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form b1, first page stupid question

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    form b1, first page stupid question

    ok... the "STATISTICAL/ADMINISTRATIVE INFORMATION" box... 2 choices here...

    choice 1 "debtor estimates that funds will be available for distribution to unsecured creditors"

    choice 2 "debtor estimates that, after any exempt property is excluded and administrative expenses paid, there will be no funds available for distribution to unsecured creditors"

    we're going chapter 7, so we need to pick choice 2, right? we don't own a home and have 2 older cars, this is a 2 adult/2 children household

    #2
    Yes, option 2.

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