A bankruptcy petition filed by a debtor’s creditors against the debtor, forcing the debtor into bankruptcy on an involuntary basis.
Bankruptcy Code § 303. See also Involuntary Case, Voluntary Bankruptcy Petition.
New Terms
A bankruptcy petition filed by a debtor’s creditors against the debtor, forcing the debtor into bankruptcy on an involuntary basis.
Bankruptcy Code § 303. See also Involuntary Case, Voluntary Bankruptcy Petition.