DiTocco Law Group, PLLC

Broward County954-566-9000
Palm Beach County561-487-0200
Miami-Dade County305-444-8660
Indian River County 772-564-1321

Broward County
954-566-9000
Palm Beach County
561-487-0200
Miami-Dade County
305-444-8660
Indian River County
772-564-1321
Your Road To A Better Future

Bankruptcy FAQs Bankruptcy Courts

What Is Bankruptcy?

Bankruptcy is a process under U.S. federal law whereby individuals and businesses receive the opportunity to reorganize and/or discharge their debts and to have a fresh start. Generally speaking, the filing party agrees to give up some or all of their nonexempt assets in exchange for the court discharging some or all of the debtor’s nonexempt debt.

Is Bankruptcy A Federal Or State Process?

The Bankruptcy Court is a division of the federal court system, and the general rules governing the court are federal law. However, the specific rules relating to exemptions are governed by state laws, which vary from state to state.

Where Is South Florida’s Bankruptcy Court?

South Florida has three Bankruptcy Courts:

  • Miami Federal Courthouse (51 SW 1st Avenue, Miami, FL 33130), which services Miami-Dade and Monroe counties
  • Fort Lauderdale Federal Courthouse (299 E. Broward Blvd., Fort Lauderdale, FL 33301), which services Broward County
  • Palm Beach Federal Courthouse (1515 N. Flagler Drive, West Palm Beach, FL 33401), which services Palm Beach, Martin, St. Lucie and Indian River counties