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This document is a requirement in a Chapter 11 or Chapter 9 bankruptcy case, outlining the 20 largest unsecured claims against the debtor. It includes detailed information about each creditor, the nature of their claims, and the corresponding amounts.
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Official Form 204 is a document used in the bankruptcy process to provide detailed information about the debtor's financial situation including debts, assets, and income.
Individuals or entities filing for bankruptcy are required to complete and submit Official Form 204 as part of their bankruptcy petition.
To fill out Official Form 204, the debtor must provide accurate information regarding their creditors, assets, liabilities, and financial affairs, following the instructions provided on the form.
The purpose of Official Form 204 is to disclose important financial information that helps the bankruptcy court evaluate the debtor's financial condition and the feasibility of a bankruptcy plan.
On Official Form 204, the debtor must report the names and addresses of creditors, the nature and amount of debts, income sources, and details about assets including real and personal property.
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