What To Bring To Your Initial Consultation
Here is some information that will help you prepare for your initial consultation with an attorney
A Short Guide of the Most Important Items to BringA bankruptcy consultation is great opportunity to learn about the filing process and whether it is the best option for you. It is the perfect time to ask questions, go over your concerns, and find out how bankruptcy works.
During the consultation, you will discuss your circumstances and review your options and the best strategy to move forward. To assist the bankruptcy attorney in understanding your financial background and filing eligibility, there is documentation you may want to bring with you for review.
Since most consultations are free, debtors should be prepared to ask and answer questions about filing and if it is something they should consider. Reviewing your situation with ample documentation helps puts the possibility of filing into better perspective. The following documents may be helpful during your consolation.
Proof of income. This may include pay stubs from your job, self-employment earnings, and other forms of income such as workers compensation, retirement, child support, social security and other income types. You may need to provide income proof for the last 6 months if possible.
Income tax returns. In most cases it should be documentation for the last 2 years. If you intend to file bankruptcy make sure taxes are filed and current.
List of debts. This includes credit cards , medical bills , mortgage, vehicle, personal loans, and other outstanding loans or monies owed. If you have received a summons or notification of being sued (lawsuit), present this as well.
Household expenses. This includes a list of necessary living expenses such as food, clothes, utilities, rent, medical and other payments you make on a monthly basis. Debt payments, charitable contributions and insurance premiums should also be included.
A Final NoteIf you have valuable assets such as retirement accounts, jewelry, stocks, property or other items, you may want to ask how these items can be protected in bankruptcy. You may not need to bring everything, but the more you bring, the better idea you get in understanding your eligibility.