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This document is a bankruptcy petition filed by ILLINOIS CORPORATE RESOURCE, INC in the United States Bankruptcy Court for the Western District of Oklahoma under Chapter 11. It includes details about the debtor, their legal representation, and lists of creditors and equity security holders.
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How to fill out voluntary petition for non-individuals

01
Gather necessary financial documents and information about debts and assets.
02
Obtain the appropriate voluntary petition form for non-individuals from the court or legal website.
03
Complete the form by filling in details such as the name, address, and type of business entity.
04
Provide a detailed list of the entity's assets, liabilities, and any additional financial information required.
05
Review the completed petition for accuracy and ensure all required signatures are included.
06
File the petition with the appropriate bankruptcy court and pay any associated filing fees.

Who needs voluntary petition for non-individuals?

01
Businesses or organizations facing financial distress.
02
Non-individual entities that are unable to pay their debts.
03
Corporations, partnerships, or LLCs seeking bankruptcy protection.
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A voluntary petition for non-individuals is a legal document filed by businesses, corporations, or partnerships seeking relief under bankruptcy laws. It allows them to initiate bankruptcy proceedings voluntarily.
Any non-individual entity, such as corporations, limited liability companies (LLCs), or partnerships, that is in financial distress and seeks bankruptcy protection may file a voluntary petition.
To fill out a voluntary petition for non-individuals, one must complete the official bankruptcy forms, provide required financial information, state the type of bankruptcy being filed, and disclose any relevant legal details.
The purpose of a voluntary petition for non-individuals is to allow an entity to reorganize its debts, liquidate assets, or obtain a discharge from certain obligations under the protections of bankruptcy law.
The petition must report the entity's name, address, type of business, details of its financial situation including assets and liabilities, and the type of bankruptcy being sought.
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