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This is an Official Form used to file a voluntary petition for bankruptcy under various chapters of the Bankruptcy Code. It includes details about the debtor, such as the name, address, type of business,
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How to fill out B1 (Official Form 1)
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Obtain the B1 (Official Form 1) from the appropriate authority.
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Fill in your personal information such as name, address, and contact details at the top of the form.
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Provide any required identification numbers where indicated.
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Answer questions regarding your eligibility and circumstances accurately.
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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 provides the court with basic information about the debtor and the nature of their financial difficulties.
Who is required to file B1 (Official Form 1)?
Individuals or businesses seeking relief under the Bankruptcy Code must file B1 (Official Form 1) to formally begin the bankruptcy process. This includes those filing for Chapter 7, Chapter 11, or Chapter 13 bankruptcy.
How to fill out B1 (Official Form 1)?
To fill out B1 (Official Form 1), debtors need to provide their name, address, and social security number, along with details about their debts, assets, income, and expenses. The form also requires the debtor to sign under penalty of perjury.
What is the purpose of B1 (Official Form 1)?
The purpose of B1 (Official Form 1) is to formally notify the bankruptcy court and all creditors of the debtor's intent to file for bankruptcy protection, allowing them to understand the debtor's financial situation.
What information must be reported on B1 (Official Form 1)?
B1 (Official Form 1) requires debtors to report their name, address, social security number, the chapter under which they are filing, and a list of their creditors, along with the nature and amount of their debts.
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