Federal Rules of Bankruptcy Procedure Law and Legal Definition
The Federal Rules of Bankruptcy Procedure are rules that outline the procedural laws used in bankruptcy proceedings. Each court district or each bankruptcy judge may have individual rules. These govern the procedure in cases under Title 11 of the United States Code. These rules are construed to secure the just, speedy, and inexpensive determination of case and proceeding.
The Federal Rules of Bankruptcy Procedure (abbreviated Fed. R. Bankr. P. or FRBP) are promulgated by the Supreme Court of the United States as counterpart to the Federal Rules of Civil Procedure.
The rules cover adversary proceedings in bankruptcy, commencement of cases, filing of a petition for relief from automatic stay, the duties of the debtor, time periods for filing various types of motions, and the procedures for appealing to the United States District Court or the Bankruptcy Appellate Panel for the debtor's judicial circuit.
Legal Definition list
- Federal Rules of Appellate Procedures (FRAP)
- Federal Rules Decisions [F.R.D]
- Federal Retirement Thrift Investment Board
- Federal Retirement Account [Education]
- Federal Reserve System
- Federal Rules of Bankruptcy Procedure
- Federal Rules of Civil Procedure
- Federal Rules of Criminal Procedure
- Federal Rules of Evidence [FRE]
- Federal Savings and Loan Insurance Corporation
- Federal Savings and Loan Insurance Corporation Resolution Fund