A bankruptcy petition is a set of forms (also known as schedules) on which a debtor filing for bankruptcy discloses detailed financial information to the bankruptcy court. These forms will require you to list all of your assets (real property and personal property), your monthly income and expenses, and the debts you want to eliminate or discharge in bankruptcy. Your bankruptcy case begins when you file the bankruptcy petition with the clerk of the bankruptcy court.

In North Dakota, as in all states, a bankruptcy petition is the formal document filed by an individual or business to initiate bankruptcy proceedings. The U.S. Bankruptcy Code, which is federal law, governs the process and requires the debtor to provide comprehensive financial information through various forms and schedules. These documents must include a list of all assets, both real and personal property, monthly income and expenses, and all debts that the debtor seeks to discharge. The filing of the bankruptcy petition officially starts the bankruptcy case and is done with the clerk of the bankruptcy court. In North Dakota, bankruptcy cases are filed in the United States Bankruptcy Court for the District of North Dakota. It's important for debtors to accurately complete all required forms and schedules, as failure to do so can affect the outcome of the bankruptcy case. Debtors in North Dakota may also be required to attend credit counseling before filing for bankruptcy. An attorney can provide guidance on the specific forms needed and help ensure that all information is properly disclosed.