Consumer Bankruptcy Journal Fall 2015 - Page 115

Form Modernization Overview Official Form 121 Overview: Official Form 121, Statement About Your Social Security Numbers, replaces Official Form 21, Statement of Social Security Number(s) in cases of individual debtors. New Form Elements: To make Form 121 easier to understand and complete, the form is divided into three sections, and directions on the form are simplified. The debtor’s Employer Tax-Identification number (EIN) is eliminated from the form, and the debtor’s name is moved from the caption to the body of the form. REVISED – The language has been revised, now referencing Debtor 1 and Debtor 2 in the caption. The style also matches the 2015 form changes for modernized captions. NEW – Part 1 was formerly incorporated in the caption, the debtors name now goes in the body of the form. NEW – Part 2 allows a debtor to enter in Social Security Numbers (section 2) and Taxpayer Identification Numbers (section 3). Employer’s Tax Identification Numbers are no longer requested. © 2015 CINgroup. All Rights Reserved |