Phoenix Bankruptcy Law News

What Documents Are Needed for a Basic Bankruptcy Case?

What documents do you need for a basic bankruptcy case in Arizona? Bankruptcy isn't easy to come to terms with for many who decide to file. The process and knowing what documents you should file shouldn't be adding to your stressful situation.

When you file for bankruptcy, you'll be asked to disclose a certain set of documents regarding your financial situation. Here's a general overview of what you'll likely need when filing for bankruptcy in Arizona:

  • Valid identification. When you appear for your bankruptcy hearing, and in general, you're going to need valid photo identification to prove that you are who you say you are. This may include your driver's license, birth certificate, and/or proof of social security number.
  • Tax returns. You'll of course need copies of your tax returns, probably for the last two years that you've filed. If you, for some reason, have not filed, you'll probably need to report the reason for not filing. You may simply be required to file for those years first before your bankruptcy case can move forward.
  • Pay stubs. For those who work, you'll need to provide proof of your income by making copies of your pay stubs for the most recent six-month period. Even if you don't work, make sure you have any proof of your current or recent source of income handy.
  • Bank accounts. Bank account statements will likely be required, as well. Keep in mind, a bankruptcy case is going to require anything that will help determine your financial situation.
  • Assets. If you own any vehicles, real property, or other notable assets that are contributing to your bankruptcy, make sure that you have all copies of your vehicle registration, valuation of your property, and other proof of ownership.
  • Special circumstances. If you have any special circumstances contributing to your bankruptcy, such as alimony, child support, or other reasons for your financial hardship, gather those related documents and have them ready.

Luckily, the documents needed for bankruptcy are generally the same, and do not vary if you're filing for Chapter 7 or Chapter 13 bankruptcy. A full list of Arizona's available forms for bankruptcy is also available for your convenience.

Getting a headache at the thought of sifting through all of that, though? Try LegalStreet's bankruptcy forms -- a special package for certain states, including Arizona, gives you access to notice, disclosures, declarations, exhibits, applications, reaffirmations, and more.

(Disclosure: LegalStreet and are owned by the same company.)

Related Resources: