Information You Need When You File Bankruptcy

April 23rd, 2009 by Reed Allmand

If you’re considering bankruptcy there are some documents that you need give your bankruptcy attorney so that your case can be processed easily and quickly.

  1. Proof of Income. If you’re employed, you need to provide the last six months of income prior to your bankruptcy filing. So, if you file bankruptcy in June 2009, you would need to provide pay stubs from December to May. If you’re self-employed you need to provide some other type of proof such as invoices or bank statements that show your income for the prior six months before your bankruptcy filing.
  2. A list of creditors. This can easily be obtained by getting your credit report. The credit agencies are required to provide you one free credit report a year. Visit www.annualcreditreport.com to order your free credit report.
  3. Provide the paperwork for any secured creditors such as your mortgage lender or car lender.
  4. Provide a copy of any lawsuits or judgments against you.
  5. Provide the tax returns for the past year. Your bankruptcy attorney may request tax returns for the past three years, so be prepared.
  6. Provide a copy of your routine bills, such as gas, electric, telephone and estimates of your monthly spending for groceries and other daily expenses.

About Reed Allmand

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Allmand's vision is rooted in his own financially precarious childhood in Abilene "My father always had difficulty holding a job and supporting our family, so after my parents divorced when I was 12, my sister and I got jobs to help make ends meet," he recalls. "I remember what it felt like as a child to worry that our car would be repossessed or home foreclosed on."

View all posts by Reed Allmand

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    FAQ

    Why do I need to submit a new wage order when I modify my plan

    When we modify your bankruptcy plan we are changing your plan payments. This means that we have to get with your employer and change the terms and amount of your wage order. The only way we can do that is by filling out a new wage order form.  

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    If the bankruptcy stay terminates on your home that means that even though your in bankruptcy, your creditor can pursue all there legal remedies they can pursue if you were not in bankruptcy. This includes foreclosure, and having your house sold and evicting you from your house.

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