{"data":{"id":"us-ny/n.y.-debtor-creditor-law-52","jurisdiction":"us-ny","citation":"N.Y. Debtor \u0026 Creditor Law § 52","heading":"Contents of petition","body":"§ 52. Contents of petition. The petition must be in writing; it must\nbe signed by the insolvent, and specify his residence; it must set\nforth, in substance, that he is unable to pay all his debts in full;\nthat he is willing to assign his property for the benefit of all his\ncreditors, and, in all other respects, to comply with the provisions of\nthis article, for the purpose of being discharged from his debts; and it\nmust pray that, upon his so doing, he may be discharged accordingly. It\nmust be verified by the affidavit of the insolvent, annexed thereto,\ntaken on the day of the presentation thereof, to the effect, that the\npetition is in all respects true, in matter of fact.","path":["Debtor \u0026 Creditor Law","Article 3. Insolvent's Discharge From Debts"],"source_url":"https://legislation.nysenate.gov/api/3/laws/DCD/52","current_through":"2026-09-11","vintage":"","retrieved_at":"2026-09-14T19:32:44Z","sha256":"243ca9a8b15d0b79bb681e74f6946dc072c2824b734bada0462237db877665fa","source_id":"us-ny","stale":false,"prev":"us-ny/n.y.-debtor-creditor-law-51","next":"us-ny/n.y.-debtor-creditor-law-53"},"notice":"GroundRules: Original legal text. Not legal advice."}