Getting Organized Before Bankruptcy


Before you sit down in your first consultation with a bankruptcy lawyer, it would be quite helpful to prepare some financial documents so you know exactly where you stand. This will make your time with a lawyer more effective. Here are some things to get together if you're considering filing bankruptcy.

Your lawyer is going to ask you many questions regarding your financial situation. You might as well stay ahead of the game and do some calculations beforehand. Do you owe any back taxes? What about child support or alimony obligations? Make sure to put these on your list so you can tell your lawyer exactly how much you owe and how far behind you are.

Houston Bankruptcy Lawyer, Bankruptcy Attorney Dallas, Vermont Bankruptcy Lawyer,

Calculate your home's value, how much you owe on your mortgage, and whether you are behind on any of the payments. Do the same with your car loan, and top it all off with a total of everything you own.

Get together your credit card bills and all of your other financial obligations and calculate exactly how much the balances are. Gather some copies of your mortgage documents and your pay stubs for the past 60 days. Just so you know, you'll have to present your pay stubs as well as your recent tax return to the federal bankruptcy court. You'll also need to make this available to any creditor who asks for your tax return.

Your lawyer will have many other questions for you such as whether you are facing foreclosure, whether you're considering marriage or divorce in the near future, and whether you have recently repaid loans to any family members.

Be sure to provide honest answers so your attorney can give you the best feedback possible.


File Bankruptcy Online

Is Bankruptcy Right For You? Talk to Bankruptcy Attorneys Free and Confidential. Licensed bankruptcy attorneys are available. Attorneys will call you to discuss your case for free. Find out if bankruptcy is right for your situation.

Rating of File Bankruptcy Online




Get Online Application at online Bankruptcy Lawyer.

0 comments:

Post a Comment