BAD-FAITH FILING

By SovConn | September 16, 2013

bad-faith filing, n. Bankruptcy. The act of submitting a bankruptcy petition that is inconsistent with the purposes of the Bankruptcy Code or is an abuse of the bankruptcy system (that is, by not being filed in good faith). A court may dismiss a bankruptcy case if it finds that the petition was filed in bad faith. 
[Blacks Law 8th]

Posted in Law Dictionary Definitions