Involuntary Bankruptcy

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Involuntary bankruptcy

The process where creditors petition the court to begin bankruptcy proceedings on a debtor. Also see Voluntary bankruptcy.

A situation in which a creditor may force a debtor into bankruptcy. A creditor may file for involuntary bankruptcy if the debtor has become severely and consistently delinquent or if a custodian has been appointed for the debtor in the previous six months. After the petition is filed, the debtor usually has 20 days in which to contest it. If the debtor objects to involuntary bankruptcy, he/she must show either that payments are not as delinquent as claimed or that he/she is taking steps to restore solvency. If the debtor does not show this, the bankruptcy court can force liquidation to repay the creditor(s).

involuntary bankruptcy

Bankruptcy that is forced by creditors instead of being initiated by the firm or individual. Compare voluntary bankruptcy. See also Chapter 7, Chapter 11.

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Quiebra involuntaria Voluntary Bankruptcy			Real estate transactions were among the many aspects of commerce and law thrown into disarray after the Rothstein Rosenfeldt Adler law firm in Fort Lauderdale was hit with an involuntary bankruptcy filing late yesterday. Law firm's tumble may have been prompted by suspicious real estate ... by The Real Deal Byline: ANI New York, May 25 (ANI): Acclaimed photographer Annie Leibovitz might be earning a lot of money from Vanity Fair and corporate work, but she is still being threatened with involuntary bankruptcy after not settling an overdue debt with a lighting company. Annie Leibovitz may face bankruptcy petition by Asian News International But one of his companies, Riley Investment Management, also is a creditor of Country Coach's, and it was in his role as a creditor that he filed the involuntary bankruptcy petition. RV makers enter Chapter 11 by The Register-Guard (Eugene, OR)			Investment Tax Credit Investment Trust Investment Turnover Investment Valuation Model investment value Investment Vehicle Investment-Grade Investment-Grade Bonds investment-grade property Investments investor Investor and Capital Markets Fee Relief Act Investor fallout Investor Relations Investor's Equity Investors service bureau Invisible Balance Invisible Hand Invisible Supply Invisible Trade Invoice Invoice Billing Invoice Date Invoice Price involuntary alienation Involuntary Bankruptcy involuntary conversion involuntary lien Involuntary liquidation preference Involuntary Unemployment IO IOC Order IOM IOSCO Iperinflazione IPL IPO IPO Lock-Up IPO Spinning Ipoteca a tasso variabile Ipoteca ad annualita inversa Ipoteca aeronautica Ipoteca aperta Ipoteca di pagamento flessibile Ipoteca limitada Ipoteca multipla IQ IQD IR IRA IRA Adoption Agreement and Plan Document			Involucred involucres involucres Involucret involucrin involucrum involucrum involucrum involucrum involuntarily involuntarily involuntarily involuntarily Involuntarily Celibate involuntariness involuntariness involuntariness involuntariness Involuntarism Involuntarism Involuntarist Involuntarist involuntary involuntary involuntary involuntary involuntary involuntary alienation Involuntary Asset Growth Involuntary Bankruptcies Involuntary Bankruptcy Involuntary commitment Involuntary commitment Involuntary commitment Involuntary Confession Involuntary Conversion involuntary culling involuntary culling involuntary culling involuntary culling Involuntary Detrusor Contractions Involuntary Deviate Sexual Intercourse Involuntary Emergency Admission Involuntary Emotional Expression Disorder Involuntary Euthanasia Involuntary Euthanasia Involuntary Euthanasia Involuntary Euthanasia involuntary exile involuntary fiber Involuntary Foreign Service Tour Extension involuntary hospitalization involuntary infertility involuntary lien Involuntary Liens involuntary liquidation Involuntary liquidation preference involuntary loss of right Involuntary manslaughter Involuntary manslaughter Involuntary manslaughter

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