- petition
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(or bankruptcy petition or petition for relief) - the document that commences a bankruptcy proceeding (Glossary of Common Bankruptcy Terms)The document used to begin a bankruptcy case.See order for relief (Bernstein's Dictionary of Bankruptcy Terminology)(= application for a bankruptcy order) (Dictionary of Canadian Bankruptcy Terms)The application made under the Bankruptcy and insolvency Act for the Court to hand down a Receiving Order (Bankruptcy Order) stating the person is in bankruptcy. In an amendment dated December 15, 2004 this term was changed to Application for a Bankruptcy Order. (Dictionary of Canadian Bankruptcy Terms)the document that commences a bankruptcy proceeding; the document filed with the court to initiate a bankruptcy proceeding. (Common Bankruptcy Terms)Under Title 11 U.S.C. Section 101:(42) The term "petition" means petition filed under section 301, 302, 303, or 304 (2) of this title, as the case may be, commencing a case under this title.The pleading which initiates the bankruptcy process (SA-Bankruptcy.com)The document that initiates a bankruptcy case. The filing of the petition constitutes an order for relief and institutes the automatic stay. Events are frequently described as "prepetition", happening before the bankruptcy petition was filed, and "post petition", after the bankruptcy was initiated. (Bankruptcy in Brief)
United Glossary of Bankruptcy Terms 2012.
Glossary of Bankruptcy.