Points to remember when you go to a bankruptcy lawyer’s office

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After a phone call, you may decide to meet the Houston lawyer in person so that both of you can go deep into the nitty-gritty of the case and move your bankruptcy filing procedure to the next level. However, when you visit their Houston office, make sure you are adequately prepared for the consultation to avoid wastage of time and delay in the process. Here are a few tips that you can follow to ensure you have a productive meeting with the attorney.

1. Collecting documents

Monthly household spending

Calculate all the bills and expenses related to your household that you pay every month. It includes everything, right from rent, utility bills, telephone bills, cable, food, laundry, clothes, transportation, entertainment, recreation, charity, insurance, property tax, pet care, medical bills, maintenance, child support, etc.

Income proof

Whatever is your earning, you should carry proof of that with you when you go to the lawyer. It can be your pay slip, retirement earning, workers compensation, business income, etc. The bankruptcy litigation attorney may need a record of the last six months. So, keep that in mind.

Income tax return

Carry the receipt of your income tax returns that you filed. It will be better to have records of the previous two years. In this context, it is essential to note that some lawyers may ask you to pay your taxes first if you had not before beginning the filing procedure.

Identity proof

The law needs to know your real identity. So, having your driver’s license, passport, social security number ready is essential.

Financial statements

You will have to provide your bank statement of last two months or so along with all the debts that you are liable to pay, including credit card, mortgages, loans, lawsuits, medical bills, etc.

Property papers

The lawyer may also want to look at your property documents to assess your financial situation. So whatever investments you have, make sure to carry their documents with you. It can be mutual funds, 401k, retirement accounts, etc.

2. Making a list of questions to ask the attorney

You may have some more doubts or questions regarding the bankruptcy filing to clarify with the lawyer. So, note them down whatever they are. It can be about the option of the bankruptcy filing, debt payments, service charges, and attorney’s fees, mode of payment, property, etc. At the same time, you may want to know how much time this entire process is likely to take, who you can contact in case of any question or doubt, or if you have to provide any more details.

3. Preparing answers for the questions the attorney may ask

After identifying the main problem, the lawyer may inquire some more things from you to suggest you the best bankruptcy plan for you. The queries can be concerned with your marital status, the number of kids, debts you owe, assets, recent investment or transfer of title of the property, and so forth. Hence, make sure you have all the data readily available.

These are some basic things that you have to be careful with while meeting your attorney in his office. It will only help you take quick actions.

July 1, 2019 · Tim Kevan · Comments Closed
Posted in: Uncategorized