What can I do to prepare for a bankruptcy consultation? – Legal blogs on debt relief published by Ms. Daniela P Romero

Are you struggling with debt? Curious about bankruptcy and how it can help you get a new financial start? Speaking with a bankruptcy lawyer is your first step in understanding which options will work best for your situation.

How it works?
Good news! Most lawyers offer free consultations. Be prepared to answer questions about your finances. Do not be shy ! Also use your consultation to ask questions, review concerns, and learn more about the bankruptcy process.

What should I bring?
To better help your lawyer understand your financial history and filing eligibility, you may want to bring some documents with you. It’s a good idea to start preparing these documents whether or not you bring all of the documents listed below with you. Understanding how many creditors you have and how much you earn will better inform your lawyer during the consultation. Remember, the more information you provide, the better your idea of ​​your bankruptcy eligibility will be.

Proof of income: Bringing pay stubs from your job, self-employment income and other forms of income (workers compensation, pension, child support, social security, etc.) In addition, you will need to maybe provide proof of income for the last 6 months if possible.

Tax returns: As a general rule, bringing the documentation of the last 2 years is the most useful. Also, you need to make sure that your taxes are filed and up to date if you plan to file.

List of your debts: This will include credit cards, medical bills, mortgages, vehicles, personal loans, and other loans outstanding or money owed. Also, if you have received a summons or notice of prosecution, it is very important to let your lawyer know. So if you can bring this documentation as well.

Household expenses: This includes a list of necessary living expenses, debt payments, charitable contributions, retirement and insurance premiums.

Need more information?

If you live in California, please contact our office today for a free consultation. Let us help you find the best options for your current situation. If you live outside of California, please contact a bankruptcy attorney in your area.

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