What I Involuntary Bankruptcy? (Legal Guide)

An involuntary bankruptcy has several steps. Each filing creditor must prove that their claim is not subject to a bona fide dispute. If the debtor can allege any legitimate defense, whether or not the defense is meritorious, the debtor can disqualify the claim as a basis for involuntary bankruptcy. Second, the debtor must be shown to be not paying their non-disputed debts as they become due.
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