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Which section of the Initial Action Guides should be consulted first?
Chapter 13 Bankruptcy
A type of bankruptcy that allows individuals to undergo a financial reorganization supervised by a federal court, enabling them to repay their debts over a set period.
Voluntary
Done, given, or acting of one's own free will without coercion or obligation.
Involuntary
Actions or reactions that occur without conscious choice, often used in legal contexts to describe commitments or actions not made of an individual's free will.
Voluntary Petition
A voluntary petition is a legal document filed by an individual or entity declaring their intention to undergo bankruptcy proceedings under their own accord.
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