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This document is a Voluntary Petition filed in the United States Bankruptcy Court for the Middle District of North Carolina, intended for the debtor Mercury Data Systems, Inc. It captures essential
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People Also Ask about
What paperwork do you need for Chapter 13?
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.
Can I do my own Chapter 13?
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.
What is Schedule I and J in Chapter 7?
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.
What disqualifies you from Chapter 13?
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.
How much does it cost to start a Chapter 13?
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
What forms do I need to file chapter 13?
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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What is B1 (Official Form 1)?
B1 (Official Form 1) is the official bankruptcy petition form used in the United States to initiate a bankruptcy case. It is a legal document that outlines the debtor's request for bankruptcy relief.
Who is required to file B1 (Official Form 1)?
Any individual or business entity that wishes to seek relief under U.S. bankruptcy laws must file B1 (Official Form 1) to start the bankruptcy process.
How to fill out B1 (Official Form 1)?
To fill out B1 (Official Form 1), debtors must provide accurate information regarding their identity, the type of bankruptcy they are filing for, and their financial situation, including debts and assets, as required by the form's sections.
What is the purpose of B1 (Official Form 1)?
The purpose of B1 (Official Form 1) is to formally declare the intention of the debtor to file for bankruptcy protection and to provide the court with the necessary information to assess the case.
What information must be reported on B1 (Official Form 1)?
B1 (Official Form 1) requires information such as the debtor's name, address, social security number or taxpayer identification number, and an indication of whether the debtor is filing as an individual or entity. Additionally, it includes information on any previous bankruptcies and the type of bankruptcy being filed.
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