The South Carolina Certificate of Retention of Debtor in Possession — B 207 is a legal document that allows a debtor to retain possession of their property while going through bankruptcy proceedings. This certificate is specifically related to Chapter 7 bankruptcy cases in South Carolina. The purpose of the Certificate of Retention of Debtor in Possession — B 207 is to provide proof to the court that the debtor is authorized to retain and use certain property during the bankruptcy process. This property could include assets such as real estate, vehicles, or valuable personal belongings. By filing this certificate, the debtor notifies the court and other parties involved in the bankruptcy case about their intention to retain possession of the specified property. This certificate must be filed within a specific time frame as set by the court and should contain accurate and detailed information about the property being retained. It is important to note that the South Carolina Certificate of Retention of Debtor in Possession — B 207 is applicable only to Chapter 7 bankruptcy cases filed in South Carolina. Different types of certificates may exist for other types of bankruptcy filings or in different jurisdictions. However, the B 207 form is specific to South Carolina Chapter 7 cases. To obtain and complete the Certificate of Retention of Debtor in Possession — B 207, debtors should consult with their bankruptcy attorney or the court clerk to determine the specific requirements and procedures. It is crucial to accurately provide all necessary information to avoid any potential legal consequences of the bankruptcy process. In summary, the South Carolina Certificate of Retention of Debtor in Possession — B 207 is a legal document required for Chapter 7 bankruptcy cases in South Carolina. This certificate allows debtors to retain possession of certain property during the bankruptcy proceedings, with the intention of providing transparency and authorization to the court and other parties involved.