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Simple English definitions for legal terms

debtor's petition

Read a random definition: carrier's lien

A quick definition of debtor's petition:

A debtor's petition is a formal written request that a person who owes money to others can make to a court. This request asks for protection from creditors, meaning that the person cannot be forced to pay back their debts right away. This type of petition is also called a voluntary petition. It is different from an involuntary petition, which is filed by a creditor who wants to declare the debtor bankrupt.

A more thorough explanation:

A debtor's petition is a formal written request presented to a bankruptcy court by a debtor seeking protection from creditors. It is also known as a voluntary petition.

For example, if someone is struggling to pay off their debts and wants to file for bankruptcy, they can submit a debtor's petition to the court. This petition will allow them to receive protection from their creditors and work towards resolving their financial situation.

It is important to note that a debtor's petition can only be filed under Chapter 7 or Chapter 11 of the Bankruptcy Code.

debtor's examination | debtor's property

General

General chat about the legal profession.

General >T14 Off Topic

👍 Chat vibe: 0 👎

JumpySubsequentDolphin

11:16

I told my family I won’t get any decisions until 2025 so they wouldn’t bombard me hahah

TheAdoptedOne

11:16

no i think there should be a Law School combine with all new drills except there is still the 40 yard dash

TheAdoptedOne

11:16

and a sub 4.5 gets you into any t14

TheAdoptedOne

11:16

LSAT can be one of the drills

letsseehowitgoesnow

11:17

so washu only called one person

ClockworkBlue

11:17

So all the D1 athletes will get into a T-14. What else is new?

BytchiestBunny

11:17

@TheAdoptedOne: that is called "Dean Poker Night" lol

TheAdoptedOne

11:18

@ClockworkBlue: I feel like most people could train for the 40 for the same amount of time as they do the LSAT and get close to sub 5 which would be equivalent to a 167+

TheAdoptedOne

11:18

this is like the schizophrenic posts JJK tik tok be putting out

TheAdoptedOne

11:19

powerscaling Law School deans up next

limpweeny

11:19

Election Day election day

TheAdoptedOne

11:19

Write in Dean Z vote

limpweeny

11:20

Saw a guy that wrote in Biden and he said no retirement for you buddy

1a2b3c4d26z

11:20

@ClockworkBlue: god I hope that's true

TheAdoptedOne

11:20

if the country was run the same as Mich Law it would be a better place

ClockworkBlue

11:21

Imagine if election night was run by an adcom? Like, "yep, we could get the results Friday, or June 2025."

TheAdoptedOne

11:21

imagine if it was like Berkley applications

1a2b3c4d26z

11:22

Election status: Complete

1a2b3c4d26z

11:22

For months

triplethread

11:23

erection day

TheAdoptedOne

11:23

https://www.reddit.com/r/lawschooladmissions/comments/1gixhib/berkeleys_application_is_snobby_af/

soapy

11:23

Shoutout to Robinhood's election bet not resolving until January

triplethread

11:23

is anyone else like certain that trump will win

ambitiouslizard

11:23

he aint winning

triplethread

11:23

i like being a pessimist

ambitiouslizard

11:24

he lost his re-election, why would he win this one?

1a2b3c4d26z

11:25

I have no idea why people have so much beef w berkeley's app

ClockworkBlue

11:25

I've been reading a bit about "herding," which is this idea that pollsters are making the race look tied so they look right no matter who wins.

1a2b3c4d26z

11:26

Like... it's a more involved app but you don't have to do it? They're clearly trying to have some self-selection go on

TheAdoptedOne

11:28

I 100% agree with the self selection, I also am not even close to touching the medians there. However I think the huge PS plus the video and especially the very specific criteria for the why Berkeley essay is pretty crazy

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