What is a bankruptcy petition? A Bankruptcy petition is a declaration of your desire to be made Bankrupty. In order to do this, you will need to complete an online Bankruptcy application form, there is no paper equivalent and you do not have to attend a court to do this. The application is your official request to the adjudicator to be made Bankrupt.
The federal government funds a range of welfare programs for the poor, from cash assistance, food stamps to Medicaid. And TANF often becomes a source of safety net for over 1.6 million families while they get back on their feet â with single mothers making up the bulk of welfare recipients.
First, most people on welfare do not receive all the benefits that its hypothetical single mother does. For example, only 15% of those receiving TANF benefits also receive housing benefit, which forms a huge part of the Cato package.