Instructions for Form B2070 Certificate of Retention of Debtor in Possession

Instructions for Form B2070 Certificate of Retention of Debtor in Possession

This document contains official instructions for Form B2070 , Certificate of Retention of Debtor in Possession - a form released and collected by the United States Bankruptcy Court. An up-to-date fillable Form B2070 is available for download through this link.

FAQ

Q: What is Form B2070?A: Form B2070 is the Certificate of Retention of Debtor in Possession.

Q: Who should use Form B2070?A: Debtors in possession should use Form B2070.

Q: What is a debtor in possession?A: A debtor in possession is a person or entity that is allowed to continue operating a business while under bankruptcy protection.

Q: What is the purpose of Form B2070?A: The purpose of Form B2070 is to provide a certificate stating that the debtor in possession is authorized to retain and operate certain property.

Q: What information is required on Form B2070?A: Form B2070 requires the debtor's name, case number, and a description of the property the debtor is authorized to retain.

Q: How should I submit Form B2070?A: Form B2070 should be filed with the bankruptcy court where the debtor's case is pending.

Q: Are there any fees associated with filing Form B2070?A: There may be fees associated with filing Form B2070, which can vary depending on the bankruptcy court and local rules.

Q: Can Form B2070 be modified or supplemented?A: Yes, Form B2070 can be modified or supplemented as necessary to provide additional information or correct any errors.

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Instruction Details:

  • This 1-page document is available for download in PDF;
  • Actual and applicable for the current year;
  • Complete, printable, and free.

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