What documents will I need to file for bankruptcy?

When filing for bankruptcy in South Carolina, you will need to provide certain documents in order to complete the process. The first document you will need to file is the Voluntary Petition for Individuals Filing for Bankruptcy. This document is a legal form that states your intention to declare bankruptcy and is filed with the bankruptcy court. The next document you will need to file is a Statement of Financial Affairs. This document outlines your financial information, such as your income, expenses, assets, liabilities, and other financial details. You will also need to submit a number of schedules, which will provide specifics about each of the categories in your financial statement. You will also need to provide documentation related to any creditors, such as a list of creditors and an accounting of the amount you owe each one. You will also need to provide proof of any income that you receive, such as pay stubs and W-2 forms. On top of these documents, you may need to provide additional paperwork required by the court or by the Chapter 7 trustee, such as proof of any payments you have made to creditors within the last 90 days. You may also need to provide proof of filing any applicable taxes. Once all of these documents have been filed, the bankruptcy court will review your case and decide whether to grant your petition for bankruptcy. If the court approves your filing, the process to discharge your debts can begin.

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