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This version of the form is not currently in use and is provided for reference only. Download this version of
Official Form 122B
for the current year.
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 December 1, 2015 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is Official Form 122B?
A: Official Form 122B is a bankruptcy form used for Chapter 11 bankruptcy cases.
Q: What is Chapter 11 bankruptcy?
A: Chapter 11 bankruptcy is a form of bankruptcy that allows businesses to reorganize their debts and continue operating.
Q: What is the Statement of Your Current Monthly Income?
A: The Statement of Your Current Monthly Income is a section of Official Form 122B that requires the debtor to outline their current monthly income.
Q: Why is the Statement of Your Current Monthly Income important?
A: The Statement of Your Current Monthly Income determines the debtor's eligibility for Chapter 11 bankruptcy and helps in devising a repayment plan.
Q: What information is included in the Statement of Your Current Monthly Income?
A: The Statement of Your Current Monthly Income includes details about the debtor's income from all sources, including employment, business, and other means.
Q: Who needs to fill out Official Form 122B?
A: Official Form 122B needs to be filled out by individuals or businesses seeking Chapter 11 bankruptcy protection.
Q: Can I complete Official Form 122B on my own?
A: While it is possible to complete Official Form 122B on your own, seeking the assistance of a bankruptcy attorney is advisable for a more accurate and effective filing.
Q: Are there any filing fees associated with Official Form 122B?
A: Yes, there are filing fees associated with Official Form 122B. The fees vary and depend on the bankruptcy court where the form is filed.
Q: What happens after submitting Official Form 122B?
A: After submitting Official Form 122B, the bankruptcy court will review the information and determine the debtor's eligibility for Chapter 11 bankruptcy and the repayment plan.
Form Details:
- Released on December 1, 2015;
- 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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