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This document is a Voluntary Petition filed by TLD Ventures, LLC under Chapter 11 of the Bankruptcy Code in the United States Bankruptcy Court for the Eastern District of Oklahoma. It includes details about the debtor\'s name, business activities, financial status, assets, liabilities, and the legal representation involved in the bankruptcy proceedings.
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What is voluntary petition for non-individuals?
A voluntary petition for non-individuals is a legal document filed by businesses or entities seeking bankruptcy protection under the Bankruptcy Code, indicating their decision to initiate bankruptcy proceedings.
Who is required to file voluntary petition for non-individuals?
Any business entity, such as corporations, partnerships, or limited liability companies, that is unable to meet its financial obligations and seeks bankruptcy protection is required to file a voluntary petition for non-individuals.
How to fill out voluntary petition for non-individuals?
To fill out a voluntary petition for non-individuals, the entity must provide detailed information about its financial situation, including assets, liabilities, income, expenses, and a list of creditors, using the appropriate forms provided by the bankruptcy court.
What is the purpose of voluntary petition for non-individuals?
The purpose of the voluntary petition for non-individuals is to seek relief from debts, to reorganize or liquidate assets, and to obtain a fresh start financially through the bankruptcy process.
What information must be reported on voluntary petition for non-individuals?
Information that must be reported includes the entity's name, address, the basis of its bankruptcy filing, details of its financial condition, a list of assets and liabilities, and the names of creditors and their claims.
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