Individuals, spouses, corporations and other entities file bankruptcy in situations where they can no longer pay their debts. The bankruptcy process involves liquidating assets to pay outstanding debts, and/or creating a repayment plan.
Bankruptcy is covered under federal law and handled in the U.S. Bankruptcy Courts. A bankruptcy filing generally begins when an individual, spouses together, corporation, municipality or other entity files a petition with bankruptcy court. Federal bankruptcy laws provide several different chapters under which bankruptcy can be filed.
Montana law may overlap with bankruptcy laws in circumstances related to exempting certain types of property from creditors’ claims, and/or when a homestead declaration has been filed to protect a debtor’s homestead up to a certain value.
U.S. Code, Title 11 Bankruptcy
Federal Rules of Bankruptcy Procedure from USC Title 11, Bankruptcy—Appendix
U.S. Bankruptcy Court, District of Montana, Rules
Means Testing Information (for versions of Bankruptcy Forms 122)
Using a Homestead Declaration to Protect Your Home from Creditors from MSU Extension
Filing Bankruptcy Without an Attorney from United States Courts (www.uscourts.gov)
Bankruptcy Basics from United States Courts
Unable to Pay Debts/Learn About Bankruptcy from MontanaLawHelp.org
LawHelp Interactive for Chapter 7 Bankruptcy in Montana from probono.net
Bankruptcy Appellate Panel for the Ninth Circuit
Bankruptcy from Nolo.com
Bankruptcy Forms from Upsolve.org
Bankruptcy Learning Center from Upsolve.org