Information You Need Before Filing
The decision to file for bankruptcy can be difficult for some. However, once you decide to file for bankruptcy, it can be exciting and reassuring to know that your finances will soon be on the right track. Before pursuing bankruptcy, though, you should gather certain information that will be necessary for your case. Without the proper information from the start, the bankruptcy process can be delayed, increasing the amount of time you need to regain control over your financial situation.
Key Information to Gather
There are many pieces of personal information that you will need before you file for bankruptcy. Because the bankruptcy process can be complicated and require a lot of documentation, it’s a good idea to gather as much information as possible before filing, such as the following:
- Income information, especially if filing for Chapter 7 or 13
- Detailed list of loans and other debts
- Detailed asset list
This information is critical to have before filing for bankruptcy, and having the ability to give it to your attorney at the very beginning of your bankruptcy process will make it much easier for your legal representative to determine the best plan for you.
Facing the bankruptcy process alone can be challenging, especially if you’re unsure of what you need to file for bankruptcy. However, the experienced attorneys of the Russell Van Beustring P.C., can clear up any confusion may you have regarding bankruptcy requirements, and we can help you set up a bankruptcy situation that works for you. Contact us today at 713-973-6650 to learn more about your legal options at this time.