Are you one of those people who are overwhelmed by debt and are contemplating filing for bankruptcy? If so, this post is for you.
Filing for bankruptcy might seem complicated, but it doesn’t have to be. To make the process smoother and less stressful for you and your attorney, consider taking a few simple steps. In this post, we’ll discuss what great bankruptcy clients do to help their attorneys assist them effectively.
Provide Documents in an Appropriate Format
One of the most important things you can do to help your attorney is to provide all the necessary documents in an appropriate format. Typically, people use PDF documents in the business world, and most bankruptcy attorneys also accept PDF. If you provide documents in alternate formats like JPEG or TIFF format, it may take your attorney extra time to modify them before submitting them to the court. Some attorneys offer a portal where you can upload your documents, while others may prefer to receive them by email. Either way, it’s crucial to send all the documents in one email with multiple well-labeled attachments.
Organize Your Documents
Bankruptcy involves summoning a lot of paperwork, and you will need to provide financial information about your assets, debts, and income. Thus, you must ensure all your documents are well-organized before giving them to your attorney. Go through all your documents and create a checklist of required documents. Label each document using appropriate titles such as bank statements, pay stubs, tax returns, or insurance documents. It’s essential to provide all necessary documents since you need a document to ensure your bankruptcy case is completed on time.
Provide Accurate Information
To fill out the bankruptcy petition, your attorney will need accurate information from you. Therefore, it’s essential to be honest and forthright about your finances, assets, and debts. Providing inaccurate information will not only delay your case but can also result in legal consequences. Be sure to inform your attorney of any significant debt or assets you own, even if it’s not listed in your credit report or financial statement.
Answer All Questions Honestly
Your attorney will ask you many questions, some of which may seem too personal. They may ask about your income, expenses, past bankruptcies, or lifestyle. It’s vital to answer all the questions honestly since providing false or inaccurate information can have legal consequences. Your attorney may even re-phrase a question or ask it in a slightly different way to ensure they get an accurate response.
Keep in Touch With Your Attorney
You and your attorney are a team, and communication is vital to ensuring the bankruptcy process runs smoothly. If you have any questions or concerns regarding your case, contact your attorney immediately. Ensure that you respond to all their queries promptly and honestly. Keep your attorney updated on any changes to your finances or personal life, such as job loss, marriage, or relocation.
Bankruptcy can be an overwhelming experience, but with the proper support, it doesn’t have to be. By following these tips, you can make the bankruptcy process smoother and easier for you and your attorney. Remember to provide all the necessary documents in an appropriate format, be honest and accurate about your financial information, and keep in touch with your attorney throughout the process. By doing these things, you will increase the chances of a successful bankruptcy filing and move towards a new financial beginning.
Do you have questions regarding the bankruptcy process? Wondering if bankruptcy is right for you? Whatever questions you may have, we can help. Call today to schedule your free consultation with one of our experienced bankruptcy attorneys in the Vancouver-Portland metro area.