How Do I Prepare for Bankruptcy?
Preparing for bankruptcy can be a difficult and daunting task, but it is important to do if you are considering filing for bankruptcy. Here are a few tips on how to prepare for bankruptcy:
1. Organize your financial documents. This includes tax returns, pay stubs, bank statements, and credit card statements. This will help you and your attorney determine which assets and debts will be included in the bankruptcy petition.
2. Make a list of all of your creditors. Include the name, address, phone number, account number, and balance owed for each creditor. This information will be used when filing the bankruptcy petition.
3. Determine which type of bankruptcy you will file for. There are two types of personal bankruptcies: Chapter 7 and Chapter 13.
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