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This document is a Voluntary Petition filed with the United States Bankruptcy Court for individuals or businesses declaring bankruptcy under Chapter 7, 11, 12, or 13 of the Bankruptcy Code.
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How to fill out B1 (Official Form 1)
01
Begin with the title 'B1 (Official Form 1)' at the top of the document.
02
Enter your personal information in the designated fields, including your full name, address, and contact details.
03
Fill out the section concerning your legal status, indicating your citizenship or immigration status.
04
Provide any requested identification numbers, such as Social Security Number or alien registration number.
05
Complete the financial information section, if applicable, providing details about your income and assets.
06
Review the document for accuracy, ensuring all information is correctly entered.
07
Sign and date the form at the bottom as required.
Who needs B1 (Official Form 1)?
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Individuals applying for a visa or immigration benefit in the United States.
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People seeking to adjust their immigration status or apply for permanent residency.
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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, specifically under Chapter 7 or Chapter 13.
Who is required to file B1 (Official Form 1)?
Individuals or business entities seeking to declare bankruptcy are required to file B1 (Official Form 1). This includes those who are unable to pay their debts and wish to seek relief under bankruptcy laws.
How to fill out B1 (Official Form 1)?
To fill out B1 (Official Form 1), individuals should provide their personal information, including their name, address, Social Security number, and details about their financial situation. It is important to accurately disclose all assets, liabilities, and income.
What is the purpose of B1 (Official Form 1)?
The purpose of B1 (Official Form 1) is to formally notify the court and creditors about the debtor's intention to file for bankruptcy, allowing the legal process to begin and providing a framework for addressing the debtor's financial obligations.
What information must be reported on B1 (Official Form 1)?
B1 (Official Form 1) requires reporting personal identification information, a list of creditors, summaries of current income and expenses, a statement of financial affairs, and details about assets and liabilities.
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