What information do I need to gather for my bankruptcy?
The forms required in a bankruptcy petition are complex, and you should hire competent counsel to guide you through the bankruptcy process. Once hired, your attorney will need you to gather detailed information before he or she will be able to complete the forms for filing.
What do I need to gather before I file?Most bankruptcy attorneys have a pre-filing checklist that they distribute to new clients. These lists may vary in detail from attorney to attorney, but the most common items you will need are:
1) credit reports for each person filing; 2) verification of income for the past 6 months for each person filing; 3) copies of federal and state tax returns and W2 forms for the past 2 years for each person filing; 4) credit counseling certificates for each person filing; 5) copies of all lawsuits in which you are involved; 6) if divorced, copies of divorce decree or separation agreement.
What do I need to gather after I file?After your bankruptcy case is filed, your bankruptcy trustee will schedule the "meeting of creditors." The trustee generally requires that each debtor in a bankruptcy case submit several documents for review before the meeting. The most common documents required by a trustee are: 1) the most recent 2-months of pay stubs for each person filing; 2) statements for all bank accounts held, including health savings accounts; 3) your most recent mortgage statement if you have a mortgage; 4) proof of homeowners or renters insurance; 5) titles or memorandum titles to your vehicles; 6) proof of auto insurance; 7) If you own a business / are self-employed, you will need to provide an account of your business expenses and income.