In a ____, creditors file a petition with the court, forcing the declaration of bankruptcy and the beginning of proceedings.

Name: In a ____, creditors file a petition with the court, forcing the declaration of bankruptcy and the beginning of proceedings.
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Question

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In a situation where creditors file a petition with the court to force the declaration of bankruptcy, it is referred to as an "involuntary bankruptcy," which is not listed among the provided options. Therefore, none of the given choices are correct.

In a ____, Creditors File a Petition with the Court