Course Category: Petition

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BK 101: Chapter 7 Petition

Chapter 7 Petition. Every individual debtor seeking Chapter 7 bankruptcy relief commences a case by filing a “petition.”  11 U.S.C. § 301.  But what constitutes a petition?  Unlike the U.S. district courts that giver great latitude to drafters of a civil complaint, the U.S. bankruptcy courts do not give similar latitude…