Top 3 things to do before filing for bankruptcy
3. Get your documents together.
- 4 Years of IRS Tax returns
- Most recent bank statements
- Last 6 months of income statements and paycheck stubs
- Full list of all of your assets.
- Full list of all of your debts.
- Bring in any lawsuits, garnishments, or wage assignments.
- Bring in any leases or contracts you have.
2. Make a list of all of your debts
- Know who you owe.
- Provide a list of your secured debts, such as mortgages, car notes, furniture loans, jewelry store accounts, etc.
- Provide a list of your unsecured debts, such as credit cards, medical bills, repossessions, personal loans
- Provide a list of the other types of debts: student loans, taxes, child support, parking tickets
- A credit report is useful. If you chose us as your bankruptcy lawyer, we can help get credit reports for you.
- Importantly, be sure to list debts that you wish to keep
1. Hire a bankruptcy attorney
- Bankruptcy law is complicated.
- Your bankruptcy attorney does this for a living.
- They can help you through the process to make it go smoothly.
- They know the law and the bankruptcy code.
- They can use all of the above tools to protect your assets, eliminate your debts and get you the relief you need.
Call for a free bankruptcy consultation – Leeders Law 312-346-7400
Request a free bankruptcy consultation here: LeedersLaw.com
This is not an exclusive list. Each case varies based on the facts, but it is a great start to help out your lawyer so that they can advise you on the proper bankruptcy chapter to file. They are also required to be provided to the court after filing as well. Your attorney will be the best person to give you specific advice about bankruptcy, so contact a bankruptcy lawyer today to get you a fresh start.