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U.S. Bankruptcy Court Bond by Petitioner

BOND BY PETITIONER-INVOLUNTARY PROCEEDINGS UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF [DISTRICT]

We, [Names], as principal, and [Name], as surety, are held and firmly bound to [State], debtor above-named, in the sum of $------, to be paid to the [Name] executors, administrators, or assigns, to which payment we bind ourselves, our heirs, executors, and administrators, jointly and severally, by these presents.

Signed and sealed on [Date].

The condition of this obligation is such that whereas a petition in bankruptcy has been filed in the United States Bankruptcy Court for the [District] of [District] against [Name], if the court dismisses the petition other than on consent of all petitioners and the debtor, and if the debtor does not waive the right to judgment under 11 USC Section 303(i), and if the above-named principal shall be ordered to pay costs, attorney fees or any damages, the above obligation shall be in full force and effect.

Sealed and delivered in the presence of

(seal)

(seal)

Approved on [Date].

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Signature

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