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This document is a voluntary petition filed under Chapter 11 by Ace Contracting, Inc. in the United States Bankruptcy Court for the District of Maryland. It provides details about the debtor's financial
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B 1 (Official Form 1) is the official bankruptcy petition form that individuals or entities use to initiate a bankruptcy case in U.S. federal court.
Any individual or business entity seeking relief under the U.S. Bankruptcy Code must file B 1 (Official Form 1) to start the bankruptcy process.
To fill out B 1 (Official Form 1), you must provide personal information, details about your debts and income, and list all assets. Follow the instructions that accompany the form for specific sections.
The purpose of B 1 (Official Form 1) is to officially declare your intention to file for bankruptcy, provide the court with necessary financial information, and trigger the automatic stay to protect you from creditors.
B 1 (Official Form 1) requires reporting information such as your name, address, social security number, details of your creditors, a list of your assets and liabilities, and any pending lawsuits or actions against you.
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