Bankruptcy Forms
Downloadable bankruptcy forms and information about when you should declare bankruptcy, and what the long-term and short-term effects are.
Q. What is bankruptcy?
A. Bankruptcy is a legal process under which a debtor (either a company or a person) publicly declares that it is unable to pay its debts. Creditors may file a bankruptcy petition against a debtor (referred to as involuntary bankruptcy) to try to recoup a portion of what they are owed. In the majority of cases, however, bankruptcy is initiated by the debtor (this is called voluntary bankruptcy).
Q. What is receivership?
A. Receivership is a court-ordered appointment of a receiver to take custody of the property, profits and business of a party to a lawsuit or a debtor, to preserve that property. This process is used only if there is a risk that the property might be removed or disposed of before there is a final decision in the lawsuit, or to give the receiver control over the finances of an insolvent debtor for the benefit of its creditors.
Bankruptcy Court Notice Provider Application | USA
File a Notice Provider Application in Bankruptcy Court with this free United States Courts form.
- The applicant agrees to comply with Rule 2002(g)(4) of the Federal Rules of Bankruptcy Procedure for providing notice to entities.
- The completed application must be faxed to the Administrative Office of the U.S. Courts, Bankruptcy Division for approval.
- This form can be downloaded directly from the United States Courts website by clicking the Download button.
Directors Minutes Approving Voluntary Petition in Bankruptcy | USA
Approve a voluntary petition in bankruptcy with these template Directors Minutes for a USA corporation.
- The company's Board of Directors have determined it is advisable for the corporation to file a voluntary petition in bankruptcy, and they resolve to call a meeting of the shareholders to vote on the matter.
- The template is fully editable and can be easily customized to fit your circumstances.
- Available as a downloadable MS Word document.
- Intended for use only by corporations formed in the United States.
Notice of Appointment of Receiver
Give notice to a borrower that a receiver has been appointed over its assets with this Notice of Appointment of Receiver form.
- The Notice must be served by a creditor on a debtor after the debtor has defaulted in making payments and failed to cure the default.
- The debtor is given notice that because of the default, the creditor has exercised its right to appoint a receiver to take possession of certain assets of the debtor and to carry on the debtor's business.
- Available in MS Word format.
Ontario Order to Appoint Receiver Manager
Prepare an Order to appoint a receiver manager over the property of a debtor with this digital template for the Ontario Superior Court of Justice.
- In order to carry on the business of the debtor, the receiver must have access to, among other things:
- books, deeds, contracts, and papers;
- accounting records, budgets;
- computer systems, programs and storage media;
- monies, cheques, remittances;
- all other records, information, and property of the debtor.
- The form includes a Receiver's Certificate acknowledging the amount due to the creditor.
- Available in MS Word format and provided by Ontariocourts.ca.
- Intended to be used only in the Province of Ontario, Canada.
Qualified Settlement Funds Trust Agreement | USA
Set up a Qualified Settlement Funds Trust under U.S. bankruptcy laws with this downloadable template.
- This is an irrevocable trust that cannot be revoked once it is established.
- A QSF trust is created under Section 468B of the Internal Revenue Code, following the filing of a Chapter 11 bankruptcy petition by a debtor.
- A trustee is appointed to hold the assets and proceeds of the debtor until such time as the trustee settles with the creditors.
- This form of trust allows the debtor to liquidate appreciated assets, pay the proceeds into trust for the benefit of the creditors and take a current income tax deduction for the payment.
- Available in MS Word format.
- Governed by the laws of the United States.
Voluntary Petition for Bankruptcy - Individual (USA)
File for bankruptcy as an individual with this free Voluntary Petition Form B101 provided by USCourts.gov.
- There are three parts to this form:
- Official Form 101 - Voluntary Petition for Individuals Filing for Bankruptcy (rev. 12/17);
- Committee Notes - 2017 Committee Note, Historical Notes 1991-2015;
- Form Instructions - a detailed set of instructions to help you prepare and file the Petition.
- Voluntary Petition for Individuals Filing for Bankruptcy, US Courts Form B101, effective Dec. 1, 2017.