Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

How is a bankruptcy started?

Bankruptcy STARTED
0
Posted

How is a bankruptcy started?

0

A. In all cases a bankruptcy is started by filing a petition and schedules, which list the assets and debts of the debtor and answer questions about recent transactions with creditors.

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.