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This document is a Voluntary Petition filed in the United States Bankruptcy Court for Bothell Retail, LLC in the Western District of Washington. It outlines the financial status of the debtor and
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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 or businesses filing for bankruptcy under Chapter 7.
Individuals or businesses seeking to declare bankruptcy under Chapter 7 are required to file B1 (Official Form 1)(12/11).
To fill out B1 (Official Form 1)(12/11), applicants must provide personal information, financial details, and a list of creditors. It is crucial to follow the form's instructions and ensure that all required fields are completed.
The purpose of B1 (Official Form 1)(12/11) is to formally initiate the bankruptcy process, providing the bankruptcy court with essential information about the debtor's financial situation.
The B1 form requires reporting personal identification information, a summary of debts, income, expenses, and a list of creditors, as well as other relevant financial details.
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Relevant keywords

Bankruptcy Voluntary Petition Debtor United States Bankruptcy Court Financial Status Chapter 11 Tacoma Creditors Unsecured Claims Bothell Retail, LLC

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