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BCLP Partner Glenn Haley and Associate Carrie Yiu authored an article published in the April/May issue of the Journal of Bankruptcy Law concerning a recent decision that dismissed four debtors’ petitions on the ground that they constituted an abuse of process. “If a person presents a petition for their own bankruptcy (‘self-petition’), are there any safeguards to ensure that the self-petition is genuine, as opposed to a cynical device by the person to buy themselves time to pay, or to give themselves some negotiating position with their creditors?” they wrote.

The article was originally published Jan. 10 as a client alert.

This document provides a general summary and is for information/educational purposes only. It is not intended to be comprehensive, nor does it constitute legal advice. Specific legal advice should always be sought before taking or refraining from taking any action.