Bankruptcy Code
/ˈbæŋkrəptsi koʊd/
Definitions
- (n.) The federal statute governing bankruptcy proceedings in the United States, codified primarily in Title 11 of the United States Code.
The company filed for relief under the Bankruptcy Code to restructure its debts.
Forms
- bankruptcy code
Related terms
See also
Commentary
The term typically refers specifically to U.S. federal law on bankruptcy; referencing the Title 11 codification aids precision.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.