MARTIN GLENN, Bankruptcy Judge.
On August 7, 2007, GM Gold & Diamonds LP, A-V Diamonds. Inc., and Gold & Gems Holding, Inc. ("Petitioners"), three trade creditors, filed an involuntary chapter 7 petition against A & J Quality Diamonds, Inc. ("Debtor"). The chapter 7 petition lists the three petitioners' claims as totaling $346,316.05. The involuntary...
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