Bankruptcy Code

Bankruptcy is a legal declaration that allows some debtors to discharge their unsecured debts. The text of this statute is provided as general information to the public. It may be amended, revised, or rescinded at any time without notice. This information is not intended to be legal advice. For more information, please see our disclaimer.

11 U.S.C. § 1165. Protection of the public interest

In applying sections 1166, 1167, 1169, 1170, 1171, 1172, 1173, and 1174 of this title [11 USCS §§ 1166, 1167, 1170, 1171, 1172, 1173, and 1174], the court and the trustee shall consider the public interest in addition to the interests of the debtor, creditors, and equity security holders.