Required Bankruptcy Documentation
Posted By Stone Law Firm on Jul 28, 2010 4:03pm PDT
When people file for Chapter 7 or Chapter 13 bankruptcy in Utah, they will be responsible for fulfilling paperwork production requirements. These requirements are outlined by Section 521 (a)(1)(B) and in order to move forward with bankruptcy, people must produce the following documents:
§ An attorney certificate. As required by Section 342(b) of the Code, people must have a certificate or attorney or a petition preparer that shows they were given information notice.
§ Monthly net income statement.
§ Proof of income. People must submit specific proof of income, such as pay stubs, that were received 60 days before their bankruptcy petitions were filed.
§ Anticipated change of income. A statement must disclose any expected changes in increased income or expenditures over a 12 month period following the filing of a bankruptcy petition.
§ Educational IRA (individual retirement account). This is filed with the court to record interests in an educational IRA.
If you have questions about what documents must be produced when you file for bankruptcy in Utah, contact the Stone Law Firm and speak with a Salt Lake City bankruptcy attorney.