Bankruptcy and the Government Shut Down

By admin • April 9th, 2011

Open for business?

What happens if you’re ready to file Bankruptcy and the Government shuts down? Don’t worry; Bankruptcy cases are filed 24 hours a day, seven days a week, 365 days a year. Thanks to the Bankruptcy Court’s electronic case filing system, not even a shutdown would slow down the filing process. Theoretically, that is. The Bankruptcy Court system uses something called CM/ECF which stands for Case Management / Electronic Case Filing. CM/ECF is a fully computerized case filing and record management system. But in the case of a shutdown, what if the system were to go down? There is no way to say with absolute certainty, but it is very likely that the filing process would progress without a glitch.

Additionally, the Courts recently stated that If Congress is unable to agree on the continued funding of government, the Judiciary is prepared to use non-appropriated fees to keep the courts running for up to two weeks.

So, the next question may be, “What happens if the government files for bankruptcy?” Hmmm, now that’s something we hope never to have to answer.

 

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