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FORM B1 Application for Exemption from Attendance at School (M) PART A To be completed by parent/caregiver; if exemption is sought for more than one student, separate applications need to be made SCHOOL
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Form B1 is an application used for filing bankruptcy in the United States, specifically for individuals or businesses looking to reorganize or liquidate their debts under Chapter 7 or Chapter 11 of the Bankruptcy Code.
Individuals, corporations, partnerships, and other entities seeking relief from debt through bankruptcy are required to file Form B1, depending on their particular situation and the type of bankruptcy they are pursuing.
To fill out Form B1, an individual or entity needs to provide personal information, details about debts and assets, income, expenses, and other financial information as required by the form. It is advisable to consult a legal professional for assistance in completing the application.
The purpose of Form B1 is to initiate a bankruptcy case in the U.S. Bankruptcy Court, allowing the debtor to seek relief from debts and obtain a fresh financial start.
Form B1 requires reporting of personal identification details, information about creditors, income sources, expenses, assets, liabilities, and other relevant financial information that gives a clear picture of the debtor's financial situation.
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