Bankruptcy chapter

There are six types of bankruptcy under the Bankruptcy Code, located at Title 11 of the United States Code:

* Chapter 7 (a liquidation-style case for individuals or businesses),
* Chapter 9 (Municipal bankruptcy)
* Chapter 11 (a more complex rehabilitation-style case used primarily by business debtors, but sometimes by individuals with substantial debts and assets)
* Chapter 12 (a payment plan or rehabilitation-style case for family farmers and fishermen)
* Chapter 13 (a payment plan or rehabilitation-style case for individuals with a regular source of income)
* Chapter 15 (ancillary and other cross-border cases)

The most common types of personal bankruptcy for individuals are Chapter 7 and Chapter 13.