Voluntary Petition Form – Fill Out and Use This PDF

The Voluntary Petition form, officially known as Form B1, serves as the initial document filed by individuals or entities to initiate bankruptcy proceedings under the United States Bankruptcy Code. This form captures essential details about the debtor, including their name, address, the type of bankruptcy being filed, and a summary of their financial situation. For those considering bankruptcy, understanding and completing this form accurately is a crucial first step toward financial recovery.

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Voluntary Petition Form PDF Details

Navigating the complexities of bankruptcy can be a daunting process, yet understanding the Voluntary Petition (Official Form 1) is a crucial step in this endeavor. This form functions as the gateway to declaring bankruptcy, whether for an individual, a partnership, or a corporation, in the United States Bankruptcy Court. It meticulously gathers essential details about the debtor, including names (current and any used in the prior eight years), addresses, the type of debtor (ranging from health care business to tax-exempt organization), and the specific chapter under the Bankruptcy Code the petition is filed. Additionally, it addresses financial specifics such as assets and liabilities, the debtor’s business nature, and details concerning any prior bankruptcy cases. Crucially, it delves into whether debts are predominantly consumer or business-related and outlines the fee structure, including any requests for waivers or installment payments. The form also encompasses declarations regarding public health or safety risks posed by the debtor's property, an aspect underscoring the breadth of considerations in the bankruptcy process. The requirement for signatures from both the debtor and an attorney (if applicable) ensures accountability and the veracity of the information provided. By elucidating this form’s components, debtors can embark on the filing process with a foundational understanding of its requirements and implications.

Question	Answer
Form Name	Voluntary Petition Form
Form Length	3 pages
Fillable?	Yes
Fillable fields	15
Avg. time to fill out	3 min 45 sec
Other names	official form 1, bankruptcy form petition, bankruptcy voluntary, petition form bankruptcy

Form Preview Example

B1 (Official Form 1) (04/13)

UNITED STATES BANKRUPTCY COURT

VOLUNTARY PETITION

__________ District of __________

Name of Debtor (if individual, enter Last, First, Middle):

Name of Joint Debtor (Spouse) (Last, First, Middle):

All Other Names used by the Debtor in the last 8 years

All Other Names used by the Joint Debtor in the last 8 years

(include married, maiden, and trade names):

Last four digits of Soc. Sec. or Individual-Taxpayer I.D. (ITIN)/Complete EIN

(if more than one, state all):

Street Address of Debtor (No. and Street, City, and State):

Street Address of Joint Debtor (No. and Street, City, and State):

ZIP CODE

County of Residence or of the Principal Place of Business:

Mailing Address of Debtor (if different from street address):

Mailing Address of Joint Debtor (if different from street address):

ZIP CODE

Location of Principal Assets of Business Debtor (if different from street address above):

ZIP CODE

Type of Debtor

Nature of Business

Chapter of Bankruptcy Code Under Which

(Form of Organization)

(Check one box.)

the Petition is Filed (Check one box.)

(Check one box.)

Health Care Business

Chapter 7

Chapter 15 Petition for

Individual (includes Joint Debtors)

Single Asset Real Estate as defined in

Chapter 9

Recognition of a Foreign

See Exhibit D on page 2 of this form.

11 U.S.C. § 101(51B)

Chapter 11

Main Proceeding

Corporation (includes LLC and LLP)

Railroad

Chapter 12

Chapter 15 Petition for

Partnership

Stockbroker

Chapter 13

Recognition of a Foreign

Other (If debtor is not one of the above entities, check

Commodity Broker

Nonmain Proceeding

this box and state type of entity below.)

Clearing Bank

Other

Chapter 15 Debtors

Tax-Exempt Entity

Nature of Debts

Country of debtor’s center of main interests:

(Check box, if applicable.)

(Check one box.)

Debts are primarily consumer

Debts are

Debtor is a tax-exempt organization

Each country in which a foreign proceeding by, regarding, or

debts, defined in 11 U.S.C.

primarily

under title 26 of the United States

§ 101(8) as “incurred by an

business debts.

against debtor is pending:

Code (the Internal Revenue Code).

individual primarily for a

personal, family, or

household purpose.”

Filing Fee (Check one box.)

Check one box:

Chapter 11 Debtors

Full Filing Fee attached.

Debtor is a small business debtor as defined in 11 U.S.C. § 101(51D).

Filing Fee to be paid in installments (applicable to individuals only). Must attach

Debtor is not a small business debtor as defined in 11 U.S.C. § 101(51D).

