Bankruptcy – Involuntary petition – Qualifying creditors
Where a creditor has filed an involuntary petition against a debtor, that petition must be dismissed because the debtor had more than 11 eligible creditors as of the petition date, triggering a statutory requirement of three qualifying creditors. “This matter came before the Court on the involuntary petition (‘Involuntary Petition’) filed on February 11, 2022
Source: masslawyersweekly.com