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B1 (Official Form 1)(1/08) United States Bankruptcy Court District of Nevada Name of Debtor (if individual, enter Last, First, Middle): Voluntary Petition Name of Joint Debtor (Spouse)(Last, First,

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What is chapter 7 voluntary petition?

Chapter 7 voluntary petition is a legal document that an individual or business files with the bankruptcy court to initiate a Chapter 7 bankruptcy case.

Who is required to file chapter 7 voluntary petition?

An individual or business who is unable to repay debts and meet financial obligations may choose to file a Chapter 7 voluntary petition.

How to fill out chapter 7 voluntary petition?

To fill out a Chapter 7 voluntary petition, you need to provide personal and financial information, including details about your assets, debts, income, expenses, and any previous bankruptcy filings. It is recommended to consult with a bankruptcy attorney for guidance on completing the petition.

What is the purpose of chapter 7 voluntary petition?

The purpose of a Chapter 7 voluntary petition is to obtain a discharge of debts by liquidating assets to repay creditors. This allows individuals or businesses to have a fresh financial start.

What information must be reported on chapter 7 voluntary petition?

A chapter 7 voluntary petition requires the reporting of personal and financial information, including but not limited to: name, address, social security number, list of assets, list of debts, income and expenses, and any previous bankruptcy filings.

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