Needed Documents in Yakima Bankruptcy
What documents do I need to file for bankruptcy?
Bankruptcy is available to anyone who truly needs debt relief, but in order to prevent the abuse of this opportunity, the government requires a substantial amount of documentation to prove that you qualify. A knowledgeable Yakima bankruptcy lawyer can help you gather the paperwork you need to be able to file a successful petition in bankruptcy court. Some of the documents required include:
- Tax returns for the last three years
- Credit reports obtained from the three reporting bureaus
- Proof of identification, such as a copy of your driver's license and Social Security card
- Proof of income, e.g. pay stubs for the last 6 months
You will also be required to provide extensive documentation of your full financial assets, such as your home, cars, investments such as stocks and mutual funds, jewelry and any other valuables. It is important to show evidence of your liabilities as well, which can often offset the total value of your estate. Many people fail to properly document their situation and as a result, their petition is either denied because they couldn't pass the means test or they lose a large portion of their property due to missing out on exemptions that would have been permitted.
Bankruptcy Attorney in Yakima
The attorneys at Eastwood Law are experienced with every aspect of bankruptcy, and we can help you assemble a petition with the best chances of success. We know that if you have decided to pursue bankruptcy, you must be serious about wanting to achieve a fresh start. When you come to the firm, we will give you an in-depth consultation to determine if this is the best solution to your situation. As soon as you are ready to start the filing process, we will assist you in assembling the paperwork and documentation to support your case when you go to the court. The outcome of your attempt to declare bankruptcy will depend in large measure on how well you prepare.
Contact a Yakima bankruptcy lawyer for assistance with every aspect of your bankruptcy from beginning to end.