Voluntary Petition For Individuals Filing For Bankrupcy {B101}

Official Form 101 - VOLUNTARY PETITION FOR INDIVIDUALS FILING FOR BANKRUPTCY. The form is used to file for bankruptcy in the U.S. It collects personal information about the debtor, including names, Social Security numbers, and addresses. It asks which bankruptcy chapter the debtor is filing under, how they will pay the filing fee, and if they have received required credit counseling. It also inquires about any hazardous property, business ownership, and financial details such as types of debts, estimated number of creditors, and asset and liability estimates. The form must be signed by the debtor(s) and, if applicable, their attorney, and includes declarations about the accuracy of the information and understanding of the bankruptcy process. The bankruptcy forms use you and Debtor 1 to refer to a debtor filing alone. A married couple may file a bankruptcy case together—called a joint case—and in joint cases, these forms use you to ask for information from both debtors. For example, if a form asks, “Do you own a car,” the answer would be yes if either debtor owns a car. When information is needed about the spouses separately, the form uses Debtor 1 and Debtor 2 to distinguish between them. In joint cases, one of the spouses must report information as Debtor 1 and the other as Debtor 2. The same person must be Debtor 1 in all of the forms. Be as complete and accurate as possible. If two married people are filing together, both are equally responsible for supplying correct information. If more space is needed, attach a separate sheet to this form. On the top of any additional pages, write your name and case number (if known). Answer every question. www.FormsWorkflow.com