Does anyone know why an involuntary BK petition only shows up under Chapter 7 and 11? From researching various sites on the web, it appears that creditors cannot get together and force you into a BK 13? Why does this appear to be the case?
What would happen to someone who only qualifies for a BK 13 under the means test, but creditors, etc attempt to force a BK 7? Can this happen?
Is involuntary BK a tool used to sell off a debtors assets under a 7 or 11?
I'm curious?
What would happen to someone who only qualifies for a BK 13 under the means test, but creditors, etc attempt to force a BK 7? Can this happen?
Is involuntary BK a tool used to sell off a debtors assets under a 7 or 11?
I'm curious?
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