The Effective Chapter 13 Planning

The Effective Chapter 13 Planning """A successful Chapter 13 requires hard effort on the part of both the attorney and client. Clients should read as much information as feasible prior to their initial consultation with the attorney. There are applications and documents that must be completed and signed. The client should collect all financial documentation. You will require:

3 years of tax filings;

Six months' worth of bank statements (checking, savings, money market, etc.);

6 months of pay advices (typically a pay receipt, but you may have direct deposit or be self-employed, so you must demonstrate how much you earn and how you are paid);

All your invoices;

Copies of any legal actions brought against you;

Any financial instrument, such as notes, mortgages, and property titles;

Tax returns, recent home valuations, and mortgage statements for your property(s);

Statements from all bank, investment, and retirement accounts, including equities, bonds, etc.

A list of assets that were sold or transferred in the previous year;

pertaining to any lease or installment agreements;

Any documents pertaining to your debts;

Any litigation against you - divorce, judgments, foreclosures, garnishments, etc;

Every insurance policy.

Bring your driver's license and social security card to your initial consultation. These documents will be kept in your dossier. DO NOT SEND THESE DOCUMENTS BY MAIL if you will not be meeting your attorney in person. There is your entire financial identity. Use a tracking method, such as FedEx, UPS, or certified mail. Notify the attorney of anything that may be financially significant to you. Not all creditors will appear on your credit reports, so it is essential that you inform your attorney of all potential creditors. Medical providers typically do not include unpaid bills on your credit report. If you have been in an accident or have other legal issues that may affect your finances, be sure to discuss them with your counsel and include them on your application!

If you must file fast, ensure that you have completed the pre-filing course and have your certificate on hand. You might be able to obtain the application in advance and have it already filled out.

Prepare a list of queries for your lawyer. Your meeting will be more productive, and you will depart with a deeper understanding of the issues at hand. The success of your case is highly dependent on your ability to comply with the chapter 13 requirements and the terms of your plan. A comprehensive, complete, and accurate preparation of the forms, application, and documents pertaining to your specific circumstances is crucial to your success.""

" - https://www.affordablecebu.com/