The Steamboat Co.is Charlie's sole creditor.He owes them $6500 from his sign painting business.In order to obtain a receiving order,Steamboat must
A) comply with all formalities required by the federal Bank Act.
B) make sure the debtor has committed an act of bankruptcy within the previous six months.
C) file a petition with the court in the creditor's judicial district.
D) provide the court with the name of the appointed trustee.
E) prove the facts alleged by any other petitioning creditor.
Correct Answer:
Verified
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