This is a short but thorough summary of consumer bankruptcy law as said by chapter 7 trustee wes avery professor hayes explains very nicely the technical and complex language of the bankruptcy code and rules in plain english the book is intended to be a practical but sufficiently theoretical guide to the nuts and bolts of bankruptcy. Federal bankruptcy laws are intended to allow debtors a way out of particularly heavy debts giving consumers and businesses a fresh start where all other options have failed a 1934 us supreme court decision described bankruptcys role as follows. This is a short summary of bankruptcy and how it works it summarizes the three main chapters chapter 7 13 and 11 bankruptcy code sections are referenced throughout the book as are the federal rules of bankruptcy procedure footnotes are generally supreme court cases or 9th circuit cases where state law is relevant california law is cited. Bankruptcy overview bankruptcy laws help people who can no longer pay their creditors get a fresh start once a debtor files for bankruptcy creditors are prohibited to take any action against the debtor unless they first appear in bankruptcy court and file a motion with the bankruptcy court therefore once a debtor files for bankruptcy a