What forms should debtors fill out when filing for bankruptcy?

When filing for bankruptcy in Hawaii, debtors must fill out several forms required by the court. Depending on the type of bankruptcy filing, debtors must fill out the required forms as follows: For Chapter 7 Bankruptcy: Debtors must fill out the Official Bankruptcy Forms required by the U.S. Bankruptcy Court in Hawai, including a petition, schedules of assets and liabilities, and a statement of financial affairs. Other documents such as a statement of monthly income and expenses, transcripts of prior tax returns, and payment advices may also be required. For Chapter 13 Bankruptcy: Debtors must complete the Form B1 Voluntary Petition. Additionally, debtors must have the court-approved Chapter 13 Plan, which details how the debtor plans to repay their creditors, as well as a Statement of Current Income and Expenses. Lastly, all debtors must complete the means test to prove that their income is below the median income of the State of Hawaii. This form compares the debtor’s income to the median income of the state to ensure that the debtor is eligible for Chapter 7 bankruptcy. The specific forms that debtors must complete to file for bankruptcy depend upon their type of bankruptcy filing. However, in all cases, the debtor must fill out the forms required by the court to proceed with the filing.

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