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  • Official Form 309b (for Individuals Or Joint Debtors) - Uscourts

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Information to identify the case: Debtor 1 First Name Middle Name Last 4 digits of Social Security number or ITIN Last Name EIN Debtor 2 (Spouse, if filing) First Name Middle Name Last 4 digits of.

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How to use or fill out the Official Form 309B (For Individuals Or Joint Debtors) - Uscourts online

Filling out the Official Form 309B is an important step for individuals or joint debtors in a chapter 7 bankruptcy case. This guide will provide you with a clear, step-by-step approach to help you complete the form accurately and efficiently, ensuring you understand each component of the document.

Follow the steps to fill out the form correctly.

  1. Press the ‘Get Form’ button to access the Official Form 309B. This will open the form in your document editor.
  2. Begin by entering identifying information for Debtor 1. Fill in the first name, middle name, last name, and the last four digits of the Social Security number or ITIN as required.
  3. If applicable, move on to Debtor 2's information. This section is for your partner if you are filing jointly. Provide their first name, middle name, last name, and the last four digits of their Social Security number or ITIN.
  4. Next, indicate the district where you are filing the case and the relevant state information. Enter your case number if you have one.
  5. Complete the sections to indicate the dates for the filing of the case in chapter 7 and any conversions between chapters, ensuring you follow the required date format.
  6. Proceed to provide your full names, all other names used in the past eight years, and mailing addresses for both debtors. Include details of your attorney if you have one, along with their contact information.
  7. Identify the bankruptcy trustee by entering their name and address. This is the individual responsible for managing your case.
  8. Finally, review all entered information for accuracy. Make any necessary changes before proceeding to save your document.
  9. After ensuring all information is complete and accurate, you can save your progress, download the form, print it for your records, or share it as necessary.

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This is referred to as the “absolute priority rule.” This means that if a secured creditor receives favorable treatment in a Chapter 11 plan, general unsecured creditors would have to either be paid in full or receive nothing.

Most Chapter 11 debtors receive a moratorium on the payment of most of their general unsecured debts for the period between the filing of the case and the confirmation of a plan. This period usually lasts for six to twelve months.

Creditors' Rights for Unsecured Claims As an unsecured creditor, you can file a proof of claim, attend the first meeting of creditors, and file objections to the discharge. You can review the bankruptcy papers that were filed to determine whether there are any inaccuracies.

What Debts Are Discharged in Chapter 7 Bankruptcy? A Chapter 7 bankruptcy will generally discharge your unsecured debts, such as credit card debt, medical bills and unsecured personal loans. The court will discharge these debts at the end of the process, generally about four to six months after you start.

An unsecured creditor must first file a legal complaint in court and obtain a judgment before proceeding with collection through wage garnishment and other types of liquidated borrower-owned assets.

If you receive this notice, it means one of three things: The address you provided for the creditor in your bankruptcy paperwork was incorrect, The court sent you notice of your own bankruptcy via this form, or. Someone who owes you money filed bankruptcy.

5 Reasons Your Bankruptcy Case Could Be Denied The debtor failed to attend credit counseling. Their income, expenses, and debt would allow for a Chapter 13 filing. The debtor attempted to defraud creditors or the bankruptcy court. A previous debt was discharged within the past eight years under Chapter 7.

When a debtor fails to pay on an unsecured debt, the creditor can't directly take or repossess the debtor's property since no property backs the loan. Instead, unsecured creditors have a couple of general options available to them: Try to collect the debts directly by contacting the debtor and demanding payment.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232