Deciding to file for bankruptcy, or even explore the option, can be a frightening prospect. However, it’s likely that if you’re overwhelmed with bills and creditors constantly harassing you, filing for bankruptcy is a smart move on your part. Come prepared at the initial consultation with a bankruptcy lawyer to ensure that you’re starting off on the right foot. Here’s what you need to bring.
Identification and Social Security Cards
Both photo identification and proof of social security numbers are required to file for any type of bankruptcy. Be sure that you, or you and your spouse if you are filing together, bring your ID’s and your social security cards with you to your initial consultation so your attorney can make copies.
Tax Returns and Bank Records
You’ll want to bring copies of your tax returns for the last two years. You’ll also need to have your bank statements for any checking and/or savings accounts that you have for the last two months. Have these printed off and ready to go.
Records for Your Debts
Perhaps one of the most important things you need to bring to your initial bankruptcy consultation is a record of all your debts. Bring your credit card bills, medical bills, loan statements, and records of any other debt you owe.
A List of Household Expenses
You’ll also want to have a good idea of what your household expenses are, including rent or mortgage, utilities, telephone bills, health and auto insurance, food and clothing, child support, pet expenses, and any other expenses that you have.
If you have any assets, it’s important that you bring documents to support them, such as 401k documents, mutual funds, stocks, and IRA’s.
What to Expect
When you meet your bankruptcy lawyer for the first time, you can expect to go over all the documentation you brought in detail. Your attorney will let you know if you need to bring additional documentation later on. Your attorney will make a recommendation on whether or not you would benefit from filing bankruptcy and what type of bankruptcy to file based on your individual needs. You’ll learn more about the bankruptcy process and what to expect as you go through each stage.
If you’re exploring the possibility of filing for bankruptcy and are ready for relief from overwhelming debt, contact the Beecher & Conniff Law Office today by calling 253-627-013.