Assertion: bankruptcy's creditor | /r/CapableOf | file petition
Facets:
value: with the bankruptcy court
type: OTHER
value: against a debtor
type: TRANSITIVE-OBJECT
Source sentences:
text: If the creditors (people or entities to whom the money is owed) file a petition against a debtor to start the bankruptcy, it is an involuntary bankruptcy.
text: Filing can be done voluntarily, or it can be forced on a business if three or more creditors file a petition with the bankruptcy court.
text: Note that bankruptcy proceedings can be initiated by unsecured creditors—a creditor may file a petition to place a debtor into bankruptcy if it is owed more than $1,000 and the debtor has recently committed acts of bankruptcy, such as failing to pay liabilities, committing acts of payment fraud, avoiding creditors, secretly disposing or hiding assets, etc.