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Case 2013064Doc 1Filed 12/03/20Page 1 of 18 Docket #1Date Filed: 12/03/2020Fill in this information to identify your case: United States Bankruptcy Court for the: DISTRICT OF DELAWARE Case number

How to fill out voluntary petition for non-individuals

How to fill out voluntary petition for non-individuals

1. Start by obtaining the necessary forms for filing a voluntary petition for non-individuals. These forms can usually be found online or obtained from the local bankruptcy court.
2. Carefully read through the instructions provided with the forms to understand the requirements and procedures for filling out the petition.
3. Begin by filling out the basic information section, which includes the name of the non-individual debtor, its address, and its employer identification number (EIN).
4. Provide details about the type of non-individual debtor, such as whether it is a corporation, partnership, limited liability company (LLC), or another type of entity.
5. Include information about the debtor's registered agent, if applicable, and any pending or prior bankruptcy cases involving the debtor.
6. Fill out the section concerning the debtor's assets, liabilities, income, and expenses. This may require gathering and organizing financial documents and records.
7. Attach any necessary supporting documents, such as financial statements, tax returns, and contracts. Make sure to label and organize these documents as instructed.
8. Prepare and file a bankruptcy petition cover sheet, which provides a summary of the debtor's case and helps the court track the documents filed.
9. Review the completed petition thoroughly for accuracy and completeness. Make any necessary corrections before filing.
10. Make multiple copies of the completed petition, as required by the court. Keep one copy for your records and submit the rest to the appropriate bankruptcy court.
11. Pay the required filing fee, unless a fee waiver or installment payment plan has been approved by the court.
12. File the petition according to the court's instructions. This may involve submitting it in person, by mail, or electronically via the court's approved filing system.
13. Keep a record of the filing date and any confirmation or receipt provided by the court.
14. Be prepared to attend court hearings and meetings related to the bankruptcy case, as required by the court.
15. Consult an attorney or seek legal advice if you encounter any difficulties or have questions during the process.

Who needs voluntary petition for non-individuals?

1. Voluntary petition for non-individuals is needed by businesses, organizations, and other entities that are facing financial distress and are seeking protection under bankruptcy laws.
2. Common examples of entities that may need to file a voluntary petition include corporations, partnerships, LLCs, non-profit organizations, and government entities.

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What is voluntary petition for non-individuals?

A voluntary petition for non-individuals is a legal document filed by businesses or other entities to initiate bankruptcy proceedings, indicating their intention to seek relief under bankruptcy laws.

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

Non-individuals such as corporations, partnerships, or other business entities that are unable to meet their financial obligations are required to file a voluntary petition for bankruptcy.

How to fill out voluntary petition for non-individuals?

To fill out a voluntary petition for non-individuals, the entity needs to provide detailed information about its financial situation, including assets, liabilities, income, expenses, and any ongoing legal proceedings.

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

The purpose of a voluntary petition for non-individuals is to formally request protection from creditors and to restructure or eliminate debts, allowing the entity to operate while resolving financial difficulties.

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

The information that must be reported includes the entity's name, address, type of business, the nature of debts, the amount of assets and liabilities, and details of any prior bankruptcy cases.