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This form is used for filing a voluntary petition for bankruptcy under different chapters in the Bankruptcy Code. It contains sections for debtor information, including the name, address, nature of
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How to fill out B1 (Official Form 1)(12/11)

01
Begin by downloading the B1 (Official Form 1)(12/11) from the official website.
02
At the top of the form, fill in your personal identification information including your name, address, and contact details.
03
In the next section, provide details about your business entity, such as the name, type, and registration information.
04
If applicable, indicate the specific legal nature of your claim or case in the designated area.
05
Attach any necessary supporting documents that are required for your submission.
06
Review all the information entered to ensure accuracy and completeness.
07
Sign and date the form at the bottom to certify that the information provided is true.
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Submit the completed form according to the submission guidelines indicated on the website.

Who needs B1 (Official Form 1)(12/11)?

01
Individuals or businesses seeking to initiate a legal proceeding or action.
02
Anyone looking to officially register a claim or complaint with the authorities.
03
Legal representatives or attorneys filing on behalf of clients in relevant jurisdictions.
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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 initiate a bankruptcy case.
Any individual, partnership, corporation, or other entity seeking relief under the U.S. Bankruptcy Code is required to file B1 (Official Form 1)(12/11) as part of their bankruptcy petition.
To fill out B1 (Official Form 1)(12/11), individuals must provide personal information, details about any co-debtors, assets, liabilities, income, and expenditures, along with any other required disclosures as instructed on the form.
The purpose of B1 (Official Form 1)(12/11) is to formally declare bankruptcy, allowing the court to begin the bankruptcy process, assess the debtor's financial situation, and determine eligibility for the type of bankruptcy being filed.
The information that must be reported on B1 (Official Form 1)(12/11) includes the debtor's name, address, phone number, the type of bankruptcy being filed (Chapter 7 or Chapter 13), total assets, total liabilities, income sources, and a list of creditors.
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