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Chapter 7 Document Preparation

Considering Bankruptcy? well then we need to prepare. We get calls all the time about what documents people need in order to file for bankruptcy. Some of the information we may need are:

1) Your credit reports
2) Bills
3) Six months pay stubs 
4) Last three years of taxes
5) Car Finance or Lease papers
6) Deed
7) Mortgage Note
8) Appraisal or Market Analysis of your home. 

The list can go on and on depending of what you have and your finances. These we go over at the office in our official meeting.   We will also ask you to fill our application to get a better grasp of your situation. 

I often get asked why do debtors have to do this? The answer is simple. You are asking the court to forgive all your debts then you need to prove why you can't pay them. In this article I am not going to go on to income and means test calculations but you should keep in mind that there is income standards and if you are above then you have to the means test. 

Often times people get worry about the pay stubs because most people don't save them. Usually HR department in you office can do this. In some extreme circumstance you can ask your attorney to send a letter. 

If you have any questions regarding bankruptcy you can contact us at (201) 880-5563 or visit us at www.ruizdoolanlaw.com.


Disclaimer: The contents of this website are of general nature and not intended to be a substitute for legal advice or the formation of a lawyer-client relationship. In order to be properly represented, please contact your local professional. In addition, the information given on this web site has been composed by a New Jersey attorney practicing exclusively in New Jersey. None of the information contained herein should be deemed to apply in other states, nor should this website be construed as an attempt by the author to practice law in any state other than New Jersey. If you have any question regarding this website please contact our office directly at (201) 880-5563.
ADVERTISEMENT: This website contains attorney advertisement within the meaning of the Rules of Professional Conduct governing the practice of lawyers in the State of New Jersey.  This website is considered an “advertisement.” Before making your choice of an attorney, you should give this matter careful thought. The selection of an attorney is an important decision. If the representations made on this website are inaccurate or misleading, you may report this to the Committee on Attorney Advertising, Hughes Justice Complex, P.O. Box 037, Trenton, NJ 08625.

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