Petition claims 2025

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Prepetition Claim means any Claim that arose prior to the Petition Date. Prepetition Claim means any Claim arising prior to the Petition Date.
A Debt Claims Case is a lawsuit brought to recover a debt by an assignee of a claim; a debt collector or collection agency; a financial institution; or a person or entity primarily engaged in the business of lending money at interest.
prepetition (not comparable) (law) Of a claim, event, or condition existing prior to a bankruptcy petition.
Post-petition debt is a debt you obtain after filing your bankruptcy case. These debts are not part of your bankruptcy case and will not be discharged. Any debt you acquire after filing for bankruptcy (even if your case is still pending) is considered post-petition, and you are responsible for paying it.
You must list all of your Creditors and debt when you file bankruptcy. Pre-petition debt is the debt that we are expecting to be discharged as part of your bankruptcy case. This can include everything from credit card and medical debt, personal and payday loans, to foreclosure and repossession deficiencies.
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When a petition is filed, the plaintiff and the defendant are given the opportunity to settle the case privately or to use an alternative dispute resolution (ADR) process rather than go to trial. The court may also provide a summary judgment. If the case goes to trial, the judge will ultimately issue a verdict.

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