Filing Bankruptcy: How to Prepare
If you are considering filing for bankruptcy there are a few things you can do ahead of time to make the process easier on you. The first thing you can do is make sure that you have filed all the necessary tax returns. The only years it is acceptable to not file are years that you made less than the IRS’ threshold for being required to file. Additionally, you may only receive refunds for the last three tax periods.
It is also important to gather up certain documents that your bankruptcy attorney is going to need to get your case filed as well maintain it once you are in either a Chapter 7 Bankruptcy or a Chapter 13 Bankruptcy. It helps if you start saving or requesting paystubs for the last six months of income from all employers that you have worked for. Statements on retirement accounts, annuities, pensions, social security, child support, disability, stocks, bonds, bank accounts, and any other source of income should be saved or requested.
Proof of insurance is another important document to get to your Bankruptcy Lawyer. This will help your attorney resolve potential issues with creditors with minimal effort from you. Billing statements should be saved as well so that you can ensure that all creditors and collectors are notified of your filing.
If you are considering filing personal bankruptcy in the following areas, click the links below:
New York City Bankruptcy
San Francisco Bankruptcy Lawyer
Teaxas Bankruptcy Law
Please fill out our free evaluation form to determine if bankruptcy is right for you.
