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This document is a voluntary petition filed under bankruptcy law in the Eastern District of New York for the debtor Roosevelt Avenue Corp. It includes information on debtors, creditors, the nature
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B1 (Official Form 1)(4/10) is the official form used to initiate a bankruptcy case in the United States. It serves as the petition that a debtor files to start the bankruptcy process.
Individuals or businesses seeking to declare bankruptcy are required to file B1 (Official Form 1)(4/10). This includes those who want to seek debt relief under Chapter 7, Chapter 11, or Chapter 13 of the Bankruptcy Code.
To fill out B1 (Official Form 1)(4/10), debtors must provide their personal information, income, expenses, and details about their debts and assets. It is essential to ensure that all information is accurate and complete, as discrepancies may lead to complications in the bankruptcy process.
The purpose of B1 (Official Form 1)(4/10) is to formally notify the court and creditors that an individual or business is seeking bankruptcy protection. It initiates the bankruptcy proceedings and allows the debtor to seek relief from debts.
The information that must be reported on B1 (Official Form 1)(4/10) includes the debtor's name, address, social security number, the type of bankruptcy being filed, a list of creditors and their addresses, details of income, expenses, assets, and liabilities.
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