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This document is a petition filed in the United States Bankruptcy Court for initiating bankruptcy proceedings by the debtor, TRANSED, INC.
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People Also Ask about
How to file Chapter 7 yourself?
How To File Chapter 7 Bankruptcy Without A Lawyer (11 Steps) Gather your financial information. Analyze Your Debts. Check for Judgments. Determine your qualifications for Chapter 7 bankruptcy. Review Your Assets And Choose Exemptions. Prepare the Chapter 7 bankruptcy documents. Take your pre-filing credit counseling.
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)
What is the first step in filing Chapter 7?
Documents Needed to File Chapter 7 Your tax returns. Pay stubs. Appraisals of your home, jewelry, and other exempt assets. Your car titles.
How much debt do you have to have to file a Chapter 7?
1. Complete pre-bankruptcy credit counseling. You have to complete a pre-bankruptcy credit counseling course at least six months before you file. You can find an approved credit counseling agency through the Justice Department's database (or this database if you live in Alabama or North Carolina).
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What is B1 (Official Form 1)(1/08)?
B1 (Official Form 1)(1/08) is the official bankruptcy petition form used in the United States for individuals or businesses seeking to initiate bankruptcy proceedings under Chapter 7, Chapter 11, or Chapter 13 of the Bankruptcy Code.
Who is required to file B1 (Official Form 1)(1/08)?
Individuals or businesses that wish to declare bankruptcy and seek relief from debts are required to file B1 (Official Form 1)(1/08) as part of their bankruptcy petition.
How to fill out B1 (Official Form 1)(1/08)?
To fill out B1 (Official Form 1)(1/08), the filer needs to provide personal or business information, indicate the chapter under which they are filing, disclose financial details such as assets and liabilities, and complete any other required disclosures as instructed on the form.
What is the purpose of B1 (Official Form 1)(1/08)?
The purpose of B1 (Official Form 1)(1/08) is to formally commence bankruptcy proceedings by notifying the court of the filer's intent to file for bankruptcy and providing essential information about their financial situation.
What information must be reported on B1 (Official Form 1)(1/08)?
The form requires reporting personal or business details, the chapter of bankruptcy being filed, a list of assets, liabilities, income, expenses, and any previous bankruptcy filings, along with signatures and dates.
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