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This document is a Voluntary Petition filed with the United States Bankruptcy Court in the Eastern District of North Carolina. It contains personal information about the debtor including names, addresses,
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How to fill out official form 1 407
How to fill out Official Form 1 (4/07)
01
Obtain Official Form 1 (4/07) from the relevant authority or website.
02
Read the instructions carefully before starting to fill out the form.
03
Enter your personal information in the designated sections, including your name, address, and contact details.
04
Provide any required identification numbers, such as Social Security Number or Tax ID.
05
Fill out the section regarding the purpose of the form, ensuring to select the correct option.
06
If applicable, provide additional information or documentation as requested in the form.
07
Review all the information to ensure accuracy and completeness.
08
Sign and date the form where indicated.
09
Submit the completed form to the specified office or authority either in person or via mail.
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Individuals who are applying for a specific government benefit or service that requires the use of Official Form 1 (4/07).
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People Also Ask about
What paperwork is needed for Chapter 7?
Documents Needed to File Chapter 7 Your tax returns. Pay stubs. Appraisals of your home, jewelry, and other exempt assets. Your car titles.
Does Chapter 7 ever get denied?
Can Chapter 7 Bankruptcy be Denied? The “fresh start” that Chapter 7 bankruptcy promises people who have more debt than they can pay, is not guaranteed. Chapter 7 bankruptcy may be denied, possibly for reasons that don't have anything to do with whether you are qualified.
How much debt should you have to file Chapter 7?
Chapter 7 – A trustee is appointed to take over your property. Any property of value will be sold or turned into money to pay your creditors. You may be able to keep some personal items and possibly real estate depending on the law of the State where you live and applicable federal laws.
What would disqualify me from Chapter 7?
5 Reasons Your Bankruptcy Case Could Be Denied The debtor failed to attend credit counseling. Their income, expenses, and debt would allow for a Chapter 13 filing. The debtor attempted to defraud creditors or the bankruptcy court. A previous debt was discharged within the past eight years under Chapter 7.
What to attach to proof of claim?
Attachment (Official Form 410-A) with this Proof of Claim. Attach redacted copies of documents, if any, that show evidence of perfection of a security interest (for example, a mortgage, lien, certificate of title, financing statement, or other document that shows the lien has been filed or recorded.)
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.
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What is Official Form 1 (4/07)?
Official Form 1 (4/07) is a legal document used in the bankruptcy process, specifically for individual debtors to file for Chapter 7 or Chapter 13 bankruptcy. It provides a petition for debt relief, disclosing the debtor's financial situation.
Who is required to file Official Form 1 (4/07)?
Individuals seeking to file for bankruptcy under Chapter 7 or Chapter 13 are required to file Official Form 1 (4/07). This includes individuals with unsecured debts that exceed certain thresholds.
How to fill out Official Form 1 (4/07)?
To fill out Official Form 1 (4/07), debtors must provide personal information, details about their debts, assets, income, and expenses. Accurate completion of each section is essential to ensure compliance with bankruptcy regulations.
What is the purpose of Official Form 1 (4/07)?
The purpose of Official Form 1 (4/07) is to initiate bankruptcy proceedings and to provide the court with necessary information regarding the debtor's financial status. It helps determine eligibility for bankruptcy relief.
What information must be reported on Official Form 1 (4/07)?
Information required on Official Form 1 (4/07) includes the debtor's name and address, the type of bankruptcy being filed for, details of creditors, a comprehensive listing of all debts, a summary of assets and liabilities, monthly income and expenses, and information about prior bankruptcy filings.
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