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UNITED STATES BANKRUPTCY COURT Central District of California CHAPTER 13 PETITION FORMS December 2011 Chapter 13 Petition Package Index Chapter 13 Petition Filing Information ! Abbreviated Fee Schedule

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What is chapter 13 petition filing?

Chapter 13 petition filing refers to the process of filing for bankruptcy under Chapter 13 of the United States Bankruptcy Code. It allows individuals with a regular income to create a repayment plan to pay off all or a portion of their debts over a period of three to five years.

Who is required to file chapter 13 petition filing?

Individuals with a regular income and unsecured debts that are less than $419,275 and secured debts that are less than $1,257,850 are eligible to file for chapter 13 bankruptcy.

How to fill out chapter 13 petition filing?

To fill out chapter 13 petition filing, you need to gather your financial information, including income, expenses, assets, and debts. Then, you can complete the necessary bankruptcy forms, such as the petition, schedules, and repayment plan. It is recommended to seek the guidance of a bankruptcy attorney to ensure accurate and complete filing.

What is the purpose of chapter 13 petition filing?

The purpose of chapter 13 petition filing is to provide individuals with a way to reorganize their debts and create a manageable repayment plan. It allows debtors to keep their property while paying off their debts over time.

What information must be reported on chapter 13 petition filing?

Chapter 13 petition filing requires reporting of various financial information, including income, expenses, assets, debts, and a detailed list of creditors. Additionally, you need to provide information about any past bankruptcies, recent financial transactions, and any pending lawsuits or wage garnishments.

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