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"Virginia Chapter 7 Forms"
To file, all Virginia bankruptcy cases under Chapter 7 cases must be initiate by filing a petition, list of
creditors, and related documentations. Typically, a free set of documents and forms, including instructions, is
available through the clerk's office.
| Effective as of December 1, 2003, the official forms required in Chapter 7changed. These
changes prohibit the previous practice of publishing debtors' full social security number in publicly
available documents and schedules. The person responsible for filing documents, and not the Clerk's Office
or the courts, is responsible for redacting all but the last four digits. |
On March 5, 2004 the Virginia Bankruptcy Courts adopted newly adjusted dollar amounts which apply throughout
the Code. The changes became effective April1, 2004. The adjusted amounts affect the values throughout carious
Code sections, including the eligibility requirement for debtors who file Chapter 13, the value of claims which
the Code treats as a priority claim, the amount of creditor claims need to instigate an involuntary petition,
and the amount of luxury goods and services which may be considered nondischargeable if acquired within 30 days
of filing. These changes to Virginia bankruptcy law were based on the Consumer Price Index published by the US
Dept. of Labor, and increase values to reflect rising prices. These changes became mandatory every three years
beginning in 1994.
Back to Virginia Bankruptcy Court words & phrases.
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