What is the Authority of the Bankruptcy Court

The video explains the role and function of bankruptcy courts, which are Article 1 courts under the executive branch. These courts, led by a single bankruptcy judge, handle reorganization and liquidation plans, and resolve disputes arising from the bankruptcy process. The focus is primarily on business bankruptcies, especially when a debtor in possession uses estate assets for continued operations. Most procedural affairs for individual bankruptcies occur outside the court.

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