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This document is a Voluntary Petition for filing in the Eastern District of New York Bankruptcy Court by Syracuse Resort Development, Inc. It includes details about the debtors, joint debtors, their
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B1 (Official Form 1)(4/10) is a form used in bankruptcy proceedings in the United States. It is the official petition for individuals or businesses to initiate bankruptcy under the Title 11 of the U.S. Code.
Individuals or businesses who are seeking bankruptcy relief under Chapter 7, 11, or 13 of the U.S. Bankruptcy Code are required to file B1 (Official Form 1)(4/10).
To fill out B1 (Official Form 1)(4/10), the debtor must provide personal information like name, address, and social security number, and indicate the type of bankruptcy being filed. There are also sections to disclose assets and liabilities.
The purpose of B1 (Official Form 1)(4/10) is to officially commence bankruptcy proceedings, allowing debtors to seek legal protection from creditors, and to provide an outline of their financial situation to the court.
The information that must be reported includes the debtor's name and address, a statement of the debtor's financial affairs, the estimated number of creditors, the types of debts, and information on any previous bankruptcy filings.
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