Documentation for a Chapter 7 Bankruptcy

Get A Free Consultation!

Documentation for a Chapter 7 Bankruptcy

Making the decision to file for bankruptcy is not an easy conclusion to come to. Before jumping in, it is best to do research about the process to know what is required. An experienced bankruptcy attorney can help an individual prepare the forms that must be filed in the event that they choose to file for Chapter 7 bankruptcy. Bankruptcy, like many other legal matters, is a very document-heavy process. At the first consultation with a bankruptcy attorney, it is important to bring a few key documents. Some of these can include the following:

  • Copies of every bill and letter from collection agencies
  • Two pay stubs, as well as two others from a spouse regardless of whether they are also filing bankruptcy
  • Appraisals of property such as a home, car, jewelry, etc.
  • Life insurance policies
  • Income tax returns that were filed for the last two years
  • The title for any motor vehicles, boats, or mobile homes that the individual owns
  • Copies of any lawsuits filed against the debtor by a creditor or debt collector

Once it is time to file a bankruptcy petition, the court will require that the individual also files a list of creditors, assets and debts, current income and expenses, pay stubs, an itemized statement of all monthly net income, and several other forms.

If you have questions about bankruptcy, contact our firm today.

Juan C. Velasco, Esq. is a trusted attorney who concentrates on bankruptcy, family law, real estate, and estate matters who has been serving the New Jersey area for over 25 years. If you are in need of experienced legal counsel, please contact Velasco Law Office and we will be happy to assist you. 

About the Firm

Juan Velasco, Esq. has over 25 years of experience passionately practicing law. Juan Velasco provides legal counsel to individuals, corporations, and institutions concerning substantial legal and financial matters.

Velasco represents clients in formal and legal proceedings, including negotiations to ensure amicable settlements that benefit their needs. He has over 2 decades advising clients concerning legal options available in complicated transactions. Mr. Velasco has drafted countless contracts and supporting documents for his New Jersey clients. He responds to inquiries, assisting clients in determining the most favorable position. He also provides legal guidance concerning appropriate business actions.

 

Recent Blogs

VIEW MORE
Contact Us For A Free Consultation
  VELASCO LAW OFFICE

1870 Route 27 – Suite 202
Edison, New Jersey 08817

Our offices are conveniently location on Route 27 in Edison, New Jersey, Attorney Velasco is ready to actively protect your interests. If you are in need of a passionate and effective lawyer, contact Velasco Law Office.




Translate »