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Get the free law.justia.com2011title28CHAPTER 13. STATEMENT OF CONDITION :: 2011 Indiana Code :: ...

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L]ORIGNALRECEIVED 2011 AUG 15 PM 1:50 C&I, TennCarellllllljlllljllll liiiiJIIIIflllljllll AQIII !1111 !IIIIJIIII AQIII !1111 1111111111 IIIIIIIIIJIIIIIIIQUARTERLY STATEMENT AS OF JUNE 30, 2011, OF
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Lawjustiacom2011title28chapter 13 statement of is needed by individuals or businesses who are seeking debt relief through Chapter 13 bankruptcy. This form is required to provide detailed information about the filer's financial situation, debts, assets, and proposed repayment plans. It helps the court assess the viability of the proposed repayment plan and make an informed decision regarding the bankruptcy case.
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The lawjustiacom2011title28chapter 13 statement refers to the legal document that individuals must complete when seeking relief under Chapter 13 of the U.S. Bankruptcy Code, outlining their debts, income, expenses, and repayment plans.
Individuals with regular income who are unable to pay their debts and wish to reorganize their financial obligations under Chapter 13 are required to file this statement.
To fill out the statement, debtors must provide detailed information regarding their income, expenses, debts, and any assets they possess, often using a standardized form provided by the bankruptcy court.
The purpose of the statement is to provide the bankruptcy court and creditors with a clear overview of the debtor's financial situation and their proposed repayment plan.
The statement must include personal details, a list of all debts and creditors, monthly income, monthly expenses, and the repayment plan proposed for creditors.
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