Deciding to file for bankruptcy is a huge step that might bring on some nerves. To be best prepared to begin this process, it is important to know the documents that you will need for your initial consultation with your bankruptcy attorney. If you have yet to schedule your initial consultation, reach out to our firm today. We would be happy to walk you through the bankruptcy filing process. Continue reading to learn more about the documentation you will need to begin this journey.
Am I ready to file for bankruptcy?
There is a good chance you are ready to file for bankruptcy if you relate to the following situations:
- Your wages are being garnished
- You are being harassed by collection agencies
- You are unable to pay your bills
- Difficulty meeting payroll
- Increased interest rates on credit cards due to late payments
- Decreased cash flow
If your financial situation sounds similar to the above scenarios, filing for bankruptcy may be the best route to take. Filing will discharge all dischargeable debt including credit card debt. It will also allow you to keep your home and many of your possessions while allowing you to get back on track with your life.
What documents should I bring to an initial consultation with a bankruptcy attorney?
Bankruptcy requires a lot of preparation. One of the first steps you will take to prepare for filing is to collect the appropriate documents. Bankruptcy is a document-heavy process and requires proper organization. You will need to provide the following documents to successfully file for bankruptcy:
- Photo ID
- Social Security card
- W2 forms
- Pay stubs
- Social Security letters
- Copies of your bills
- A list of any debts/liabilities
- Credit reports
- Employer statements
- Disclose all scheduled payments such as pensions, spousal support, and child support
- Collection letters
- Checkbook register
- Documentation regarding debt settlement
- Income tax returns
- Property tax statement
- Property appraisal
- Vehicle purchase agreement
- Proof of car insurance
- Businesses owners filing for bankruptcy must bring all financial documents pertaining to their business
If you have any questions regarding these documents, reach out to our experienced Rockland County bankruptcy attorney. Give our firm a call today to schedule your initial consultation and begin the bankruptcy filing process. You do not need to go through this process alone. We are here to help.
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.