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This is a voluntary petition for bankruptcy under Chapter 11 filed by Gary Phillips Construction, LLC. It includes details about the debtor's financial status, assets, liabilities, and creditor information
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How to fill out B1 (Official Form 1)
01
Obtain a copy of B1 (Official Form 1) from the relevant authority or their website.
02
Read the instructions carefully to ensure you understand the requirements.
03
Fill in your personal information at the top, including your name, address, and contact details.
04
Provide the required identification information, such as your Social Security Number or other identifiers.
05
Complete the sections relevant to your case, detailing the necessary information and documentation.
06
Review your entries for accuracy and completeness before submitting.
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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 for individuals or entities to file for bankruptcy under Title 11 of the United States Code.
Who is required to file B1 (Official Form 1)?
Individuals or businesses seeking to declare bankruptcy and obtain relief from creditors are required to file B1 (Official Form 1). This includes those filing for Chapter 7, Chapter 11, or Chapter 13 bankruptcy.
How to fill out B1 (Official Form 1)?
To fill out B1 (Official Form 1), download the form from the U.S. Courts website, provide all necessary personal and financial information, including your income, debts, and assets, and ensure that all sections are complete and accurate before submitting it to the appropriate bankruptcy court.
What is the purpose of B1 (Official Form 1)?
The purpose of B1 (Official Form 1) is to initiate bankruptcy proceedings by formally declaring one's inability to pay debts, seeking legal protection from creditors, and allowing for a reorganization or liquidation of assets as part of the bankruptcy process.
What information must be reported on B1 (Official Form 1)?
B1 (Official Form 1) requires the reporting of personal information such as name, address, social security number, details of current income and expenses, a list of debts and creditors, and a declaration of assets owned at the time of filing.
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