The Bankruptcy Petition Form Initiates Cases

Official petition forms contain the initial request for bankruptcy relief. Once filed by debtors, with the clerk of a the U.S. Bankruptcy Court, statutory deadlines begin to counting down. All documents and forms must be on file within 15 days, including a complete list of creditors in acceptable computer format or mailing matrix template. The official petition incorporates questions and schedules which include a broad range of financial disclosures required by the U.S. Code, and further, the petition must be sworn under oath. The petition is the core document upon which all relief may be granted.