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In re Colon

In re Colon

Ruling
Involuntary case dismissed where petition was joined by only two out of fifteen creditors.(Bankr. D.P.R.)
Issue(s)
Whether involuntary case filed by bank and its affiliate should be dismissed because at the time the petition was filed the debtor had more than twelve creditors?

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Consumer opinion summary, case decided on September 02, 2016 , LexisNexis #0916-106