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This document serves as a voluntary petition for bankruptcy filed by Colby Management Group, LLC in the Eastern District of North Carolina.
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Start by downloading the B1 (Official Form 1) from the official website.
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Fill in your personal information in Section 1, including your name, address, and contact details.
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In Section 2, provide the details about your application or purpose for filing the form.
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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.
Individuals can file bankruptcy without an attorney, which is called filing pro se. However, seeking the advice of a qualified attorney is strongly recommended because bankruptcy has long-term financial and legal outcomes.
We'll use a variety of forms to do this, and on Schedules I and J, we'll tell the court about all of your income and expenses, which will help the court determine if you're filing the correct chapter of bankruptcy. This information will be used to conduct the means test to see if you qualify for a Chapter 7.
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.
See Important Information Regarding Filing Fees for Self-Represented Litigants: New Petitions: Chapter 9 $1,738.00 Chapter 11 $1,738.00 Chapter 12 (Family Farmer) $278.00 Chapter 13 $313.0050 more rows
Mandatory Forms for Chapter 13 Bankruptcy 101 Voluntary Petition for Individuals Filing for Bankruptcy. 106Dec Declaration About an Individual Debtor's Schedules. 106Sum Summary of Your Assets and Liabilities and Certain Statistical Information. 106A/B Schedule A/B: Property.

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B1 (Official Form 1) is a form used in the United States bankruptcy process to initiate a bankruptcy case. It provides basic information about the debtor and the type of bankruptcy being filed.
Any individual or business entity seeking to file for bankruptcy under Chapter 7, 11, or 13 must file B1 (Official Form 1) to commence the proceedings.
To fill out B1 (Official Form 1), provide personal or business information such as your name, address, and the type of bankruptcy you are filing. It may also require details about creditors and assets.
The purpose of B1 (Official Form 1) is to formally begin the bankruptcy process, allowing the court to evaluate the debtor's financial situation and determine eligibility for bankruptcy relief.
The form requires information such as the debtor's name, address, social security number (or tax identification number), the type of bankruptcy being filed, and a list of creditors.
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