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Filing a Chapter 7 Petition

You Need to Provide Information To Your Attorney

You Need To Provide Information About Your Assets

  • Monthly income from all sources
  • Any entitlement to inheritance / trust income / annuities
  • Any lawsuits or potential lawsuits
  • Any retirement / pension / IRA / 401K
  • Prepaid burial plots
  • Investments
  • Insurance policies, including any cash value

You Need To Provide Information About Your Debts

  • You Need To Provide Information About Your Budget Expenses
    • Average expenses for utilities
    • Average expenses for food / laundry / clothing
    • Average expenses for mortgage / rent
    • Average expenses for insurance expenses
    • Average expenses for medical expenses
  • You Need To Provide Information About Your Debts You Seek To Discharge
    • Name and address of creditors
    • Account numbers and balances
    • Any creditors you paid money to in the past 3 months

You Need To Gather Documentation

You Need To Provide

  • Copies of Deeds
  • Copies of Vehicle Titles
  • Copies of your mortgage
  • Copies of your pay stubs
  • Copies of your last 2 years Tax Returns
  • Copies of your debts, showing name, amount, address, account number

You Need To Pay Your Attorney Fees

You Need To Review and Sign Your Petition and Schedules

See Flow Chart, Chapter 7