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United States Bankruptcy Court District of Puerto Rico IN RE: RJ WAREHOUSE DISTRIBUTORS INC Debtor(s) Case No. Chapter 11 DISCLOSURE OF COMPENSATION OF ATTORNEY FOR DEBTOR 1. Pursuant to 11 U.S.C.
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United States bankruptcy court is a federal court that deals with bankruptcy cases. It has jurisdiction over all bankruptcy matters, including the filing of bankruptcy petitions, liquidation of assets, and reorganization of debts.
Individuals, corporations, and partnerships that are unable to pay their debts and seek protection under bankruptcy laws are required to file with the United States bankruptcy court.
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The purpose of the United States bankruptcy court is to provide a legal process for individuals and businesses to eliminate or repay their debts under the protection and supervision of the court. It aims to help debtors get a fresh start financially while treating creditors fairly.
The United States bankruptcy court requires the reporting of various information, including the debtor's personal information, assets, liabilities, income, expenses, creditor claims, and details of any previous bankruptcy filings.
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