Petition Date

  • November 25, 2019

The Petition Date is the date a debtor files a petition for relief under the Bankruptcy Code. The debtor’s assets as of the petition date become property of the estate. The petition date also determines the date by which all creditors’ claims are measured. Any claim occurring prior to the petition date is deemed to have occurred pre-petition. Any claims occurring after the petition date occur post-petition.

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