If you’re thinking about filing bankruptcy, one of the first things your attorney will say is:
“Start gathering your documents.”
Many people feel overwhelmed at this stage. The good news? Most of what you need is straightforward.
Here are the Top 10 documents you’ll typically need to file bankruptcy.
1️⃣ Last 6 Months of Pay Stubs
If you’re employed, you’ll need:
- All pay stubs for the 6 full months before filing
- Including bonuses or overtime
This is used to complete the means test and verify income.
If you’re self-employed, you may need a profit and loss statement instead.
2️⃣ Last 2 Years of Tax Returns
Trustees typically require:
- The last filed federal tax return
- Sometimes state returns
These help verify income and refund status.
3️⃣ 2–6 Months of Bank Statements
Every account must be disclosed, including:
- Checking
- Savings
- Online banks
- Joint accounts
Trustees compare your statements to your bankruptcy schedules.
4️⃣ Retirement Account Statements
Examples:
- 401(k)
- IRA
- Pension
- 403(b)
Retirement accounts are often protected — but they must still be listed.
5️⃣ Vehicle Information
You’ll need:
- Loan statements
- Payoff balances
- Titles (if owned outright)
- Lease agreements
Trustees want to know value, equity, and monthly payments.
6️⃣ Mortgage or Rent Information
If you own:
- Mortgage statement
- Home equity loan statements
- Property tax info
If you rent:
- Lease agreement
- Monthly rental amount
7️⃣ Credit Card and Loan Statements
Even if accounts are in collections, gather:
- Most recent statements
- Collection letters
- Lawsuit paperwork
Your attorney needs accurate balances and creditor names.
8️⃣ Lawsuit or Garnishment Papers
If you’ve been:
- Sued
- Garnished
- Served with court papers
Bring those documents immediately. Timing may matter.
9️⃣ List of Monthly Expenses
You don’t need receipts — but you should estimate:
- Utilities
- Groceries
- Insurance
- Gas
- Childcare
- Medical costs
Honesty and accuracy are important.
🔟 Information About Recent Transfers
Be prepared to disclose:
- Large withdrawals
- Payments to family
- Property transfers
- Venmo/PayPal activity
- Sale of vehicles or assets
Trustees routinely review transfers before filing.
📌 Why So Much Paperwork?
Bankruptcy is based on full financial transparency.
You are signing under penalty of perjury.
Accuracy protects your discharge.
The more organized you are, the smoother your case will go.
