B 107
Statement of Financial Affairs for Individuals Filing for Bankruptcy
Form B 107, Statement of Financial Affairs for Individuals Filing for Bankruptcy, is the Official Bankruptcy Form an individual debtor files with the United States Bankruptcy Court to give a summary of their financial history over certain periods of time before the bankruptcy. The U.S. Courts list it under Individual Debtors. The current version is dated 04/25, and the U.S. Courts page lists it as effective on April 1, 2022 and updated on April 1, 2025. The page also says Official Bankruptcy Forms are approved by the Judicial Conference and must be used under Bankruptcy Rule 9009.
The 12-page form has 28 questions in 12 parts: marital status and past addresses, income, payments to creditors and insiders, lawsuits and repossessions, gifts, losses, transfers, financial accounts and storage units, property held for someone else, environmental information and business connections, then a signature under penalty of perjury. It is derived from former Official Form 7.
This page explains the form in plain words and is not legal advice. You can fill it out free in your browser on this page and download the result without an account.
Lines 1 to 5: current marital status, places lived in the last 3 years, living with a spouse or legal equivalent in a community property state in the last 8 years, and income from jobs, businesses and other sources for this year and the two previous calendar years.
Line 6 asks about payments to creditors in the 90 days before filing, with a threshold that depends on whether debts are primarily consumer debts. Lines 7 and 8 ask about payments within 1 year to insiders or that benefited an insider.
Lines 9 to 15: lawsuits and other proceedings, repossessions, foreclosures and garnishments, setoffs, property held by a receiver or custodian, gifts and charitable contributions within 2 years, and losses from theft, fire, other disaster or gambling.
Lines 16 to 22: payments to anyone consulted about bankruptcy, payments to anyone who promised help with creditors, other transfers within 2 years, transfers to a self-settled trust within 10 years, closed accounts, safe deposit boxes and storage units.
Line 23 lists property you hold or control for someone else. Lines 24 to 26 ask about notices, releases and proceedings under environmental law. Lines 27 and 28 ask about business connections and financial statements given about a business.
Each debtor signs a declaration under penalty of perjury that the answers are true and correct, then checks whether additional pages are attached and whether a non-attorney was paid to help.
Enter the names of Debtor 1 and Debtor 2 (spouse, if filing), the district, the case number if known, and check the box if this is an amended filing.
The form asks for answers that are as complete and accurate as possible and for every question to be answered. If more space is needed, attach a separate sheet with your name and case number on top.
Each question names its own time period, such as 90 days, 1 year, 2 years, 4 years or 10 years before filing. Line 4 and line 5 ask about this year and the two previous calendar years.
Without primarily consumer debts, line 6 lists creditors paid a total of $8,575 or more in the 90 days before filing. With primarily consumer debts, the amount is $600 or more. The form says the first amount is subject to adjustment on 4/01/28 and every 3 years after that.
Line 27 asks for a business's Employer Identification number and says not to include a Social Security number or ITIN. Line 11 asks only for the last 4 digits of an account number.
Each debtor signs Part 12 under penalty of perjury and dates it, then answers the two closing questions about extra pages and help from a non-attorney.
You get the real form, filled in a browser tab, with nothing standing between you and the finished PDF.
With the United States Bankruptcy Court for the district named at the top of page 1.
The instructions list this statement among the forms filed either with the bankruptcy case or within 14 days after the Voluntary Petition (Official Form 101), and say that otherwise the case may be dismissed.
The form does not print a fee.
Line 3 points to Schedule H: Your Codebtors (Official Form 106H). Line 15 says to list pending insurance claims on line 33 of Schedule A/B: Property. The last question points to Official Form 119.
Part 12 says a false statement, concealing property, or obtaining money or property by fraud in connection with a bankruptcy case can result in fines up to $250,000 or imprisonment for up to 20 years, or both. 18 U.S.C. §§ 152, 1341, 1519, and 3571.
B 101
159 fields, 9 pages
B 119
54 fields, 2 pages
B 106A/B
368 fields, 10 pages
B 106H
150 fields, 2 pages
B 108
58 fields, 2 pages
The committee note says the form applies only in cases of individual debtors. The instructions say an individual in a bankruptcy case fills out this statement, citing 11 U.S.C. § 521(a) and Bankruptcy Rule 1007(b)(1).
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The instructions say an individual in a bankruptcy case fills out this statement, citing 11 U.S.C. § 521(a) and Bankruptcy Rule 1007(b)(1). The committee note says it applies only in cases of individual debtors.
The form has a Debtor 2 column for a spouse filing together and says both are equally responsible for supplying correct information. Income received together is listed only once, under Debtor 1.
Line 6 first asks whether either debtor's debts are primarily consumer debts, defined in 11 U.S.C. § 101(8). Without primarily consumer debts, it asks about creditors paid a total of $8,575 or more in the 90 days before filing. With them, the amount is $600 or more. The committee note says line 6 was adjusted effective April 1, 2025 as part of the tri-annual dollar adjustments required by 11 U.S.C. § 104.
No. Line 27 asks for a business's Employer Identification number and says not to include a Social Security number or ITIN, and line 11 asks only for the last 4 digits of an account number.
The form says insiders include your relatives, any general partners and their relatives, partnerships in which you are a general partner, corporations of which you are an officer, director, person in control, or owner of 20% or more of their voting securities, and any managing agent. 11 U.S.C. § 101.
The instructions list it among the forms filed either when the bankruptcy case is filed or within 14 days after the Voluntary Petition (Official Form 101), and say that if this is not done, the case may be dismissed.
The last question asks for that person's name and says to attach the Bankruptcy Petition Preparer's Notice, Declaration, and Signature (Official Form 119).
