Q1. If you were a creditor and a significant debt were owed to you, at what point would you consider filing a Petition in Involuntary Bankruptcy against your debtor? What exactly is a Petition in Involuntary Bankruptcy? Describe and properly cite your options and discuss.
Q2. How do the constructs discussed above relate to bankruptcy laws helping debtors or not and bankruptcy laws being too lenient and allowing debtors to leave their creditors in a lurch or not? What makes them different?
Q3. Please research a local incident (US East Coast) that has occurred within the last 6 months (share dates) that relates to this. Be specific in describing how.
Q4. How does the topic potentially impact you personally, provide specific information this impacts your unique environment or situation.