Making the decision to file bankruptcy brings you one step closer to achieving the fresh start you’re looking to achieve. In regaining financial control you want to ensure you follow the process thoroughly in order to obtain a favorable outcome. One of the most important aspects in establishing a positive working relationship between you and your attorney includes providing essential documentation when you file. This information helps create schedules that will accompany your petition when your case is filed.
Because each case is unique, make sure you review the paperwork you need to present with your attorney. If you are not clear on what to bring don’t hesitate to ask questions and discuss the matter in further detail. The more information you can present, the more likely your attorney can present a detailed case to the court to improve chances of a favorable outcome. In most cases the following documentation is needed:
- List of personal property and its value- This may include deeds, assessments, estimates, and appraisal information. Cash accounts, retirement funds, household goods, jewelry, vehicles, and even deposits made for goods such as utilities or any made to your landlord toward rent.
- Debts and creditors you have liabilities with- This can include support obligations (child, spousal, alimony, etc.), taxes, debt in collections, or anything that may not appear on your credit report. Loan agreements may also be needed in relation to your mortgage or vehicle payments.
- Proof of income or income earned within the last 6 months- Anything from wages to government assistance should be reported. A profit/loss statement can be used if you are self-employed or own a business.
- Tax information- This includes copies of federal and state tax returns filed.
- Notice of being sued- Such as a summons or lawsuits received.