: 8/17/2019

Bankrutpcy is an entire FEDERAL court system that handles the processing of all BK filings. It has it's own set of judges, even buildings, and is independent of any of the other courts (like tax, or criminal, etc.). All Federal courts are of course entirely independent of State, or County, or City or Town, court systems. Federal is a "higher authority" and handles matters that have Federal jurisdicition...like bankrutpcy. Like most Federal court system, it is divided into different districts, which generally don't have any reason to follow State lines. Each district may have some systems and rules that are special to it, or allow certain defintions of certain things (like what is real estate, or financial limits), that are basically intended to make the system work best for the area it is in.

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Wiki User

16y ago

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