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New York · Through 2026-09-11

N.Y. Debtor & Creditor Law § 52: Contents of petition

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Where this section sits in the code
  1. Debtor & Creditor Law
  2. Article 3. Insolvent's Discharge From Debts

§ 52. Contents of petition. The petition must be in writing; it must

be signed by the insolvent, and specify his residence; it must set

forth, in substance, that he is unable to pay all his debts in full;

that he is willing to assign his property for the benefit of all his

creditors, and, in all other respects, to comply with the provisions of

this article, for the purpose of being discharged from his debts; and it

must pray that, upon his so doing, he may be discharged accordingly. It

must be verified by the affidavit of the insolvent, annexed thereto,

taken on the day of the presentation thereof, to the effect, that the

petition is in all respects true, in matter of fact.

Collected 2026-09-14T19:32:44Z. Source file · JSON

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