http://www.avvo.com/legal-answers-search/bankruptcy-chapter-11.html Avvo.com - Chapter 11 Legal Guides http://www.avvo.com/legal-guides/ugc/short-year-tax-election When an individual files a bankruptcy under Chapter 7 or Chapter 11 an election to split the tax year is possible under certain circumstances. 26 USC §1398 allows an individual debtor to terminate the tax year as of the day before the bankruptcy was filed. Sat, 08 Aug 2009 14:41:38 PDT http://www.avvo.com/legal-guides/ugc/bankruptcy-court-overview-and-general-explanation-of-bankruptcy-chapters The United States judicial system is divided into state courts and federal courts. State courts decide state law issues, while federal courts deal with limited issues typically federal in nature. Bankruptcy court is a federal court that deals SOLELY with the issue of bankruptcy. Thu, 02 Jul 2009 16:02:03 PDT http://www.avvo.com/legal-guides/bankruptcy-Chapter-11 Chapter 11 bankruptcy is used primarily by businesses and business owners who need relief from creditors. Mon, 14 Sep 2009 15:16:14 PDT