BankruptcyFinancial documents required for bankruptcy

November 11, 2015

Filing for bankruptcy, while frightening, can often provide individuals and families with a great deal of relief from financial hardships. If you have decided to file for bankruptcy in Birmingham, you will need to collate and provide several important financial documents.

Usually, the bankruptcy court requires debtors to submit their income statements, a complete list of assets, any existing loans or obligations, ongoing leases or contracts, expenditures, and tax returns. The financial documents that will be submitted should be accurate and without omissions. While preparing such documents is a court requirement, it also provides individuals filing for bankruptcy with the opportunity to assess all of their financial obligations.

Working with a lawyer to compile and present all of this information can be the difference between an approval and a denial. It is essential that you submit a complete and accurate application to the court when filing for bankruptcy, and the attorneys at Greenway Bankruptcy Law, LLC can help you do just that. Call us today at (205) 324-4000 to learn more about how we can help you find your financial footing.

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