Bankruptcy Petition Preparer A nonlawyer who helps debtors complete their bankruptcy paperwork for a fee.
bankruptcy petition The document filed in Bankruptcy Court that details the assets and liabilities of the debtor.
This is because once a bankruptcy petition is filed, it is for the creditors, not the debtor to decide whether a particular asset has value. The future ramifications of omitting assets from schedules can be quite serious for the offending debtor.
In the year ending June 30, 1992, 972,490 bankruptcy petitions were filed, and 857,286 cases were terminated. From 1985 to 1991, the number of bankruptcy petitions filed more than doubled and has risen ever since.
The stay is automatic in that it takes effect from the moment of filing the bankruptcy petition.
There are some notable and sensible exceptions such as child support or spousal support enforcement proceedings.
unlawful detainer assistant: Any person paid to help someone in an eviction (unlawful detainer) case, including any bankruptcy petition that may affect the unlawful detainer case.
Most commonly, the motion is filed in bankruptcy court where the filing of a bankruptcy petition creates an automatic stay of proceedings in any court where a party is attempting to collect from the debtor in bankruptcy.
 See also: Bankrupt, Bankruptcy, Court, Petition, Law
  
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