involuntary petition — A petition filed in a court of bankruptcy which seeks an adjudication of bankruptcy against the defendant. 9 Am J2d Bankr § 207 … Ballentine's law dictionary
involuntary adjudication — An adjudication in bankruptcy on an involuntary petition. Bankruptcy Act § 1(2); 11 USC § 1(2). A determination, whether by decree or by operation of law, that a person is a bankrupt. 29 Am J2d Bankr § 264. A determination, whether by decree not… … Ballentine's law dictionary
involuntary case — Creditors of a debtor may petition the court to force the debtor into a bankruptcy proceeding. This may also be referred to as a creditors petition. If the debtor has 12 or more creditors, the petition must be filed by three or more creditors… … Glossary of Bankruptcy
petition — pe·ti·tion 1 n 1: a formal written request made to an official person or body (as a court or board) a petition for equitable relief the creditor filed a petition for involuntary bankruptcy 2: a document embodying a formal written request petition … Law dictionary
involuntary bankruptcy — n: bankruptcy declared upon petition of creditors see also bankruptcy Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. involuntary bankruptcy … Law dictionary
Involuntary commitment — For involuntary treatment in non hospital settings, see involuntary treatment. Involuntary commitment or civil commitment is a legal process through which an individual with symptoms of severe mental illness is court ordered into treatment in a… … Wikipedia
Involuntary Bankruptcy — A legal proceeding in which a person or business is requested to go into bankruptcy by creditors, rather than on the person or business own accord. Creditors seeking involuntary bankruptcy must petition the court to initiate the proceedings, and… … Investment dictionary
petition in insolvency — A petition, voluntary or involuntary, for the adjudication of a person as an insolvent, to the purpose that insolvency proceedings may ensue, wherein such assets as the insolvent has may be distributed according to law. 29 Am J Rev ed Insolv § 14 … Ballentine's law dictionary
creditor's petition — Petition filed against a debtor by one or more creditors. also see involuntary case (Bernstein s Dictionary of Bankruptcy Terminology) United Glossary of Bankruptcy Terms 2012. creditor s petition … Glossary of Bankruptcy
bankruptcy petition — ➔ petition * * * bankruptcy petition UK US noun [C] ► LAW, FINANCE a formal letter to a court asking that a person or company be declared bankrupt: »The latest bankruptcy petition was filed April 14. »Lawyers are considering an involuntary… … Financial and business terms
