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Bankruptcy petitionA formal request for the protection of the federal bankruptcy laws. (There is an official form for bankruptcy petitions.)
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Bankruptcy petitionThe document filed in Bankruptcy Court that details the assets and liabilities of the debtor.
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Bankruptcy petitionA Bankruptcy Petition is the formal document, usually issued by the debtor himself/herself or by a creditor, which is submitted to the court. In a voluntary case, the debtor files the bankruptcy petit [..]
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Bankruptcy petitionA formal request for the protection of the federal bankruptcy laws. (There is an official form for bankruptcy petitions.)
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Bankruptcy petitionA Debtor himself or a Creditor can petition for a debtor to be made bankrupt if the debtor passes various insolvency tests that main one being that the creditor is owed more than £750.
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