Wednesday, June 27, 2012

What documents will my attorney need when I am preparing to file an Oregon Bankruptcy?

If you file for Chapter 7 or Chapter 13 bankruptcy in Oregon the way you present your petition is important if you want your case to proceed as smoothly as possible.  Your debt information, assets, income, expenses and other financial information should be accurate and up to date.

To do this, most attorneys require certain documentation from you. These documents help the attorney make sure that the information that goes into the petition is accurate.

Common documents that may need to be provided to your Oregon bankruptcy are:
1) 7 months of your paystubs, or other income verification;
2) 2-4 years of tax returns;
3) creditor statements;
4) copy of any divorce decree that is in the past 4 years;
5) account information for any stocks, bonds, retirement accounts, etc.
6) paperwork for any lawsuits that you are a party to.

The attorney may also require additional information relevant to your case. For example, if you are a business owner they attorney may need a list of inventory, business tax returns, financial statements, etc.

If you are considering filing a chapter 7 or 13 bankruptcy in Oregon a good rule of thumb is to keep everything. Do not throw away or shred any documents that may be relevant to your financial situation.

For more bankruptcy information feel free to visit our firm.