nounU.S.an application by creditors to have a person or corporation made bankrupt(NoteThe UK term is compulsory winding up.)
Related information about involuntary bankruptcy:
- Forced Into Bankruptcy: The Involuntary Bankruptcy Process ...
May 24, 2012 ... When a company is facing financial distress, the question often comes up whether creditors can "force" the company into bankruptcy. Although.
- Involuntary Bankruptcy: the Pros and Cons - Credit-to-Cash Advisor ...
Feb 24, 2012 ... Involuntary bankruptcy -- be sure you understand the legal requirements and responsibilities involved before filing against a delinquent debtor.
- Facing Involuntary Bankruptcy - Lawyers.com
Sometimes creditors make the decision that bankruptcy is the solution to a debtor's problems, and file an involuntary bankruptcy petition.
- The Risks of a Single Creditor Involuntary Bankruptcy Petition; Tread ...
The requirements for an involuntary bankruptcy filing, contained in Bankruptcy ... join in the filing of the involuntary bankruptcy petition. Where the debtor has ...
- Tucker: Involuntary Bankruptcy Just Not That Difficult For Creditors ...
Nov 6, 2011 ... In re Tucker, 2011 WL 5192801 (N.D.W.Va., Slip Copy, Oct. 31, 2011). Tucker operated a video lottery business and himself organized as an ...
- Involuntary Bankruptcy | Nolo.com
One of the ways bankruptcy law protects creditors is by permitting involuntary bankruptcies. An involuntary bankruptcy is one that is filed by creditors and not by ...
- What Is Involuntary Bankruptcy?
Involuntary bankruptcy occurs when a person or business owes money to creditors, and those creditors request that the debtor file bankruptcy. The creditors ...
- Involuntary Bankruptcy - Financial Dictionary - The Free Dictionary
The process where creditors petition the court to begin bankruptcy proceedings on a debtor. Also see Voluntary bankruptcy.