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Case 2:17bk11179DS Doc 1 Filed 01/31/17 Entered 01/31/17 17:07:19 Main Document Page 1 of 16 Disc Fill in this information to identify your case: United States Bankruptcy Court for the: CENTRAL DISTRICT

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How to fill out voluntary petition for non-individuals

01

Step 1: Gather all the necessary information and documents that are required to fill out the voluntary petition for non-individuals.

02

Step 2: Start by filling out the heading section of the petition form, which includes the name of the debtor, the case number, and the type of bankruptcy.

03

Step 3: Proceed to fill out the creditor information section by providing details about the creditors, including their names, addresses, and the amount owed to each creditor.

04

Step 4: Fill out the debtor's information section, including the name, address, and other relevant details.

05

Step 5: Provide information about the debtor's assets and liabilities by accurately listing all the assets, such as properties, bank accounts, vehicles, and any outstanding debts or loans.

06

Step 6: Complete the section regarding the debtor's income and expenses, providing details about the monthly income, sources of income, and the monthly expenses.

07

Step 7: Include any additional information required in the petition form, such as details about any pending lawsuits or previous bankruptcy cases.

08

Step 8: Review the completed petition form carefully to ensure all the information provided is accurate and complete.

09

Step 9: Sign and date the petition form, certifying that all the information provided is true and correct to the best of your knowledge.

10

Step 10: File the completed voluntary petition for non-individuals with the appropriate bankruptcy court and pay the required filing fees.

Who needs voluntary petition for non-individuals?

01

Corporations and other non-individual entities that are struggling with overwhelming debts and require legal protection may need to file a voluntary petition for non-individuals.

02

Partnerships, limited liability companies (LLCs), and nonprofit organizations can also file a voluntary petition to seek bankruptcy relief.

03

Any non-individual entity facing financial difficulties, insolvency, or the inability to pay debts as they become due may require a voluntary petition for non-individuals.

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What is voluntary petition for non-individuals?

Voluntary petition for non-individuals is a legal document filed by a corporation or other business entity to initiate a bankruptcy proceeding.

Who is required to file voluntary petition for non-individuals?

Corporations, partnerships, and other business entities are required to file a voluntary petition for non-individuals.

How to fill out voluntary petition for non-individuals?

To fill out a voluntary petition for non-individuals, the business entity must provide detailed information about its financial situation, assets, liabilities, and creditors.

What is the purpose of voluntary petition for non-individuals?

The purpose of a voluntary petition for non-individuals is to seek bankruptcy protection under the US Bankruptcy Code and reorganize the business's financial affairs.

What information must be reported on voluntary petition for non-individuals?

The voluntary petition for non-individuals must include information about the business entity's assets, liabilities, income, expenses, contracts, and other financial details.

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