BANKRUPTCY CHAPTER 13
Explained in 10 Minutes
Free Chapter 13 Bankruptcy Forms
Filing for bankruptcy under Chapter 13 demands you as a debtor to submit before the federal bankruptcy court proof of your financial situation, as well as the request for relief under Chapter 13. Varying with the area of domicile of the debtor the free Chapter 13 bankruptcy forms that are to be submitted varies. Each court has its own rules that are to be followed by the debtor. While some free Chapter 13 forms are common to every court, additional local forms are also to be submitted to initiate the proceedings.
Before taking pains to fill the forms essential for bankruptcy proceedings, the debtor has to ensure that the date on the form used by him is the latest introduced by the court. Typically, each form has the month and year marked on the upper right corner.
The following schedules and statements have to be served before the Court no later than 14 calendar days after filing the voluntary petition. All the major schedules like the Schedule A on real estate, Schedule B on personal property, Schedule C giving out the details of property claimed exempt with its new form effective from 4/1/10, Schedule D on the creditors holding secured claims, Schedule E that has to provide details of unsecured creditors holding priority claims with its latest form effective 4/1/10, Schedule F providing details of unsecured creditors with non-priority claims, Schedule G with its executory contracts and unexpired lease details, Schedule H with information on co-debtors, Schedule I that is to be filled with the current income information, besides the Schedule J with the details of current expenditures are to be submitted to the Court.
The debtor seeking Chapter 13 bankruptcy is also demanded to provide declaration of debtor's schedules, statement of financial affairs in the updated form effective 4/1/10, statement of monthly income, and the copies of payment advice received from the employer within 60 days before filing the petition.
All the forms have to be signed by the debtors who are to provide the daytime phone number with area code along with these forms and filing fees. Ask about the various forms to be filled out before filing with the Court. Today there are numerous bankruptcy kits, bankruptcy forms and online bankruptcy software to assist you in your endeavor.
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