If you just scheduled your first meeting with a bankruptcy attorney, there are a number of steps you need to take to prepare. By planning ahead, you’ll not only assist your lawyer, but also your petition. To help streamline the process, attorney Frances H. Hollinger in Foley, AL, is happy to explain how you should begin.

How to Prep for a Meeting With a Bankruptcy Attorney

1. Gather Documents

Your petition cannot be filed without a number of vital documents. You will need to bring, at minimum, your two most recent years of filed tax returns and six months of paychecks. If you are self-employed, bring two full years of profit and loss statements. You will also need current copies of your mortgage, vehicle loan, foreclosure paperwork, and a copy of your life insurance. Don’t forget your investment and retirement statement, car valuation, and a copy of your driver’s license. Finally, if you have a marital settlement agreement, bring a copy of that as well.

2. Know Answers to Key Questions

Your bankruptcy attorney might give you a questionnaire to fill out. If they do, make sure you answer each question in detail. When you arrive, your lawyer might ask you why you need to file for bankruptcy. For example, perhaps your home is foreclosing, you’re late on your car payment, or you were hit with a lawsuit. The more specific you can be, the better. Next, be prepared to answer a number of questions about the value of your assets, the type of debt you owe, and if you’ve recently purchased property. Together, you will also discuss your financial goals.

3. Prepare Questions & Concerns

During the meeting, you’ll have the opportunity to ask questions and voice your concerns. You may want to know what type of bankruptcy you should file for, or if you will lose property. Feel free to inquire about fees and payment plans, too. Make a list of all pressing questions before your appointment.

If you need debt relief solutions, contact the bankruptcy attorneys who can help. Call the team from Frances H. Hollinger today at (251) 943-9030 to schedule your consultation. For more information about legal services, visit the firm’s website.