Tips for Preparing Bankruptcy Consultation

Being properly prepared for your meeting with your bankruptcy lawyer will help the entire process go much more smoothly. Your lawyer will need specific information and documentation to build your case for bankruptcy. The information you provide will be used to determine if you qualify for chapter 7 or chapter 13 bankruptcy. Here are some tips for helping you prepare for your bankruptcy consultation:

  • Outstanding Debt Documents: Focus on all your major expenses such as your car payments, mortgage, utilities, rent, and more. You do not need exact bills. Typically, when we get your credit report, it will give us the exact amounts you owe your creditors. So, a simple list will suffice.
  • Credit Report: Your credit report will give the exact details about how much you owe, how many late payments you have made, and any loans that you have defaulted on.
  • Recent Paystubs: Your paystubs will show proof of income. We can then compare your debt versus your income to determine if you qualify for bankruptcy.
  • Budget Plan: We will also need a rough budget plan for your household to further prove that you qualify for bankruptcy. Be sure to include rent, utilities, mortgage payments, car payments, food, and anything else that is a necessity.

Contact Our Bankruptcy Lawyer Today!

Elmy Law P.C. is a bankruptcy lawyer serving the Midland, MI area. Bankruptcy is a complex process that requires detailed documentation of your expenses, income, and debts. When you meet with your local bankruptcy attorney try to have as much of this information as possible. It will help make the process go easier and help you qualify for bankruptcy. Contact us today to schedule your personal consultation!