Chapter 7 Bankruptcy Forms Explained
Filing for Chapter 7 bankruptcy can be a difficult and confusing process. It is essential to understand the various forms associated with filing for Chapter 7 bankruptcy prior to taking such action. The following information outlines what forms are necessary when filing for Chapter 7 bankruptcy as well as provides an explanation of each form.
When filing for Chapter 7 bankruptcy, there are several forms that must be completed by the filer in order to submit the petition properly. These forms include the Petition, Schedules A-J, Statement of Financial Affairs, and Means Test Form 22A or 22C. The Petition is a summary of all debts that have been incurred by the filer and serves as a legal document to show creditors that you are declaring yourself bankrupt through Chapter 7 proceedings.
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