RE: Does the company have unpaid loans? (nm)
Posted on: August 27, 2022 at 14:23:18 CT
*M* KC
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Well, since the person or entity that files for bankruptcy, or on whose behalf it is filed, is officially called the "Debtor", they won't need to file for it if they don't have any unpaid debt.
11 U.S.C. ยง 101(13)