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Business LibreTexts

13.1: Introduction- Bankruptcy

  • Page ID
    11265
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    • Anonymous by request

    Learning Objectives

    After reading this chapter, you should understand the following:

    • A short history of US bankruptcy law
    • An overview of key provisions of the 2005 bankruptcy act
    • The basic operation of Chapter 7 bankruptcy
    • The basic operation of Chapter 11 bankruptcy
    • The basic operation of Chapter 13 bankruptcy
    • What debtor’s relief is available outside of bankruptcy