This is a legal form that was released by the United States Bankruptcy Court on December 1, 2021 and used country-wide. As of today, no separate filing guidelines for the form are provided by the issuing department.
Q: What is Official Form 122B?
A: Official Form 122B is a standardized form used in Chapter 11 bankruptcy cases.
Q: What is Chapter 11 bankruptcy?
A: Chapter 11 bankruptcy is a type of bankruptcy that allows businesses to reorganize and continue operating.
Q: What is the purpose of Statement of Your Current Monthly Income?
A: The purpose of the Statement of Your Current Monthly Income is to provide information about the debtor's income and expenses.
Q: What is included in the Statement of Your Current Monthly Income?
A: The Statement of Your Current Monthly Income includes details about sources of income, such as wages, investments, and government benefits, as well as information about monthly expenses.
Q: Why is the Statement of Your Current Monthly Income important?
A: The Statement of Your Current Monthly Income is important because it helps the court assess the debtor's ability to pay debts and determine the feasibility of a Chapter 11 plan.
Q: Who needs to fill out the Statement of Your Current Monthly Income?
A: Debtors in Chapter 11 bankruptcy cases are required to fill out the Statement of Your Current Monthly Income.
Form Details:
Download a printable version of Official Form 122B by clicking the link below or browse more documents and templates provided by the United States Bankruptcy Court.