petition for relief

petition for relief
petition for relief
the document that commences a bankruptcy proceeding; the document filed with the court to initiate a bankruptcy proceeding. (Common Bankruptcy Terms)

United Glossary of Bankruptcy Terms 2012.


Glossary of Bankruptcy.

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  • order for relief — The actual court order determining that a debtor is subject to the control of the bankruptcy court. In a voluntary case, the order for relief is automatic upon the filing of the petition. In a contested involuntary case, the order for relief is… …   Glossary of Bankruptcy

  • order for relief — USA The determination that a person or entity is a debtor under the Bankruptcy Code. In a voluntary bankruptcy case, the filing of the bankruptcy petition constitutes an order for relief (§ 301(b), Bankruptcy Code). In an involuntary bankruptcy… …   Law dictionary

  • request for relief — index petition, prayer Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • petition — pe·ti·tion 1 n 1: a formal written request made to an official person or body (as a court or board) a petition for equitable relief the creditor filed a petition for involuntary bankruptcy 2: a document embodying a formal written request petition …   Law dictionary

  • petition — (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… …   Glossary of Bankruptcy

  • written application for relief — index petition Burton s Legal Thesaurus. William C. Burton. 2006 …   Law dictionary

  • petition — I n. 1) to circulate; file, present a petition 2) to grant a petition 3) to withdraw a petition 4) to deny, reject a petition 5) a petition about; against; for II v. 1) (D; intr., tr.) to petition for (to petition for a new trial; they petitioned …   Combinatory dictionary

  • petition — A written address, embodying an application or prayer from the person or persons preferring it, to the power, body, or person to whom it is presented, for the exercise of his or their authority in the redress of some wrong, or the grant of some… …   Black's law dictionary

  • relief — re‧lief [rɪˈliːf] noun 1. [uncountable] when a bad situation is reduced or stops for a time: • Any sign of relief from price pressures will be welcome news for the economy. 2. money, food, clothes etc given to people who are poor or hungry: • a… …   Financial and business terms

  • bankruptcy petition — the document filed with the court to initiate a bankruptcy proceeding (Glossary of Common Bankruptcy Terms) A formal request for the protection of the federal bankruptcy laws. (There is an official form for bankruptcy petitions.)… …   Glossary of Bankruptcy

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