If you are going to file a Chapter 7 or Chapter 13 bankruptcy, your attorney will ask you to provide numerous financial documents, including your tax returns. Many clients ask why it is necessary to provide both state and federal tax filings. Below are a few reasons:
Your tax documents provide your lawyer with a lot of financial information in one location. By reviewing your returns, your lawyer can quickly get an overall picture of your financial situation.
Your bankruptcy petition will be based off of your tax returns. All debtors are required to make full financial disclosure to the court. Most of the information you must disclose, you have already reported on your tax filings.
Your tax returns provides your attorney with the details. Your bankruptcy filings are examined by the trustee and, the more detailed and accurate the information is, the easier it is to approve your petition.
Firefox recommends the PDF Plugin for Mac OS X for viewing PDF documents in your browser.
We can also show you Legal Updates using the Google Viewer; however, you will need to be logged into Google Docs to view them.
Please choose one of the above to proceed!
LOADING PDF: If there are any problems, click here to download the file.