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This document is a Voluntary Petition filed in the United States Bankruptcy Court for the Eastern District of North Carolina. It outlines the details of the debtor, Homesource Properties, LLC, including
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Begin by downloading the B1 (Official Form 1)(1/08) from the official website.
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Read the instructions provided with the form carefully.
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Fill in your personal information in the designated fields, including your name, address, and contact information.
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Provide details about your income, expenditures, and any debts.
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Review all the information to ensure accuracy and completeness.
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Submit the completed form via the prescribed method (mail, online, etc.) to the appropriate authority.

Who needs B1 (Official Form 1)(1/08)?

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Individuals applying for a specific government benefit or program.
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Businesses needing to report certain financial or legal information.
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Anyone required to submit financial information to regulatory authorities.
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How To File Chapter 7 Bankruptcy Without A Lawyer (11 Steps) Gather your financial information. Analyze Your Debts. Check for Judgments. Determine your qualifications for Chapter 7 bankruptcy. Review Your Assets And Choose Exemptions. Prepare the Chapter 7 bankruptcy documents. Take your pre-filing credit counseling.
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. Recent mortgage statement(s) and real estate tax bills (if applicable)
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1. Complete pre-bankruptcy credit counseling. You have to complete a pre-bankruptcy credit counseling course at least six months before you file. You can find an approved credit counseling agency through the Justice Department's database (or this database if you live in Alabama or North Carolina).

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B1 (Official Form 1) (1/08) is the official form used for filing a petition for bankruptcy under Chapter 7 or Chapter 11 in the United States. It provides necessary information about the debtor and their financial situation.
Individuals or businesses seeking to declare bankruptcy under Chapter 7 or Chapter 11 are required to file B1 (Official Form 1) (1/08). This includes those with overwhelming debt or in need of financial relief.
To fill out B1 (Official Form 1) (1/08), the petitioner must provide detailed information regarding their personal and financial status, including assets, debts, income, and expenses, ensuring accuracy and completeness.
The purpose of B1 (Official Form 1) (1/08) is to formally initiate bankruptcy proceedings by providing the court with a clear overview of the debtor's financial status and their intent to discharge debts or reorganize.
B1 (Official Form 1) (1/08) requires the reporting of the debtor's name, address, social security number, details of assets, liabilities, income, and expenses, as well as any prior bankruptcy filings.
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