What Should You Bring to a Meeting with Creditors?
A debtor filing for Chapter 7 or Chapter 13 bankruptcy will eventually need to meet with creditors or a bankruptcy trustee to discuss the nature of his or her bankruptcy. While this may seem stressful, a person can generally get through this meeting smoothly with the help of a knowledgeable legal advisor in order to move on to the next steps of bankruptcy.
If you’re thinking about filing for bankruptcy, you may benefit greatly from the guidance and assistance of an experienced bankruptcy attorney. To learn more about how we may be able to help you throughout the Chapter 7 or Chapter 13 process, contact a Joliet bankruptcy lawyer of the Law Offices of Stuart B. Handelman at 815-722-2201.
Documents Needed for Creditor Meetings
When people begin to speak with their creditors during the Chapter 7 or Chapter 13 bankruptcy process, they will meet in what is known as a 341 hearing. These meetings are primarily used to verify the validity of the debtor’s claims for bankruptcy.
To prepare for this meeting, a person heading into bankruptcy should collect the following pieces of information:
- Deeds to property
- Titles on cars
- Bank statements
- Mortgage-related documents
- Available tax returns
- Pay stubs
These documents may be used by the bankruptcy trustee to determine whether a person is allowed to continue with the bankruptcy process. The individual filing for bankruptcy may also be asked a series of questions by the trustee, which can be easier to work through with the help of a legal advisor.
If your expenses have pushed you towards a state of insolvency, we may be able to help you prepare and file for bankruptcy. For more information about our dedicated legal services, contact the Joliet Chapter 13 lawyer or Chapter 7 lawyer of the Law Offices of Stuart B. Handelman by calling 815-722-2201 today.