Documents Needed to File Bankruptcy

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When you file bankruptcy, there will be a Bankruptcy Trustee appointed to oversee your case. The Trustee will be charged with a fiduciary duty to perform a “due diligence” investigation and verify your assets, debts, income and expenses as well as your financial affairs. In order to allow the Trustee to fulfill his or her duties, your bankruptcy lawyer must provide the Trustee with certain requisite due diligence documents.

Prior to your bankruptcy filing, your bankruptcy lawyer should thoroughly review your due diligence documents in order to be aware of any potential issues before you file bankruptcy so that once your bankruptcy is filed it will proceed as smoothly as possible.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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