United States Bankruptcy Code

Author: None
Publisher:
Publish Date: 2004-01-01
Features: The main contents of the U.S. Bankruptcy Code are listed in the following chapters: Chapter 1, Definitions and General Provisions; Chapter 3, Case Management; Chapter 5, Creditors, Bankruptcy Debtors, and the Bankruptcy Estate; Chapter 7, Liquidation; Chapter 9, Adjustment of Municipal Debts; Chapter 11, Reorganization; Chapter 12, Adjustment of Debts of Family Farmers with Regular Income; Chapter 13, Adjustment of Debts of Individuals with Regular Income. The bankruptcy procedures stipulated by the U.S. Bankruptcy Code include Chapter 7 procedures and Chapters 9, 11, 12, and 13 procedures. They are respectively applicable to liquidation cases, cases adjusting municipal debts, "reorganization cases, cases adjusting the debts of family farmers with regular income, and cases adjusting the debts of individuals with regular income. Due to the strict limitations on the scope of application of Chapters 9 and 12 procedures, we are deeply honored and proud to learn that the Chinese edition of Bankruptcy Law of the United States will be available to Chinese readers. We sincerely express our gratitude to Professor Han Changyin and others for their hard work on this endeavor. When lawyers...