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This document serves as a Voluntary Petition for bankruptcy under Chapter 11, detailing the debtor's information including names, addresses, social security numbers, and the nature of debts.
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How to fill out B1 (Official Form 1)

01
Obtain the B1 (Official Form 1) from the official website or local office.
02
Read the instructions carefully to understand the requirements.
03
Fill in your personal information in the designated fields: name, address, and contact details.
04
Indicate the purpose of your application in the respective section.
05
Provide any necessary documentation as specified in the guidelines.
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Review your completed form for accuracy and completeness.
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Sign and date the form as required.
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Submit the form in accordance with the submission guidelines.

Who needs B1 (Official Form 1)?

01
Individuals applying for a certain type of permit or visa.
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Businesses seeking licenses or official recognitions.
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Those needing to report specific information to government agencies.
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People Also Ask about

In addition to obtaining your credit report, you will need the following documents: Tax returns for the past four years. Paystubs or other proof of income for the last six months before filing. Bank account statements from the past 3–6 months.
Individuals can file bankruptcy without an attorney, which is called filing pro se. However, seeking the advice of a qualified attorney is strongly recommended because bankruptcy has long-term financial and legal outcomes.
We'll use a variety of forms to do this, and on Schedules I and J, we'll tell the court about all of your income and expenses, which will help the court determine if you're filing the correct chapter of bankruptcy. This information will be used to conduct the means test to see if you qualify for a Chapter 7.
Excessive income (for Chapter 13) Chapter 13 bankruptcy requires debtors to have a regular income and adhere to repayment plans. However, if your income is too high relative to your debts, the court may determine that you're not eligible to restructure your debts under this chapter.
See Important Information Regarding Filing Fees for Self-Represented Litigants: New Petitions: Chapter 9 $1,738.00 Chapter 11 $1,738.00 Chapter 12 (Family Farmer) $278.00 Chapter 13 $313.0050 more rows
Mandatory Forms for Chapter 13 Bankruptcy 101 Voluntary Petition for Individuals Filing for Bankruptcy. 106Dec Declaration About an Individual Debtor's Schedules. 106Sum Summary of Your Assets and Liabilities and Certain Statistical Information. 106A/B Schedule A/B: Property.

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B1 (Official Form 1) is the official document used to initiate a bankruptcy case under Title 11 of the United States Code, also known as the Bankruptcy Code.
Individuals or businesses that seek relief from debts through bankruptcy are required to file B1 (Official Form 1). This includes those filing for Chapter 7, 11, or 13 bankruptcy.
To fill out B1 (Official Form 1), one must provide personal or business information, details about debts, assets, income, and expenses as required in the form's sections, ensuring that all information is accurate and complete.
The purpose of B1 (Official Form 1) is to formally request relief from debts and to provide the bankruptcy court with necessary information to assess the individual's or business's financial situation.
Information that must be reported on B1 (Official Form 1) includes the debtor's name, address, bankruptcy chapter being filed under, and details regarding debts, assets, income, financial affairs, and the nature of financial distress.
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