Forms You Must File in Chapter 7 Bankruptcy in Broomfield, CO

Filing for Chapter 7 bankruptcy in Broomfield, CO requires a number of forms to be completed and submitted to the bankruptcy court. Here are some of the key forms you must file in Chapter 7 bankruptcy:

• Petition for Bankruptcy (Form Number B 101): This is the initial form that starts the bankruptcy process. It provides basic information about the debtor, such as their name, address, and social security number.
• Schedules of Assets and Liabilities (Form Number B 106 Summary): These forms list all of the debtor’s assets and liabilities, including real estate, personal property, and debts owed to creditors.
• Schedule A/B: Property (individuals) (Form Number B 106A/B): This form is used to list all of your assets and property, including real estate, vehicles, bank accounts, and personal property.
• The Property You Claim as Exempt (Form Number: B 106C): This form is used to list the property that you are allowed to keep, or exempt, from the bankruptcy process. This can include certain personal property, equity in your home, and retirement accounts.
• Creditors Who Hold Claims Secured by Property (Form Number B 106D): This form is used to list any creditors who hold a secured claim on your property, such as a mortgage or car loan.
• Creditors Who Have Unsecured Claims (Form Number: B 106E/F): This is a bankruptcy form used in the United States that requires the debtor to list all their unsecured creditors and the amount of debt owed to each of them. The form is used to determine how much each creditor will receive from the bankruptcy estate.
  
• Executory Contracts and Unexpired Leases (Form Number B 106G): This form is used in bankruptcy cases to list any contracts or leases that the debtor has not yet completed. Examples include leases for apartments or vehicles. The form helps to determine what the debtor’s ongoing obligations are and whether they can be terminated or renegotiated.
• Your Codebtors (Form Number B 106H): This form requires the debtor to list any codebtors, that is, anyone who is also responsible for any of the debts being discharged through bankruptcy. The form also requires information about the codebtor’s contact information, income, and expenses.
• Your Income (Form Number: B 106I): This form requires the debtor to list all sources of income, including wages, self-employment income, rental income, and any other sources. The form also requires information about the debtor’s spouse’s income if they are filing for bankruptcy jointly.
• Your Expenses (Form Number: B 106J): This form requires the debtor to list all their monthly expenses, such as rent, food, utilities, transportation, and other living expenses. The form is used to determine whether the debtor can afford to make payments to creditors after bankruptcy and what their disposable income is.
• Statement of Financial Affairs (Form Number B 107): This form provides information about the debtor’s financial history, such as any recent property transfers or lawsuits in which the debtor has been involved.
• Means Test Calculation (Form Number: B 122A-2): This form calculates the debtor’s income and expenses to determine whether they qualify for Chapter 7 bankruptcy.
• Statement of Intention (Form Number: B 108): This form tells the court whether the debtor intends to keep or surrender secured property, such as a home or car.
• Credit Counseling Certificate: Before filing for Chapter 7 bankruptcy, debtors must complete credit counseling from an approved agency and provide a certificate of completion.
• Chapter 7 Statement of Current Monthly Income (Form Number B 122A-1): This form provides information about the debtor’s income and expenses to determine their ability to pay off their debts.

Please note that the specific forms required for Chapter 7 bankruptcy may vary depending on the individual’s circumstances. The experienced bankruptcy attorneys at tha Law Office of Clark Daniel Dray can help you understand which forms you need to complete and guide you through the process to ensure a successful outcome.