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Official Voluntary Petition for Bankruptcy filed by Laguna LLC, a New Mexico Limited Liability Company, in 2012, detailing debtor information and filing requirements.
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How to fill out voluntary petition
How to fill out voluntary petition
01
Obtain the necessary forms for the voluntary petition, which can typically be found on the court's website or obtained from the court clerk.
02
Fill out the form with your personal information, including your name, address, and contact information.
03
Provide detailed information about your financial situation, including your assets, liabilities, income, and expenses.
04
Disclose any previous bankruptcies or other relevant financial information.
05
Sign and date the petition, certifying that the information provided is true and accurate.
06
File the completed petition with the court and pay any required filing fees.
07
Attend the required meetings and hearings as scheduled by the court.
Who needs voluntary petition?
01
Individuals or businesses who are unable to pay their debts and are seeking bankruptcy protection may need to fill out a voluntary petition.
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What is voluntary petition?
A voluntary petition is a legal document filed by an individual or business to initiate bankruptcy proceedings under the U.S. Bankruptcy Code. It indicates the debtor's intention to seek relief from debts.
Who is required to file voluntary petition?
Individuals or businesses that are unable to repay their debts and wish to pursue bankruptcy protection can file a voluntary petition.
How to fill out voluntary petition?
To fill out a voluntary petition, one must complete the official forms provided by the bankruptcy court, providing personal information, asset details, income, expenses, and other financial information.
What is the purpose of voluntary petition?
The purpose of a voluntary petition is to formally request a bankruptcy court to discharge or reorganize debts, providing relief to the debtor and enabling a fresh start.
What information must be reported on voluntary petition?
The voluntary petition must report personal details, a list of assets and liabilities, income and expenses, financial transactions, and any prior bankruptcy filings.
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