Filing Decisions and Effects
This chapter considers generally applicable issues of bankruptcy administration and several threshold issues of a bankruptcy case, including issues of eligibility and where and when to file. We will also briefly touch upon the matter of involuntary bankruptcies, a relative rarity in today’s practice but nevertheless a legitimate alternative under the circumstances delineated in the statute. Also, once a case is filed, certain judicial procedures are immediately implemented, notably the automatic stay. Familiarity with these basics is a must for anyone seeking insight into the operation of bankruptcy law and practice.
2.1 Commencement of the Case
2.1.1 Filing Mechanics and Eligibility Issues ...