United States Bankruptcy Court

Bankruptcy cases in the United States are under the exclusive jurisdiction of Federal Courts. State Courts in the United Stated do not handle bankruptcy cases. United States bankruptcy court in 94 federal judicial districts in the United States handles all bankruptcy related filings. The majority of bankruptcy cases filed in the country is held under the supervision of a United States bankruptcy judge. The decision of the bankruptcy judge is final in most matters. In some cases if the party feels that there is a need for review, then the party can appeal to a district judge. Then the decision of the district judge would be final.

United States district judges are confirmed by the Senate or appointed by the President of the United States of America for life. Whereas bankruptcy judges are appointed for a fourteen year term. This is done by a judicial conference for the federal judicial circuit.

Excluding holidays and weekends, bankruptcy courts function nearly 250 days a year. Approximately 9000 cases are filed in bankruptcy courts every single day the court functions. Some bankruptcy cases are filed outside the United States. These are mostly in Puerto Rico, U.S. Virgin Islands and Guam. Numerous notices are sent to creditors and interested parties every single working day. Millions of dollars in fees are paid every day to attorneys. Millions are paid as court filing fees each day. Attorneys who handle business bankruptcies get paid huge amounts as fees. In short bankruptcy courts are a busy place where millions change hands. And the reason for that is people want to start a new financial life.