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Records Sealed |
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| Under new
subsection (l) of section 303, the court, on motion of the debtor,
shall seal all the records of the court relating to the involuntary
petition as well as all references to the petition, where
1) the involuntary petition filed against an individual debtor is false or contains any materially false, fictitious or fraudulent statement, and 2) the court dismisses the petition.
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Consumer Reporting Agencies |
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Where the
court dismisses an involuntary petition filed against an individual
debtor, the court may enter an order prohibiting all consumer
reporting agencies from making any consumer report that contains any
information relating to such petition or to the case commenced by the
filing of the petition.
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| Note: Court will need mailing list of consumer reporting agencies if noticing is required. | ||||||||||||
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Expunge Records |
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On motion of
the debtor and for good cause, the court – on expiration of the
statute of limitations found in 18 U.S.C. § 3282, for a violation of
§ 152 or 157 of title 18 – may expunge any records relating to an
involuntary petition filed under § 303.
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