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Case 09-83188 Doc 1 Filed 10/01/09 Entered 10/01/09 11 31 40 Document Page 1 of 45 Desc Main B4 Official Form 4 12/07 United States Bankruptcy Court Central District of Illinois In re Term City Inc. Case No. Chapter Debtor s LIST OF CREDITORS HOLDING 20 LARGEST UNSECURED CLAIMS Following is the list of the debtor s creditors holding the 20 largest unsecured claims.
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How to fill out bankruptcy 7 form b4:

01
Start by gathering all necessary documents, including income statements, a list of creditors, and a list of assets and liabilities.
02
Carefully read and understand the instructions provided with the form to ensure accurate completion.
03
Begin by entering your personal information, such as your name, address, and social security number, in the designated sections of the form.
04
Provide detailed information about your income, including all sources and amounts. Be sure to include any deductions or expenses related to your income.
05
List all creditors, their addresses, and the amount owed in the appropriate sections of the form. This includes both secured and unsecured creditors.
06
Disclose all of your assets, including real estate, vehicles, and personal property, along with their estimated values.
07
Complete the section regarding exemptions, which allows you to protect certain assets from being seized during the bankruptcy process.
08
Review the filled-out form for any errors or missing information before submitting it to the bankruptcy court.
09
Sign and date the form as required.

Who needs bankruptcy 7 form b4:

01
Individuals or businesses who are unable to repay their debts and are seeking a fresh financial start may need to file for bankruptcy under Chapter 7.
02
Those with overwhelming unsecured debt, such as credit card debt or medical bills, may choose to file for bankruptcy under Chapter 7.
03
Bankruptcy 7 form b4 is specifically required for individuals or businesses that are filing for bankruptcy under Chapter 7 in the United States.

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Bankruptcy 7 form b4 is a legal document used in the bankruptcy process. It is specifically used to report a debtor's property exemptions.
Any individual or business filing for bankruptcy under Chapter 7 of the Bankruptcy Code is required to fill out and file bankruptcy 7 form b4.
To fill out bankruptcy 7 form b4, one must provide detailed information about their property exemptions. This includes listing the specific exemptions claimed and their corresponding values.
The purpose of bankruptcy 7 form b4 is to provide the bankruptcy court and creditors with information about the debtor's property exemptions, which helps determine what assets can be protected from liquidation.
On bankruptcy 7 form b4, the debtor must report the specific property exemptions they are claiming, along with the corresponding values of each exemption.
The deadline to file bankruptcy 7 form b4 in 2023 may vary depending on the specific case. It is recommended to consult with a bankruptcy attorney or check with the bankruptcy court for the exact deadline.
The penalties for the late filing of bankruptcy 7 form b4 can vary depending on the jurisdiction and the specific circumstances. It may result in the denial of exemptions or other adverse consequences. It is important to file the form within the required timeframe to avoid any potential penalties.
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