When a debtor has no assets, creditors are notified of the debtor's petition for bankruptcy but are instructed not to file a claim.

Name: When a debtor has no assets, creditors are notified of the debtor's petition for bankruptcy but are instructed not to file a claim.
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When a debtor has no assets, it is known as a "no-asset" case. Creditors are still notified of the debtor's petition for bankruptcy, but they are instructed not to file a claim because there are no assets to distribute.

When a Debtor Has No Assets, Creditors Are Notified of the Debtor's