The new bankruptcy law has added many requirements and
procedures that must be strictly followed. It will make
the process smoother if you begin assemble the following items
and prepare for the following duties:
Documentation:
- All pay stubs, pay advices or other evidence of
salary, commissions or other income received within 60 days of
filing the bankruptcy. You will also need to prove what
your gross income was for the past 6 calendar months.
- Assemble and retain all bills and other creditor
correspondence, especially for the last 90 days, as the
addresses and account numbers on these items must be used in
your case.
- Tax returns for the past two years.
- Your credit report. We can pull this for you when
you retain us.
-
Loan
papers for secured loans such as mortgages and car loans.
Duties:
- Tax Returns - By about 20 days after your case is
filed, you will have to have filed with the taxing authorities
all returns that were due to date, and
provide to the Trustee tax returns for the past tax year or a
sworn statement as to why you do not need to file.
- Debt Counseling - You will generally need to
complete an approved debt counseling course/briefing prior to filing,
as well as an educational course before the case ends. We
can direct you to a source for these requirements. ( See
our Helpful Links page)
