What Documents To Provide Your Bankruptcy Attorney?

Filing bankruptcy can be one of the major and life-changing event in your life. It is not an easy road. Of course, this is the last thing you would want to happen. Yet, if you can find yourself caught in this situation, the best thing to do is make appropriate decisions and hire the right people.

Bankruptcy law involves complex processes and dealings with your creditors and the bankruptcy court. Thus, you should expect as well that it involves several files and various documents. You may want to prepare yourself to fill out a lot of paperwork. Moreover, you must do this with a guidance of a bankruptcy attorney.

Here are some of the most common documents you need to provide your bankruptcy attorney:


1. Financial Records

You should primarily gather all your financial records. This includes: recent bank statements; recent bills from creditors; recent payment coupons for vehicles (lease or purchase), real estate, and student loans; invoices of your purchases in the last year; and receipts. Looking through these, your bankruptcy attorney can help you determine what bankruptcy chapter best matches your financial trouble.

2. Legal Records

Do you have pending litigations or one that you are involved in? You must inform your bankruptcy attorney about it immediately. It can be one of the bases on how you can afford to pay your creditors. You need to disclose files including: records from previous litigation or any judgment against you; files from previous attorneys; and any court order that requires you to pay child support.

3. Other Documents

Some of the additional documents you may be required to provide are proof of every asset under your name and your source of income. These types of documents can be used as well either Chapter 7 or Chapter 13 is the right option to get rid of your debts. Moreover, your bankruptcy attorney can analyze if your assets and income is sufficient to pay creditors over a period of time.

Other documents may include: canceled checks for the expenses you cannot document; records of correspondence with creditors, such as phone calls, threat letters, etc.; all your insurance policies; tax returns from the last three years; titles of all the vehicles you own; your leases or mortgages; any promissory notes you have signed; other documents showing your debts or anything you owe other people; any proof that someone borrowed money from you; and any lawsuits filed against you--past or present.

There are sure a lot of tasks to do and a bunch of paperwork. Thinking about it may already drain you out, but with added assistance and brains, you can surely save a lot of energy more than you expected. Your legal counsel will surely be with you in retrieving credit reports from the three bureaus. They can also guide you on the proper ways to fill out forms to avoid mistakes which can put your case at risk. So, you might want to start looking for the right bankruptcy attorney for you.

Conway Law Group - Richmond, VA
6802 Paragon Pl, #410 Richmond, VA 23230
(804) 256-2918
Follow us on Google+

Leave a Reply

Your email address will not be published. Required fields are marked *