The Process of Filing and Getting Ready to File Step 1:
It is important to consult with an attorney before beginning the bankruptcy process, as it is a bit complicated ad comprehensive. An attorney may advise options for your debt relief depending on your unique financial situation.
- You must provide the last tax returns (federal and state) that you filed.
- You must provide pay stubs for the 6 months prior to the filing of your case. (If it takes a while to get your case filed for some reason, hang on to your future pay stubs in order to give those to your lawyer).
- You must provide a certificate of completion of credit counseling through an approved agency. Your attorney will help you with information regarding the credit counseling class you must take, and which agencies are approved.
- Other information needed before filing
a. Prior bankruptcy case number(s) and date of filing, if you filed before.
b. Information on your Bank account(s) , such as account numbers, and know how much is in each account.
c. Information about your investments, (stocks, savings bonds…)
d. Year, make and model of all vehicles, cars, mobile homes.–( your attorney can look up the value.)
e. Gross income for the two prior years, as well as year to date income. (If you are self-employed, be prepared to show on paper your gross receipts and expenses for each of the prior 6 months.)
THE BANKRUPTCY PROCESS WITH PHOENIX BANKRUPTCY LAWYERS
Bankruptcy is not only an option for eliminating crushing debt, but an opportunity for you to take care of your unmanageable debt. Bankruptcy is an option for debt relief. To better understand the concept of bankruptcy, contact our lawyers at My AZ Lawyers at (602) 509-0955