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This document is a voluntary petition filed under the Bankruptcy Code in the United States Bankruptcy Court for individuals or entities, detailing the debtor's information, the nature of their business,
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How to fill out B1 (Official Form 1)
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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.
Who is required to file B1 (Official Form 1)?
Any individual or business entity that wishes to declare bankruptcy and seek relief under the Bankruptcy Code is required to file B1 (Official Form 1).
How to fill out B1 (Official Form 1)?
To fill out B1 (Official Form 1), the filer must provide personal or business information, including debts, income, assets, and any prior bankruptcy filings, along with the required signature and date.
What is the purpose of B1 (Official Form 1)?
The purpose of B1 (Official Form 1) is to formally commence a bankruptcy proceeding, allowing the court to process the petition and provide relief to the filer from their debts.
What information must be reported on B1 (Official Form 1)?
The information that must be reported on B1 (Official Form 1) includes the debtor's name, address, social security number or taxpayer identification number, details of any co-debtors, and a summary of the debtor's assets and liabilities.
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