Bankruptcy Forms
What next when you are faced with a debt you can't pay back, a self esteem that is fast disappearing, a constantly ringing phone from your creditors' calls and an overload of stress? Filing for Bankruptcy may be now your last straw to keep yourself afloat. But when you come across all that Bankruptcy Forms you have to fill, it will sure appear another daunting task. Here a look into the various forms which will be mandatory for one to fill while filing for Bankruptcy under any of the six Bankruptcy Code Chapters is given.
Commonly Bankruptcy filed under Chapter 7 and 13 are involving consumers or individuals who may represent the case on their own. Bankruptcy Forms are available for these on various websites and can be downloaded. Utmost care should be taken while filling them, Most other Bankruptcy petition are represented at the court through a lawyer and the forms for them are available with the federal and state online resources.
Chapters 7 & 13 entail different Bankruptcy forms namely:
- Form BI - Voluntary petition
- Form B3-Application to pay filing fees in installments
- Form B4- Creditors holding 20 largest Unsecured claims instructions
- Form B7-Statement of Financial Affairs
- Form B8-Debtor's statement of Intention ( Chapter 7)
- Form B21- Statement of Social security no(s)
- Form B22A- New
- Form B22C- New
The official schedules for filing bankruptcy yourself are:
- Form B6a: Schedule A - Real Property
- Form B6b: Schedule B - Personal Property
- Form B6c: Schedule C - Property claimed as exempt
- Form B6d: Schedule D - Creditors holding secured claims
- Form B6e: Schedule E - Creditors unsecured priority claims
- Form B6f: Schedule F - Creditors unsecured non priority claims
- Form B6g: Schedule G - Executory contracts and unexpired leases
- Form B6h: Schedule H - Co-debtors
- Form B6i: Schedule I - Current income of individual debtor(s)
- Form B6j: Schedule J: Current expenditures of individual debtor(s)
Special Instructions
Find the relevant forms online for the chapter under which you plan to file your petition. While downloading the form, take two or more copies of each. The first set of each is to be used for practice, after which you will transfer the contents to a fresh set of forms without any mistake. Also download the instructions particular for the form. Read through these instructions thoroughly before filling out the forms.
It is always advisable to take the pain and care to fill your Bankruptcy forms without any mistake and without forgetting any information. It sure pays because at the end of it all, that makes the difference of having your assets exempted from being taken away.
