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This document is a voluntary petition filed by debtors Randy L. Thomas and Linda Thomas in the United States Bankruptcy Court for the Northern District of Illinois. It outlines the debts, assets,
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People Also Ask about
How to file Chapter 7 yourself?
How To File Chapter 7 Bankruptcy Without A Lawyer (11 Steps) Gather your financial information. Analyze Your Debts. Check for Judgments. Determine your qualifications for Chapter 7 bankruptcy. Review Your Assets And Choose Exemptions. Prepare the Chapter 7 bankruptcy documents. Take your pre-filing credit counseling.
What documents do I need to file 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. Recent mortgage statement(s) and real estate tax bills (if applicable)
What is the first step in filing Chapter 7?
Documents Needed to File Chapter 7 Your tax returns. Pay stubs. Appraisals of your home, jewelry, and other exempt assets. Your car titles.
How much debt do you have to have to file a Chapter 7?
1. Complete pre-bankruptcy credit counseling. You have to complete a pre-bankruptcy credit counseling course at least six months before you file. You can find an approved credit counseling agency through the Justice Department's database (or this database if you live in Alabama or North Carolina).
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What is B1 (Official Form 1)(1/08)?
B1 (Official Form 1)(1/08) is the official bankruptcy petition form used in the United States for individuals and businesses filing for bankruptcy under chapter 7 or chapter 13.
Who is required to file B1 (Official Form 1)(1/08)?
Individuals or entities who are seeking relief under the Bankruptcy Code in the United States are required to file B1 (Official Form 1)(1/08), which includes individuals, partnerships, corporations, and other businesses.
How to fill out B1 (Official Form 1)(1/08)?
To fill out B1 (Official Form 1)(1/08), individuals must provide personal information, details about their debts and assets, and financial affairs. It is important to accurately complete all sections of the form and provide truthful disclosures.
What is the purpose of B1 (Official Form 1)(1/08)?
The purpose of B1 (Official Form 1)(1/08) is to initiate the bankruptcy process by formally declaring an individual's or entity's intent to seek bankruptcy protection and to provide the court with detailed information regarding their financial situation.
What information must be reported on B1 (Official Form 1)(1/08)?
B1 (Official Form 1)(1/08) requires reporting personal and business information, details of creditors, description of assets, income, expenses, and any prior bankruptcy filings.
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