Steps to Take Before Filing for Bankruptcy
Mortgage Foreclosure | Means Testing | Garnishment | Tax Liens
If preparations for your bankruptcy case are not made carefully, your case could be dismissed or worse. Having your bankruptcy dismissed will make it more difficult and expensive to re-file later. If your bankruptcy paperwork is not properly completed, your debts may not be discharged and you may even go to prison if fraud is suspected and you are prosecuted. At Lakelaw, our practice is focused primarily on bankruptcy. We've helped countless people and businesses file for bankruptcy. We understand the processes involved, how to prepare and present information to the court, how to work with trustees and creditors and what needs to be done to avoid additional legal and financial complications.
Call Lakelaw at 262.694.7300
If you’re behind on your mortgage or don't have enough income to pay off mounting credit card debt, contact bankruptcy lawyers at Lakelaw today to learn how we can help you regain your financial footing.
Before You File for Bankruptcy - The Steps Involved
In order for us to be able to best help you file for personal bankruptcy, the following items are vital for you to bring to us:
A. Pay stubs or other evidence of payments from employers, if any, and/or itemized business income and expenses, on a month by month basis, for the last six months before filing.
B. Your Tax returns for the last two years.
C. Most recent statements for universal or whole life insurance policies, educational accounts, qualified state tuition programs, individual retirement accounts, 401k plans, retirement or pension plans, 403b plans or any similar pension or retirement plan.
D. Photo identification and Social Security card or other proof of Social Security number issued by a governmental authority.
E. Copies of pleadings for any lawsuit involving you.
F. Documents regarding any sale or transfer or any property to anyone within the past two years.
G. Documents regarding any transfers or payments to relatives within the last two years.
H. A current credit report.
I. The name, address and account number of each of your creditors as well as the years in which you incurred the debt and what you incurred the debt for. This must include:
- The address of each of your creditors must be the address they give you in a billing advice twice within the past 60 days; otherwise we must find an address at which your creditor wishes to be notified.
- We can amend your list of creditors after you file the case, but there will be additional fees and court costs for doing this.
J. An itemized listing of your personal property with your best estimates as to its replacement value, as well as an itemized listing of your real estate with your best estimate as to its fair market value including any appraisals.
K. Motor vehicle titles and recorded mortgage information.
L. A briefing/consultation from a not-for-profit credit counseling service approved by the Office of the United States Trustee. This involves a reasonable charge. We direct you to qualified counseling services.
M. We may need other documents, depending on your particular situation.
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Contact Bankruptcy Lawyers at Lakelaw Today
If you would like to set up a consultation about filing for personal bankruptcy, contact Lakelaw online or call 262.694.7300. At Lakelaw, in Kenosha, you do not need to go to Milwaukee to get "big city" service and knowledge.We are a debt relief agency. We help people file for bankruptcy relief under the Bankruptcy Code.