voluntary petition
A petition filed with a bankruptcy court by a debtor seeking protection from creditors. — Also termed debtor’s petition. [Cases: Bankruptcy 2257. C.J.S. Bankruptcy § 51.]
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A petition filed with a bankruptcy court by a debtor seeking protection from creditors. — Also termed debtor’s petition. [Cases: Bankruptcy 2257. C.J.S. Bankruptcy § 51.]
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A petition filed in a bankruptcy court by a creditor seeking to declare a debtor bankrupt. • This type of petition may be filed only under Chapter 7 or Chapter 11 of the Bankruptcy Code. [Cases: Bankruptcy 2290. C.J.S. Bankruptcy § 57.]
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involuntary petition 强制性宣告破产的申请 指不是由被告本人向破产法院提出的、旨在获得宣告被告破产的判决的申请。
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Bankruptcy. A claim that accrues in the ordinary course of business after an involuntary bankruptcy petition has been filed but before the order for relief or the appointment of a trustee. • The Bankruptcy Code gives priority to creditors with claims of this type to encourage creditors to continue dealing with a debtor until the
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petition, n. 1. A formal written request presented to a court or other official body. certiorari petition. A petition seeking discretionary review from an appellate court. See CERTIORARI. debtor’s petition. See voluntary petition. involuntary petition. A petition filed in a bankruptcy court by a creditor seeking to declare a debtor bankrupt. • This type of
petition in bankruptcy. A formal written request, presented to a bankruptcy court, seeking protection for an insolvent debtor. • The debtor (in a voluntary bankruptcy) or the debtor’s creditors (in an involuntary bankruptcy) can file such a petition to initiate a bankruptcy proceeding. [Cases: Bankruptcy 2257, 2290. C.J.S. Bankruptcy §§ 51, 57.]
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automatic stay 〈美〉自动中止 指根据《破产法典》〔Bankruptcy Code〕提出自愿破产申请〔voluntary petition〕后,所有要求债务人或以债务人的破产财产还债的司法或非司法的行为或程序均立即中止。自动中止无需法院签署任何命令,只需向法院书记官提出破产申请并附有支持其申请的文件即可。确立自动中止制度的目的是为了在确定债权人的权利及管理债务人的财产期间不受债权人的干扰。
debtor n. 债务人 与债权人〔creditor〕相对。一般指对他人负有金钱支付义务的人。在破产法中,指提出自愿破产申请〔voluntary petition〕的人或被他人提起非自愿破产申请〔involuntary petition〕的人,有时亦称破产人〔bankrupt〕。在担保交易中,指对账债、动产文书或一般无体财产承担义务的人。 (→debt)
bankruptcy case. A proceeding commenced by filing a voluntary or involuntary petition under a bankruptcy statute. See BANKRUPTCY(1).