Assertion: bankruptcy's creditor | /r/CapableOf | apply for a bankruptcy order
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Source sentences:
text: Bankruptcy process under the BIA Scenario Action Result if a person is insolvent he may make an assignment in bankruptcy the person is declared bankrupt, which will continue until discharge if a person is a debtor that owes at least $1,000 and has committed an act of bankruptcy his creditors may apply for a bankruptcy order to be issued against him if an insolvent person makes a proposal under Division I with respect to creditors and where a default is made in the performance of any provision in a proposal (not waived by the inspectors or creditors) which is not remedied within the prescribed time the court may annul the proposal or where it appears to the court that the proposal cannot continue without injustice or undue delay, or that the approval of the court was obtained by fraud or where the insolvent person is subsequently convicted of an offense under the Act if a consumer debtor makes a proposal under Division II with respect to creditors where a default is made in the performance of any provision in a proposal, there is evidence that the debtor is ineligible to make a proposal, the consumer proposal cannot continue without injustice or undue delay, the approval of the court was obtained by fraud, or the debtor is convicted of an offense under the Act the court may annul the proposal where the debtor is in default for an amount greater than or equal to three payments (where payments are made monthly or more frequently), or (if less frequently) three months after being in default of any payment the proposal is deemed to be annulled