Check if:

signed application for the court’s consideration certifying that the debtor is

unable to pay fee except in installments. Rule 1006(b). See Official Form 3A.

Debtor’s aggregate noncontingent liquidated debts (excluding debts owed to

insiders or affiliates) are less than $2,490,925 (amount subject to adjustment

Filing Fee waiver requested (applicable to chapter 7 individuals only). Must

on 4/01/16 and every three years thereafter).

attach signed application for the court’s consideration. See Official Form 3B.

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -

Check all applicable boxes:

A plan is being filed with this petition.

Acceptances of the plan were solicited prepetition from one or more classes

of creditors, in accordance with 11 U.S.C. § 1126(b).

Statistical/Administrative Information

THIS SPACE IS FOR

Debtor estimates that funds will be available for distribution to unsecured creditors.

COURT USE ONLY

Debtor estimates that, after any exempt property is excluded and administrative expenses paid, there will be no funds available for

distribution to unsecured creditors.

Estimated Number of Creditors

1-49

50-99

100-199

200-999

1,000-

5,001-

10,001-

25,001-

50,001-

Over

5,000

10,000

25,000

50,000

100,000

Estimated Assets

$0 to

$50,001 to

$100,001 to

$500,001

$1,000,001

$10,000,001

$50,000,001

$100,000,001

$500,000,001

More than

$50,000

$100,000

$500,000

to $1

to $10

to $50

to $100

to $500

to $1 billion

$1 billion

million

Estimated Liabilities

$0 to

$50,001 to

$100,001 to

$500,001

$1,000,001

$10,000,001

$50,000,001

$100,000,001

$500,000,001

More than

$50,000

$100,000

$500,000

to $1

to $10

to $50

to $100

to $500

to $1 billion

$1 billion

million

B1 (Official Form 1) (04/13)	Page 2
Voluntary Petition	Name of Debtor(s):
(This page must be completed and filed in every case.)

All Prior Bankruptcy Cases Filed Within Last 8 Years (If more than two, attach additional sheet.)

Location		Case Number:	Date Filed:
Where Filed:			Date Filed:
Location		Case Number:	Date Filed:
Where Filed:
	Pending Bankruptcy Case Filed by any Spouse, Partner, or Affiliate of this Debtor (If more than one, attach additional sheet.)
Name of Debtor:		Case Number:	Date Filed:
			Judge:
District:		Relationship:	Judge:

Exhibit A	Exhibit B
(To be completed if debtor is required to file periodic reports (e.g., forms 10K and	(To be completed if debtor is an individual
10Q) with the Securities and Exchange Commission pursuant to Section 13 or 15(d)	whose debts are primarily consumer debts.)
of the Securities Exchange Act of 1934 and is requesting relief under chapter 11.)	I, the attorney for the petitioner named in the foregoing petition, declare that I have

	informed the petitioner that [he or she] may proceed under chapter 7, 11, 12, or 13
	of title 11, United States Code, and have explained the relief available under each
	such chapter. I further certify that I have delivered to the debtor the notice required
Exhibit A is attached and made a part of this petition.	by 11 U.S.C. § 342(b).
	X

	Signature of Attorney for Debtor(s)	(Date)

Exhibit C

Does the debtor own or have possession of any property that poses or is alleged to pose a threat of imminent and identifiable harm to public health or safety?

Yes, and Exhibit C is attached and made a part of this petition.

No.

Exhibit D

(To be completed by every individual debtor. If a joint petition is filed, each spouse must complete and attach a separate Exhibit D.)

Exhibit D, completed and signed by the debtor, is attached and made a part of this petition.

If this is a joint petition:

Exhibit D, also completed and signed by the joint debtor, is attached and made a part of this petition.

Information Regarding the Debtor - Venue

(Check any applicable box.)

Debtor has been domiciled or has had a residence, principal place of business, or principal assets in this District for 180 days immediately preceding the date of this petition or for a longer part of such 180 days than in any other District.

There is a bankruptcy case concerning debtor’s affiliate, general partner, or partnership pending in this District.

Debtor is a debtor in a foreign proceeding and has its principal place of business or principal assets in the United States in this District, or has no principal place of business or assets in the United States but is a defendant in an action or proceeding [in a federal or state court] in this District, or the interests of the parties will be served in regard to the relief sought in this District.

Certification by a Debtor Who Resides as a Tenant of Residential Property

(Check all applicable boxes.)

Landlord has a judgment against the debtor for possession of debtor’s residence. (If box checked, complete the following.)

