{"iri":"https://folio.openlegalstandard.org/RCzNI1QoW4KZCDSoIqjFHFj","label":"Bankruptcy Initiation Type","sub_class_of":["https://folio.openlegalstandard.org/R7LI3BONqNkXbKHKa0t3jyI"],"parent_class_of":["https://folio.openlegalstandard.org/R7qVuIk7an16npW6AGq2N1x","https://folio.openlegalstandard.org/RDCv20kIT2YJmDM2yNDWsmJ"],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Insolvency Initiation Type","alternative_labels":["Bankruptcy Commencement Method","Insolvency Filing Method"],"translations":{},"hidden_label":null,"definition":"Bankruptcy Initiation Type refers to the classification of bankruptcy proceedings based on who initiates the process. It includes subclasses Voluntary Bankruptcy, where the debtor voluntarily files for bankruptcy, and Involuntary Bankruptcy, where creditors force the debtor into bankruptcy.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}