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This form is used to initiate a bankruptcy case under Chapter 11 in the United States Bankruptcy Court for the Western District of Washington. It includes details about the debtor, nature of debts,
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People Also Ask about
Can you file Chapter 7 without filing taxes?
After you submit the Proof of Claim, the claim number will display with a link to the electronically file-stamped proof of claim. The claim will be file stamped as of the entry date. Just print or save a copy of the claim.
What happens if you don't file a proof of claim?
There isn't a rule stating that your tax returns must be current upon filing Chapter 7. However, you must provide your assigned trustee with a copy of your last filed return and accurate financial information. Your trustee will verify if your tax returns support the financial information you provided.
Do you have to file a proof of claim in Chapter 7?
Generally speaking, in a Chapter 7 or Chapter 13 case, a proof of claim must be filed no later than 70 days after the case is filed. In Chapter 11 cases, the bar date may depend on local practice or court order, and the amount of time provided to file a proof of claim can vary.
Why would a creditor not file a proof of claim?
Identify how the debtor came to owe the debt to the creditor here. Documents supporting the debt owed should be attached to and filed with the proof of claim (for example, a promissory note, financing agreement, lease, or a judgment).
Do you file a proof of claim in a Chapter 7?
Generally speaking, in a Chapter 7 or Chapter 13 case, a proof of claim must be filed no later than 70 days after the case is filed. In Chapter 11 cases, the bar date may depend on local practice or court order, and the amount of time provided to file a proof of claim can vary.
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What is B1 (Official Form 1) (4/10)?
B1 (Official Form 1) (4/10) is a bankruptcy petition form used in the United States to initiate a filing for bankruptcy under Chapter 7, 11, or 13.
Who is required to file B1 (Official Form 1) (4/10)?
Individuals or businesses seeking to reorganize or discharge their debts through bankruptcy are required to file B1 (Official Form 1) (4/10).
How to fill out B1 (Official Form 1) (4/10)?
To fill out B1 (Official Form 1) (4/10), one must provide personal information, details about debts, assets, income, and expenses, and sign the form under penalty of perjury.
What is the purpose of B1 (Official Form 1) (4/10)?
The purpose of B1 (Official Form 1) (4/10) is to formally notify the bankruptcy court of an individual's or business's intent to file for bankruptcy and to provide the court with essential information regarding the filer's financial situation.
What information must be reported on B1 (Official Form 1) (4/10)?
B1 (Official Form 1) (4/10) requires reporting personal information, types of debts, assets, income details, monthly expenses, and any prior bankruptcy filings.
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