Voluntary petitions may be filed to initiate Chapter 7 or Chapter 11, but not Chapter 13, bankruptcies.

Name: Voluntary petitions may be filed to initiate Chapter 7 or Chapter 11, but not Chapter 13, bankruptcies.
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Chapter 13 bankruptcies also allow for voluntary petitions, just like Chapter 7 and Chapter 11 bankruptcies. Individuals can voluntarily file for Chapter 13 bankruptcy to reorganize their debts and create a plan to repay them over time.

Voluntary Petitions May Be Filed to Initiate Chapter 7 or Chapter