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Requirements for Filing Bankruptcy
- In any bankruptcy case, a debtor must fill out a statement of assets. This requires divulging any sources of income and ownership of property such as paid-for vehicles, interest in a house, jewelry, and other goods and banking accounts.
- All debts must be listed in a bankruptcy file, even those that may not be dischargeable, such as student loans or child support debt.
- A debtor must provide copies of his tax returns, usually the last three years. These taxes rarely can be discharged or restructured in a bankruptcy case.
- Since 2005, all people filing any kind of consumer bankruptcy must attend an approved credit counseling session.
- Debtors filing bankruptcy are required to attend a 341 hearing, also known as a meeting of creditors, at their local federal bankruptcy courthouse. Except where fraud is suspected, creditors usually do not protest bankruptcy cases.
Statement of Assets
Statement of Debts
Tax Returns
Credit Counseling
Meeting of Creditors
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