What do I need to fill out bankruptcy paperwork?

What do I need to fill out bankruptcy paperwork?

Most of the information you’ll need to fill out your bankruptcy paperwork will be in those documents, including asset value and income information. For example, you’ll use the income documentation to calculate your average monthly income.

What happens to your money when you file bankruptcy?

The bankruptcy trustee will oversee your bankruptcy filing, will review your bankruptcy forms, and may ask for additional documents to verify your information. The trustee will also conduct the meeting of creditors .

What to do if you lose your bankruptcy paperwork?

When a bankruptcy debtor (filer) loses financial paperwork in a natural disaster, the bankruptcy trustee must: take into account a decrease in income or increase in expenses. Additional accommodations are required as well.

What happens if you make a mistake on a bankruptcy form?

Your bankruptcy forms are signed under penalty of perjury. When you file, you’re declaring that the information in your bankruptcy forms is true and correct to the best of your knowledge. If you accidently leave something out or make a mistake, you’ll need to make changes to your forms. This is done by filing an amendment with the court.

What do I need to file a chapter 13 bankruptcy?

A short letter of explanation will usually work. If you merely failed to file, you can expect the trustee to require you to do so and provide copies before concluding or approving your case—especially in a Chapter 13 case. If you’re an employee, you’ll need copies of pay stubs for the six-month period before the bankruptcy and your last two W-2s.

What kind of documents do you need for a trustee?

Some trustees also require the deed of trust and proof of home insurance. If you have a car, you’ll need to provide proof of its value. Most trustees will accept an online printout from nada.com or kbb.com.

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