Please bring the following documents to your first appointment and we will inform you of any missing documents. These documents are necessary for us to file your Bankruptcy petition. The sooner we receive the documents from you, the more efficient our team can arrange your case and file it to Court.
- Driver's License
- Social Security card or ITIN number
- Past 2 paystubs
- Any lawsuits
- Any collection letters
- Last filed taxes
- Recent car statement
- Recent mortgage statement (if applicable)
STATEMENT MANDATED BY SECTION 527(b) OF THE BANKRUPTCY CODE
IMPORTANT INFORMATION ABOUT BANKRUPTCY ASSISTANCE SERVICES FROM AN ATTORNEY OR BANKRUPTCY PETITION PREPARER:
If you decide to seek to seek bankruptcy relief, you can represent yourself, you can hire an attorney to represent you, or you can get help in some localities from a bankruptcy petition preparer who is not an attorney. THE LAW REQUIRES AN ATTORNEY OR BANKRUPTCY PETITION PREPARER TO GIVE YOU A WRITTEN CONTRACT SPECIFYING WHAT THE ATTORNEY OR BANKRUPTCY PETITION PREPARER WILL DO FOR YOU AND HOW MUCH IT WILL COST. Ask to see the contract before you hire anyone.
The following information helps you understand what must be done in a routine bankruptcy case to help you evaluate how much service you need. Although bankruptcy can be complex, many cases are routine.
Before filing a bankruptcy case, either you or your attorney should analyze your eligibility for different forms of debt relief available under the Bankruptcy Code and which form of relief is most likely to be beneficial for you. Be sure you understand the relief you can obtain and its limitations. To file a bankruptcy case, documents called a Petition, Schedules, and Statement of Financial Affairs, and in some cases a Statement of Intention, need to be prepared correctly and filed with the bankruptcy court. You will have to pay a filing fee to the bankruptcy court. Once your case starts, you will have to attend the required first meeting of the creditors where you may be questioned by a court official called a “trustee” and by creditor.
If you choose to file a chapter 7 case, you may be asked by a creditor to reaffirm a debt. You may want help deciding whether to do so. A creditor is not permitted to coerce you into reaffirming your debts.
If you choose to file a chapter 13 case in which you repay your creditors what you can afford over 3 to 5 years, you may also want help with preparing your chapter 13 plan and with the confirmation hearing on your plan which will be before a bankruptcy judge.
If you select another type of relief under the Bankruptcy Code other than chapter 7 or chapter 13, you will want to find out what should be done from someone familiar with that type of relief.
Your bankruptcy case may also involve litigation. You are generally permitted to represent yourself in litigation in bankruptcy court, but only attorneys, not bankruptcy petition preparers, can give you legal advice.
NOTICE MANDATD BY § 527(a)(2) OF THE BANKRUPTCY CODE
The purpose of this Notice and the Statement Mandated by Section 527(b) of the Bankruptcy Code, which you have been provided as a separate document, are to make you aware of some of your obligations should you file bankruptcy.
Note: This Notice and the Statement are required by legislation adopted by Congress in 2005, after intense lobbying by the credit industry. At Cero Balance, Inc., we believe that these disclosures are designed to intimidate people who need debt relief under the Bankruptcy Code, and are based on the erroneous assumptions that debtors are dishonest. So long as you are honest and meet the requirements set out under the law, you are entitled to debt relief. At Cero Balance, Inc., we can guide you through all the requirements of filing bankruptcy, so long as you provide us accurate and complete information.
You are notified as follows:
1. All information that you are required to provide with your bankruptcy petition and thereafter in your case is required to be complete, accurate, and truthful.
2. All assets and all liabilities are required to be completely accurately disclosed in the documents filed to commence the case, and the replacement value of each asset as defined in section 506 of the Bankruptcy Code must be stated in those documents where requested after reasonable inquiry to establish such value.
3. Current monthly income, the amounts specified in section 702(b)(2) of the Bankruptcy Code, and, in a case under chapter 13 of this title, disposable income (determined in accordance with section 707(b)(2)), are required to be stated after reasonable inquiry.
4. Information that an assisted person provides during their case may be audited pursuant to this title, and that failure to provide such information may result in dismissal of the case under this title or other sanction.