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Chapter 7 Voluntary Petition for Bankruptcy

Federal & State Law Editorial TeamLast reviewed: April 2026

Petition to initiate a Chapter 7 liquidation bankruptcy, allowing individuals to discharge most unsecured debts and get a fresh financial start.

PDF TemplateUse the instructions below to complete this form

Instructions

Complete Official Form 101 (Voluntary Petition) along with all required schedules: Schedule A/B (property), Schedule C (exempt property), Schedule D (secured creditors), Schedule E/F (unsecured creditors), Schedule I (income), Schedule J (expenses), and the Statement of Financial Affairs. You must complete a credit counseling course from an approved agency within 180 days before filing. Filing fee is $338. You must pass the means test (Form 122A) or demonstrate special circumstances to qualify for Chapter 7.

This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.