(Name of landlord that obtained judgment)

(Address of landlord)

Debtor claims that under applicable nonbankruptcy law, there are circumstances under which the debtor would be permitted to cure the entire monetary default that gave rise to the judgment for possession, after the judgment for possession was entered, and

Debtor has included with this petition the deposit with the court of any rent that would become due during the 30-day period after the filing of the petition.

Debtor certifies that he/she has served the Landlord with this certification. (11 U.S.C. § 362(l)).

B1 (Official Form 1) (04/13)	Page 3
Voluntary Petition	Name of Debtor(s):

(This page must be completed and filed in every case.)

Signatures

	Signature(s) of Debtor(s) (Individual/Joint)		Signature of a Foreign Representative
I declare under penalty of perjury that the information provided in this petition is true		I declare under penalty of perjury that the information provided in this petition is true
and correct.		and correct, that I am the foreign representative of a debtor in a foreign proceeding,
[If petitioner is an individual whose debts are primarily consumer debts and has		and that I am authorized to file this petition.
chosen to file under chapter 7] I am aware that I may proceed under chapter 7, 11, 12		(Check only one box.)
or 13 of title 11, United States Code, understand the relief available under each such		(Check only one box.)

chapter, and choose to proceed under chapter 7.			I request relief in accordance with chapter 15 of title 11, United States Code.
[If no attorney represents me and no bankruptcy petition preparer signs the petition] I
			Certified copies of the documents required by 11 U.S.C. § 1515 are attached.
have obtained and read the notice required by 11 U.S.C. § 342(b).

I request relief in accordance with the chapter of title 11, United States Code,			Pursuant to 11 U.S.C. § 1511, I request relief in accordance with the
		chapter of title 11 specified in this petition. A certified copy of the
specified in this petition.			order granting recognition of the foreign main proceeding is attached.
X		X
	Signature of Debtor		(Signature of Foreign Representative)
X
	Signature of Joint Debtor		(Printed Name of Foreign Representative)

	Telephone Number (if not represented by attorney)		Date
			Date
	Date
	Signature of Attorney*		Signature of Non-Attorney Bankruptcy Petition Preparer
X		I declare under penalty of perjury that:		(1) I am a bankruptcy petition preparer as
	Signature of Attorney for Debtor(s)	defined in 11 U.S.C. § 110; (2) I prepared this document for compensation and have
		provided the debtor with a copy of this document and the notices and information
	Printed Name of Attorney for Debtor(s)	required under 11 U.S.C. §§ 110(b), 110(h), and 342(b); and, (3) if rules or
		guidelines have been promulgated pursuant to 11 U.S.C. § 110(h) setting a maximum
	Firm Name	fee for services chargeable by bankruptcy petition preparers, I have given the debtor
		notice of the maximum amount before preparing any document for filing for a debtor
		or accepting any fee from the debtor, as required in that section. Official Form 19 is
		attached.
	Address

	Telephone Number		Printed Name and title, if any, of Bankruptcy Petition Preparer

	Date
*In a case in which § 707(b)(4)(D) applies, this signature also constitutes a			Social-Security number (If the bankruptcy petition preparer is not an individual,
			state the Social-Security number of the officer, principal, responsible person or
certification that the attorney has no knowledge after an inquiry that the information			partner of the bankruptcy petition preparer.) (Required by 11 U.S.C. § 110.)
in the schedules is incorrect.

	Signature of Debtor (Corporation/Partnership)
I declare under penalty of perjury that the information provided in this petition is true
			Address
and correct, and that I have been authorized to file this petition on behalf of the
debtor.		X
The debtor requests the relief in accordance with the chapter of title 11, United States		X
			Signature
Code, specified in this petition.
X
X			Date
	Signature of Authorized Individual
		Signature of bankruptcy petition preparer or officer, principal, responsible person, or
	Printed Name of Authorized Individual
	Printed Name of Authorized Individual	partner whose Social-Security number is provided above.

	Title of Authorized Individual	Names and Social-Security numbers of all other individuals who prepared or assisted

		in preparing this document unless the		bankruptcy petition preparer is not an
	Date	in preparing this document unless the		bankruptcy petition preparer is not an
	Date	individual.
		individual.
		If more than one person prepared this document, attach additional sheets conforming
		to the appropriate official form for each person.
		A bankruptcy petition preparer’s failure to comply with the provisions of title 11 and
		the Federal Rules of Bankruptcy Procedure may result in fines or imprisonment or
		both. 11 U.S.C. § 110; 18 U.S.C. § 156.

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