Jacksonville Bankruptcy Lawyer Blog
After a client has decided to file bankruptcy, their next question is always what information is needed to file bankruptcy in Jacksonville, Florida. Since Federal Law requires 100% full disclosure of a person’s assets, debts, and income, getting together the information needed to begin your bankruptcy can be very overwhelming at first. But, as with everything else, the information required can vary from person to person based on the number of debts and assets you might have. Here is a list of the most common documents your Bankruptcy Attorney might need to adequately prepare your bankruptcy petition.
Questionnaire: Your bankruptcy attorney will most likely begin by asking you to fill out a fairly extensive questionnaire. Not only will the questionnaire ask you to list all of your debts, income, and assets, it will ask many questions about many different types of assets you might have held and transactions you have done in the past two to five years. The questionnaire will give your attorney a very good overall picture of what your financial profile really looks like and will help them determine what other types of information is needed to file bankruptcy in Jacksonville, Florida.
Credit Report: You will be asked to pull your credit report. This will allow the highest chance of all of your debts being including in your bankruptcy. I usually recommend, when possible, pulling your credit report from all three credit bureaus to make sure a debt is not forgotten.
Proof of Income: For determination of whether you can file a Chapter 7 Bankruptcy or a Chapter 13 Bankruptcy, your attorney will need proof of the last six months of your income. If you receive pay stubs, this means six months of your paystubs. If you own your own business, this means a profit and loss statement for the most recent six month period. If your income only consists of Social Security or retirement income, you will need the most recent year’s award letter.
Other types of information is needed to file Bankruptcy in Jacksonville, Florida may include your tax returns from the past two years, bank statements for at least the last six months, titles to assets such as real property and vehicles, and your most recent mortgage statement, to name a few. The list could go on and on depending on your specific financial profile.
The most important thing to keep in mind when gathering all of the information your attorney requests from you is that Federal Law requires you to disclose absolutely everything. You know your financial profile better than anyone else. Therefore, if you are unsure whether or not something should be included or listed in your bankruptcy petition, be sure to ask your attorney as your attorney only has the information you have provided to them. He or she will then be able to tell you if it is something that needs to be disclosed to the bankruptcy court.
Contact the Law Office of David M. Goldman, PLLC today to get your bankruptcy started and you on your way to a fresh start. (904) 685-1200