What type of information will I need to provide to my attorney before filing for bankruptcy?

When considering filing for bankruptcy in Colorado, you need to provide your attorney with certain information before taking the next step. This information will be used by your attorney to correctly assess your current financial situation and create a plan that will be tailored for your unique situation. In order to determine if bankruptcy is the correct decision for you, your attorney needs to understand your current financial situation. This includes having a detailed list of your current assets and liabilities (including the amount owed and the creditor to whom the debt is owed). This is important because it will allow your attorney to determine if bankruptcy is the best solution for you, and if so, which type of bankruptcy is right for your situation. Additionally, your attorney will need a copy of your most recent tax return for the past two years, and a detailed list of your income sources, including your employment or Social Security income. The attorney should also be informed of any changes to your income that occurred within the past six months such as a job loss, wage reduction, or an increase in expenses. Lastly, you should provide your attorney with information about any lawsuits that have been initiated against you for non-payment of debt. Having all of this information will allow your attorney to give you the correct advice and help you make the best decision regarding bankruptcy.

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What type of information will I need to provide to my attorney before filing for bankruptcy?

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