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This document is a Voluntary Petition filed by Shotwell Transfer Station II, Inc. in the United States Bankruptcy Court for the Eastern District of North Carolina, indicating the company\'s intention to initiate bankruptcy proceedings under Chapter 11. The petition includes details about the debtor, their business address, estimated assets and liabilities, and information regarding creditors.

How to fill out voluntary petition

How to fill out voluntary petition

1. Obtain the mandatory forms from the local bankruptcy court or download them from the official website.
2. Carefully read the instructions provided for filling out the voluntary petition.
3. Fill out the petitioner’s information including your name, address, and social security number.
4. List all your debts, both secured and unsecured, along with the amount owed for each.
5. Detail your income sources, including employment, self-employment, and any other income.
6. List all your assets, such as real estate, vehicles, bank accounts, and personal property.
7. Complete the required schedules and statements as specified in the petition.
8. Sign and date the petition, affirming that the information is true to the best of your knowledge.
9. File the completed petition with the bankruptcy court, along with any required fees or fee waiver requests.

Who needs voluntary petition?

1. Individuals who are unable to pay their debts and wish to seek relief through bankruptcy.
2. Those experiencing overwhelming financial difficulties that cannot be resolved through other means.
3. Individuals looking to reorganize their debts under a structured plan in bankruptcy court.
4. Persons seeking protection from creditors and the possibility of a fresh financial start.

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What is voluntary petition?

A voluntary petition is a formal application filed by an individual or business to initiate the bankruptcy process and seek relief from debts.

Who is required to file voluntary petition?

Individuals or businesses that are unable to pay their debts can file a voluntary petition to seek bankruptcy protection.

How to fill out voluntary petition?

To fill out a voluntary petition, one must complete the required forms accurately and provide information about their debts, income, assets, and financial affairs.

What is the purpose of voluntary petition?

The purpose of a voluntary petition is to formally request relief from debts under the bankruptcy laws, allowing the filer to reorganize or eliminate obligations.

What information must be reported on voluntary petition?

The voluntary petition must report information including the debtor's name, address, types of debts, assets, income, and any pending lawsuits.