Get the free B6 Summary (Official Form 6 - Summary)

This document summarizes the schedules submitted by the debtor, detailing the financial situation including assets and liabilities in a bankruptcy case.

How to fill out b6 summary official form

How to fill out B6 Summary (Official Form 6 - Summary)

1. Gather all necessary financial information including income, expenses, assets, and debts.
2. Use the Official Form 6 - Summary to categorize your financial details accurately.
3. Begin filling out Section 1 by listing your monthly income from all sources.
4. Complete Section 2 by itemizing your monthly expenses to reflect your financial obligations.
5. In Section 3, provide a summary of all your assets including real estate, vehicles, bank accounts, and personal property.
6. Fill out Section 4 with a comprehensive list of your debts, including credit cards, loans, and any other financial liabilities.
7. Review all the filled-out sections for accuracy and completeness.
8. Sign and date the form before submitting it as part of your bankruptcy petition.

Who needs B6 Summary (Official Form 6 - Summary)?

1. Individuals filing for bankruptcy to provide a summary of their financial situation.
2. Debtors who are required to disclose their income, expenses, assets, and liabilities.
3. Attorneys or legal representatives assisting clients with bankruptcy filings.
4. Creditors reviewing the financial status of debtors in a bankruptcy case.

People Also Ask about

What paperwork do you need for Chapter 13?

In addition to obtaining your credit report, you will need the following documents: Tax returns for the past four years. Paystubs or other proof of income for the last six months before filing. Bank account statements from the past 3–6 months.

What is the average monthly payment for Chapter 13?

Excessive income (for Chapter 13) Chapter 13 bankruptcy requires debtors to have a regular income and adhere to repayment plans. However, if your income is too high relative to your debts, the court may determine that you're not eligible to restructure your debts under this chapter.

What disqualifies you from Chapter 13?

There is no minimum amount of debt required to file for either Chapter 7 or Chapter 13 bankruptcy. However, many bankruptcy attorneys advise against filing for bankruptcy if you have less than $10,000 in dischargeable debt because the legal fees and filing costs could outweigh any potential benefits of filing.

What documents do I need to file chapter 13?

In addition to obtaining your credit report, you will need the following documents: Tax returns for the past four years. Paystubs or other proof of income for the last six months before filing. Bank account statements from the past 3–6 months. Recent mortgage statement(s) and real estate tax bills (if applicable)

For pdfFiller’s FAQs

What is B6 Summary (Official Form 6 - Summary)?

B6 Summary (Official Form 6 - Summary) is a document used in bankruptcy proceedings to provide a brief overview of the debtor's financial situation, including a summary of assets, liabilities, income, and expenses.

Who is required to file B6 Summary (Official Form 6 - Summary)?

Individuals filing for bankruptcy under Chapter 7 or Chapter 13 are required to file B6 Summary as part of their bankruptcy petition.

How to fill out B6 Summary (Official Form 6 - Summary)?

To fill out the B6 Summary, debtors must report their total assets, total liabilities, current monthly income, and monthly expenses, ensuring the information is accurate and complete.

What is the purpose of B6 Summary (Official Form 6 - Summary)?

The purpose of B6 Summary is to provide the court with a clear snapshot of the debtor's financial status, facilitating the bankruptcy process and helping to determine the appropriate course of action.

What information must be reported on B6 Summary (Official Form 6 - Summary)?

The B6 Summary requires reporting of the debtor's total assets, total liabilities, monthly income, monthly expenses, and any additional relevant financial information.