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RLL-;, .l” ll?NRM 1 (d/II” 7 United States Bankruptcy Court Voluntary Petition District of Delaware Name of Joint Debtor (Spouse) (Last, First, Middle): Name of Debtor (if individual, enter Last,

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What is 1 voluntary petition?

A voluntary petition refers to a legal document filed by an individual or business entity to initiate bankruptcy proceedings.

Who is required to file 1 voluntary petition?

An individual or a business entity that is unable to pay its debts and seeks bankruptcy protection can file a voluntary petition.

How to fill out 1 voluntary petition?

To fill out a voluntary petition, one needs to provide personal and financial information, disclose all assets and liabilities, and follow the specific format required by the bankruptcy court.

What is the purpose of 1 voluntary petition?

The purpose of a voluntary petition is to initiate bankruptcy proceedings and seek relief from debts through reorganization or liquidation, depending on the type of bankruptcy filing.

What information must be reported on 1 voluntary petition?

A voluntary petition typically requires information about the debtor's identity, assets, liabilities, income, expenses, and any previous bankruptcy filings.

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