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This form is used by individuals or entities (debtors) to file for bankruptcy under Chapter 7, 11, 12, or 13 of the Bankruptcy Code in the United States Bankruptcy Court.
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How to fill out B1 (Official Form 1)
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Begin by downloading the B1 (Official Form 1) from the official website.
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Carefully read the instructions provided with the form.
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Enter your personal information in the designated sections, including your name, address, and contact details.
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Fill out any required identification numbers, such as your Social Security Number or Tax ID.
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Provide information about your business, including its legal name, registration number, and type of business entity.
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Detail the purpose of your application and any relevant dates.
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Submit the completed form to the appropriate agency or department as instructed.
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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 initial bankruptcy petition form used in the United States bankruptcy process to file for bankruptcy.
Who is required to file B1 (Official Form 1)?
Individuals or businesses seeking to declare bankruptcy must file B1 (Official Form 1) to initiate the bankruptcy proceedings.
How to fill out B1 (Official Form 1)?
To fill out B1 (Official Form 1), you need to provide personal information, details about your debts and assets, and other required financial disclosures as specified in the form.
What is the purpose of B1 (Official Form 1)?
The purpose of B1 (Official Form 1) is to formally begin the bankruptcy process and to provide the court with essential information about the debtor's financial situation.
What information must be reported on B1 (Official Form 1)?
B1 (Official Form 1) requires reporting personal information, types and amounts of debts, assets, income, and expenses, as well as details about prior bankruptcies, if any.
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