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This is a voluntary petition form for filing bankruptcy under various chapters of the Bankruptcy Code, to be used in the United States Bankruptcy Court in the Western District of Washington. It requires
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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.
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.
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
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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B1 (Official Form 1)(12/11) is the official bankruptcy petition form used in the United States for individuals and businesses to file for bankruptcy under Chapter 7 or Chapter 13 of the Bankruptcy Code.
Individuals or business entities seeking relief from debts through bankruptcy are required to file B1 (Official Form 1)(12/11) as part of their bankruptcy proceedings.
To fill out B1 (Official Form 1)(12/11), provide accurate personal or business information, including name, address, social security number, and details about creditors and debts. Follow the instructions on the form carefully to ensure all required information is included.
The purpose of B1 (Official Form 1)(12/11) is to officially initiate a bankruptcy case by providing the court with necessary information about the debtor's financial situation and debts.
The information that must be reported on B1 (Official Form 1)(12/11) includes the debtor's identity, type of bankruptcy filed, a summary of debts, a list of creditors, and other financial disclosures as required by the bankruptcy court.
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