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Case 2130923 Document 383 Filed in TSB on 07/07/21-Page 1 of 19UNITED STATES BANKRUPTCY COURT SOUTHERN DISTRICT OF TEXAS HOUSTON DIVISION In re: GIDDY ENERGY LLC,1 Debtor.) )))))ENTERED 07/07/2021Chapter

How to fill out voluntary petition for non-individuals

How to fill out voluntary petition for non-individuals

1. Gather all necessary financial documents and information such as balance sheets, income statements, and tax returns.
2. Determine the relevant bankruptcy court for your jurisdiction.
3. Obtain the necessary bankruptcy forms, including the voluntary petition for non-individuals (typically Form 201A).
4. Fill out the voluntary petition form accurately and completely. Provide detailed information about your organization, its assets, liabilities, creditors, and any pending litigation.
5. Attach any supporting documents required by the bankruptcy court, such as schedules, statements of financial affairs, and executory contracts.
6. Review the completed petition and supporting documents for accuracy and completeness.
7. Sign the petition and any accompanying affidavits under penalty of perjury.
8. Make copies of the completed petition and supporting documents for your records.
9. File the original petition and supporting documents with the appropriate bankruptcy court.
10. Pay the filing fee, unless eligible for a fee waiver or installment plan.
11. Serve a copy of the petition and notice of the bankruptcy filing to all creditors and other affected parties.
12. Attend any required hearings or meetings as scheduled by the bankruptcy court.
13. Comply with all further instructions and requirements of the bankruptcy court throughout the process.

Who needs voluntary petition for non-individuals?

1. Non-individual entities such as corporations, partnerships, limited liability companies, and non-profit organizations.
2. Entities facing financial distress or insolvency and seeking legal protection under the bankruptcy laws.
3. Entities looking to reorganize their debts, liquidate assets, and potentially obtain relief from creditor actions.

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What is voluntary petition for non-individuals?

A voluntary petition for non-individuals is a legal document filed by a business entity seeking relief under the bankruptcy laws.

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

Business entities such as corporations, partnerships, and LLCs 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, debts, and creditors.

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

The purpose of a voluntary petition for non-individuals is to initiate a bankruptcy case and seek protection from creditors while the business reorganizes or liquidates its assets.

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

The information reported on a voluntary petition for non-individuals includes the business's name, address, financial records, list of creditors, and proposed plan for addressing its debts.