New York Bankruptcy Proceedings Under 28 U.S.C., Section 157 (Proceedings to Set Aside Judgments Non-Core), Sept. 14, 1988, is a set of federal laws that allow debtors to challenge the validity of judgments they have received. This law allows debtors to file motions in bankruptcy court to set aside judgments obtained that are considered to be non-core matters. This includes judgments related to matters such as personal injury, fraud, and defamation. The proceedings also provide debtors with the opportunity to defend themselves against creditors’ claims in order to have their debts discharged. Generally, these proceedings will be heard before a bankruptcy judge who has the authority to determine the merits of the case and decide whether the judgment should be set aside or not. There are two types of proceedings under this law: those in which the judge rules on the merits of the case and those in which the judge reviews the legal sufficiency of the creditor's claims.
New York Bankruptcy Proceedings Under 28 U.S.C., Section 157 (Proceedings to Set Aside Judgments Non-Core), Sept. 14, 1988
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