Question: True or False and why? The only limitation on a creditor's ability to file an involuntary case against a debtor is that the proper number

True or False and why?

  1. The only limitation on a creditor's ability to file an involuntary case against a debtor is that the proper number of creditors, as defined by the bankruptcy code, join the involuntary petition.
  2. Under the Bankruptcy Code, statutory liens are avoidable by the bankruptcy trustee.

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