For many homeowners, there is nothing more frightening than filing for bankruptcy. The word carries a heavy weight, and many people fear filing for bankruptcy will lose their home, their possessions, and otherwise. Fortunately, this is largely untrue, and bankruptcy is actually a fantastic tool that all homeowners should use to their advantage if their situation calls for it. The first step of the bankruptcy process is scheduling your initial consultation with a bankruptcy attorney. Please continue reading and speak with our knowledgeable Rockland County bankruptcy attorney to learn more about some of the documentation you should bring to your initial consultation with our firm and which documents you will be required to provide to file for bankruptcy in New York State. Here are some of the questions you may have:
How do I know if I am ready to file for bankruptcy?
If you find yourself in a situation where bills are piling up that you are unable to pay, your wages are being garnished, and you are being essentially harassed by collection agencies, there is a very good chance that you are ready to file for bankruptcy. Doing so will discharge all dischargeable debt (credit card debt, etc.) and allow you to keep your home and many of your other possessions as well, allowing you to get your life back on track once again.
What documents will I need to file for bankruptcy?
Bankruptcy is a document-heavy process, and as such, you will most likely have to provide the following documents to successfully file for bankruptcy in New York State:
- Photo ID
- Social Security card
- Copies of your bills
- A list of any debts/liabilities
- Credit reports
- Employer statements
- Collection letters
- Checkbook register
- Documentation regarding debt settlement
- Businesses owners filing for bankruptcy must bring all financial documents pertaining to their business
- Pay stubs
- Social Security letters
- Disclose all scheduled payments such as pensions, spousal support, and child support
- Income tax returns
- W2 forms
- Property tax statement
- Property appraisal
- Vehicle purchase agreement
- Proof of car insurance
If you have any additional questions or you believe you are ready to file for bankruptcy in New York, simply pick up the phone and give our knowledgeable firm a call today so we can schedule your initial consultation. We are here to guide you through every step of the legal process ahead.
Contact our experienced New York firm
Bankruptcy, for many people, is a frightening endeavor. Fortunately, with the help of an experienced attorney, it does not have to be. If you require the services of an experienced Business Law or Bankruptcy attorney, contact the Law Offices of Allen A. Kolber, Esq. today to schedule a consultation and discuss your options. We will have your back every step of the way.