What forms should debtors fill out when filing for bankruptcy?
When filing for bankruptcy in Florida, debtors must file several forms to begin the process. First, the debtor must fill out and submit Form 6, which is also known as the Statement of Financial Affairs. This form requires the debtor to provide information about their income, expenses, assets, and liabilities. The debtor must also submit Form 7, known as the Bankruptcy Petition, which provides information about the type of bankruptcy they are filing for and the bankruptcy court they are filing in. Next, the debtor must submit Form 8, which is the Statement of Intention. This form allows debtors to indicate to creditors how they plan to repay their debts. The debtor must also submit Form 9, known as the Verification of Schedules, which provides information about the debtor’s legal residence and the names and contact information of their creditors. Finally, the debtor must fill out and submit Form 10, which is the Debtor’s Statement of Completion. This form indicates that the debtor has completed all of the necessary paperwork and is ready to proceed with the process of filing for bankruptcy. After filing these forms, debtors will need to attend a hearing before a bankruptcy judge to present the petition and answer any questions the judge may have.
Related FAQs
What is a pre-judgment remedy?What is the statute of limitations for judgments?
What are the legal rights and obligations of debtors and creditors?
What is the statute of limitations for filing a lawsuit?
How does mediation work in resolving debt disputes?
What are the advantages and disadvantages of debt settlement?
What is a secured creditor?
What is a reaffirmation agreement?
How can debtors protect themselves from debt collectors?
What is a secured debt?
Related Blog Posts
What Is Debtor and Creditor Law and What Does it Entail? - July 31, 2023Debtor and Creditor Rights: A Guide to Your Legal Protections - August 7, 2023
Debtor and Creditor Obligations: Understanding Your Roles - August 14, 2023
What Are the Common Types of Creditor Claims? - August 21, 2023
When Can Creditors Legally Take Possession of Your Property? - August 28, 2023