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This document is a Voluntary Petition filed under the U.S. Bankruptcy Code for Big Sky Motorsports, Inc., located in the Eastern District of Michigan. It includes details about debtors, joint debtors,
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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.
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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.
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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
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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 form used to initiate a bankruptcy case in the United States. It serves as the petition for bankruptcy, outlining the debtor's intention to seek relief under the bankruptcy code.
Who is required to file B1 (Official Form 1)?
Individuals or entities who wish to declare bankruptcy and seek legal protection from creditors are required to file B1 (Official Form 1). This includes individuals filing for Chapter 7 or Chapter 13 bankruptcy.
How to fill out B1 (Official Form 1)?
To fill out B1 (Official Form 1), the debtor must provide their personal information, including name, address, and social security number. They must also indicate the type of bankruptcy they are filing for and provide a brief explanation of their financial situation, debts, and income.
What is the purpose of B1 (Official Form 1)?
The purpose of B1 (Official Form 1) is to formally and legally initiate bankruptcy proceedings, allowing the debtor to receive relief from their debts and giving the court and creditors a basis to proceed with the bankruptcy case.
What information must be reported on B1 (Official Form 1)?
B1 (Official Form 1) requires information such as the debtor's name, address, social security number, the type of bankruptcy being filed, and a summary of debts and financial situation. It also requires the debtor to sign the form under penalty of perjury, certifying that the information is accurate.
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