The Wyoming Bankruptcy Petition Preparer's Notice, Declaration and Signature is a document that must be filed with the United States Bankruptcy Court in the event that a bankruptcy petition is prepared by a non-attorney. The document serves as the preparer's acknowledgement that he or she has complied with the requirements of the Bankruptcy Code and has not engaged in any prohibited conduct. The document consists of three parts: a Notice, a Declaration and a Signature. The Notice contains important information about the preparer's qualifications, fees and duties. The Declaration states that the preparer has followed all applicable requirements of the Bankruptcy Code and has not engaged in any prohibited conduct. The Signature is the preparer's signature, which must be notarized. There are two types of Wyoming Bankruptcy Petition Preparer's Notice, Declaration and Signature: for individuals filing for bankruptcy under Chapters 7 or 13, and for corporations or partnerships filing under Chapters 7, 11, 12, or 13.
Wyoming Bankruptcy Petition Preparer's Notice, Declaration and Signature
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How to fill out Wyoming Bankruptcy Petition Preparer's Notice, Declaration And Signature?
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They detail the debtor's income, assets, debts, expenses, and other aspects of the debtor's financial circumstances.
A chapter 13 bankruptcy is also called a wage earner's plan. It enables individuals with regular income to develop a plan to repay all or part of their debts. Under this chapter, debtors propose a repayment plan to make installments to creditors over three to five years.
: a written application by a debtor for the benefit of the Bankruptcy Act or by creditors to have a debtor adjudicated a bankrupt.
Consequences of a bankruptcy petition being presented Other creditors may become aware and your bank account could be frozen. Any transaction that you enter into will be void unless approved by the trustee in bankruptcy or the court. This could have severe implications on your business or sale of a property or asset.
A Bankruptcy petition is a collection of forms also known as schedules that disclose all of your financial information to the Bankruptcy Court. These forms will list all of your assets (real and personal property), monthly income and expenses and most importantly the liabilities and debts you wish to eliminate.
A petition preparer is a non-lawyer who helps bankruptcy debtors file their bankruptcy documents for a fee.