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Official Form 122B Chapter 11 Statement of Your Current Monthly Income
What Is Official Form 122B?
This is a legal form that was released by the United States Bankruptcy Court on April 1, 2020 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Form 122B?
A: Form 122B is an official form used in Chapter 11 bankruptcies to report the debtor's current monthly income.
Q: What is Chapter 11 bankruptcy?
A: Chapter 11 bankruptcy is a type of bankruptcy that allows businesses and individuals with substantial debts to reorganize and continue operating while repaying their creditors.
Q: Who needs to fill out Form 122B?
A: Individuals filing for Chapter 11 bankruptcy need to fill out Form 122B to disclose their current monthly income.
Q: What information is required on Form 122B?
A: Form 122B requires information about the debtor's income, including wages, rental income, social security benefits, and other sources of income.
Q: Why is Form 122B important?
A: Form 122B is important because it helps determine the debtor's ability to repay debts in a Chapter 11 bankruptcy case.
Form Details:
- Released on April 1, 2020;
- The latest available edition released by the United States Bankruptcy Court;
- Easy to use and ready to print;
- Yours to fill out and keep for your records;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of Official Form 122B by clicking the link below or browse more documents and templates provided by the United States Bankruptcy Court.
Download Official Form 122B Chapter 11 Statement of Your Current Monthly Income
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