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Van den BOS & Chapman, LLP 319 SW Washington #520 Portland, OR 97204 5032414869INTAKE FORM #2 BUSINESS/SOLE PROPRIETOR CHAPTER 7 OR 13 INTAKE Formulations? Please refer to our Intake Instruction Sheet
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Business sole proprietor chapter 7 is a bankruptcy option available for sole proprietors to eliminate or reduce their debts and get a fresh start with their business.
Sole proprietors who are struggling with overwhelming debts and unable to repay them may file for chapter 7 bankruptcy.
To fill out business sole proprietor chapter 7, the individual must gather all financial documents, complete the necessary bankruptcy forms, and follow the instructions provided by the court.
The purpose of business sole proprietor chapter 7 is to provide relief for sole proprietors burdened with debts by liquidating their assets to pay off creditors and gaining a fresh financial start.
Information such as income, expenses, debts, assets, and contracts must be reported on business sole proprietor chapter 7 forms.
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