How to Prepare for Chapter 7

This may surprise you, but there is a LOT of paperwork involved in filing for Chapter 7.  All jokes aside, preparing for Chapter 7 is a heady process and involves a lot, if not most, of the leg work prior to actually filing.  If you are considering filing for Chapter 7, it is important to be forward thinking and to prepare as much as you can.  Compiling this information ahead of time can save you a lot of headache when it comes time to file your Chapter 7.  Below are just a few items you will need in order to file:

·         A list of all outstanding debts, including debts in collection status

·         Names and addresses of all creditors

·         Outline of your monthly living expenses

·         List of all real and personal property

The more documentation you have, the more quickly and efficiently your attorney can handle process your Chapter 7.  The bankruptcy law firm Fears | Nachawati Law Firm is experienced in consumer bankruptcy cases and can work with you to make your filing process seamless.