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Get Form B1 - Voluntary Petition - Forms
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How to fill out the Form B1 - Voluntary Petition - Forms online
Filling out a bankruptcy petition can be a crucial step for people seeking relief from overwhelming debts. This guide provides a comprehensive overview of how to complete the Form B1 - Voluntary Petition online, ensuring clarity and support throughout the process.
Follow the steps to successfully complete your bankruptcy petition form.
- Click the ‘Get Form’ button to access the Form B1 - Voluntary Petition and open it in your preferred editing tool.
- Begin filling out the form by entering the name of the debtor. If the debtor is an individual, provide their last name, followed by their first and middle names.
- If applicable, enter the name of the joint debtor (spouse) with the same format as above.
- List all other names used by the debtor in the last six years, including married, maiden, and trade names.
- Provide the social security or tax identification number of the debtor. If there are multiple numbers, include all.
- Enter the street address of the debtor, including the number, street name, city, state, and zip code.
- If applicable, fill in the street address of the joint debtor in the same format.
- Indicate the county of residence or the principal place of business for both the debtor and joint debtor.
- Complete the mailing address section if it differs from the street address provided.
- If the debtor is a business, provide the location of the principal assets.
- In the section regarding the debtor's information, check the applicable boxes to indicate venue and any relevant financial details.
- Select the chapter option under which the petition is being filed by checking the appropriate box.
- Identify the nature of debts by checking the relevant box, either consumer/non-business or business-related.
- For the filing fee, check the appropriate option that indicates how the fee will be handled.
- Provide estimates for statistical and administrative information regarding the number of creditors, assets, and debts.
- Complete the section regarding any past bankruptcy cases, providing necessary details for each.
- Signatures from the debtor and, if applicable, the joint debtor are required to finalize the petition.
- After completing the form, review all entries for accuracy, save changes, and then proceed to download or print the finalized document.
Take the next step towards financial relief by completing your bankruptcy petition online today.
However, each of your creditors must file a proof of claim (described below) within a certain time to prove how much you owe. If a creditor fails to do so, then the bankruptcy trustee will not make any payments to that creditor.
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