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This document is a Voluntary Petition filed in the United States Bankruptcy Court for the Western District of Washington by Pier 61, Inc. to initiate bankruptcy proceedings.
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How to fill out b1 official form 11211
How to fill out B1 (Official Form 1)(12/11)
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Begin by downloading the B1 (Official Form 1)(12/11) from the official website.
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Who needs B1 (Official Form 1)(12/11)?
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People Also Ask about
Will I lose my house if I file Chapter 11?
Chapter 7 – See Bankruptcy Code Section 707 – Because a trustee is appointed, the trustee may file an objection to a request for voluntary dismissal, and a hearing is required. Chapter 11 – See Bankruptcy Code Section 1112 – A debtor's request to dismiss requires a motion and an opportunity for a hearing.
Can a Chapter 11 be voluntarily dismissed?
This is typically initiated when creditors have determined that the debtor is unable to meet their financial obligations in repaying the debts to the creditors, and bankruptcy is the best option to recover those debts.
What is a voluntary petition for Chapter 11?
The voluntary petition will include standard information concerning the debtor's name(s), social security number or tax identification number, residence, location of principal assets (if a business), the debtor's plan or intention to file a plan, and a request for relief under the appropriate chapter of the Bankruptcy
What is a voluntary petition in Chapter 11?
A voluntary petition is a bankruptcy filing initiated by the debtor, while an involuntary petition is filed by the debtor's creditors. A voluntary petition is a more common filing and allows the debtor to choose the type of bankruptcy and the applicable chapter.
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What is B1 (Official Form 1)(12/11)?
B1 (Official Form 1)(12/11) is the official form used to initiate bankruptcy proceedings in the United States. It serves as a petition that individuals or entities must file with the court to declare bankruptcy.
Who is required to file B1 (Official Form 1)(12/11)?
Individuals or businesses seeking to declare bankruptcy and discharge their debts are required to file B1 (Official Form 1)(12/11) with the bankruptcy court.
How to fill out B1 (Official Form 1)(12/11)?
To fill out B1 (Official Form 1)(12/11), individuals or entities must provide accurate personal or business information, including their name, address, and details about debts and assets, following the prompts provided in the form.
What is the purpose of B1 (Official Form 1)(12/11)?
The purpose of B1 (Official Form 1)(12/11) is to formally declare bankruptcy, allowing debtors to seek relief from debts and provide the court with the necessary information to assess their financial situation.
What information must be reported on B1 (Official Form 1)(12/11)?
The information that must be reported on B1 (Official Form 1)(12/11) includes the debtor's identification details, a list of creditors, assets, liabilities, income, expenses, and any previous bankruptcy filings.
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