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Thursday, 19 December 2013

Local Charlotte Bankruptcy Attorney Provides Bankruptcy Faqs

By Lakisha Curtsinger


When you are having serious financial problems, your Charlotte bankruptcy attorney is there to help. You may have many questions about your situation, and perhaps the most commonly asked question from people concerns what to bring on the initial lawyer consultation. Here are some of the things you should consider.

The law states that you must have income analysis before declaring a chapter 7. This means you need to bring definite proof of income for at least six months. Include all of your pay stubs and any receipts for bonuses and if you are self employed bring those income records.

Home owners need details on their property. Include all of your mortgage information and how much you owe the lender on your home. Try to figure out an approximate value of your house, and you can check out local sales on similar properties to get a reasonable estimate of your home's value.

At your initial consultation you should have info on all loans that you have incurred. You should bring along all charge card statements too. Perhaps you owe medical bills or other things. These items must be included plus pay off amounts. In fact, bring in any paperwork that you feel is important.

You need to determine your approximate worth in dollars and compare that against all the debts that you owe. For your assets, include everything you own including personal possessions like jewelry. You also must include recreational vehicles like ATV bikes and jet skis.

On your first visit with your Charlotte bankruptcy attorney you can ask the lawyer about anything on your mind. The better prepared you are, the more your lawyer can help you. Talk to the helpful staff at the office to make sure you have everything you need for the first visit.




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