7 CFR Part 380 – Rules of Practice Governing Proceedings Under Certain Acts
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Subpart A | General |
Subpart B | Supplemental Rules of Practice |
Terms Used In 7 CFR Part 380 - Rules of Practice Governing Proceedings Under Certain Acts
- Bankruptcy: Refers to statutes and judicial proceedings involving persons or businesses that cannot pay their debts and seek the assistance of the court in getting a fresh start. Under the protection of the bankruptcy court, debtors may discharge their debts, perhaps by paying a portion of each debt. Bankruptcy judges preside over these proceedings.