How To File for Bankruptcy in California

There are many different factors that need to be decided by yourself before you file for bankruptcy. First, you are going to need to figure out if you are going to represent yourself, or if you’re going to be represented by a bankruptcy attorney. There are numerous California Bankruptcy Attorneys who will handle your bankruptcy case for you.  It is not advisable to represent yourself in bankruptcy cases, but if you do decide to go that route here are some steps that you should take:

Get documents

Gather all necessary documents pertaining to your case. This generally includes:

• Income Information - Pay Stubs for the last 6 months.
• Creditor Information - What you owe and how much.
• Asset Information – Any information on 401k and other assets you may have.
• Tax Returns – Have the last 4 years of tax returns on you as well.

Go To Class

Take a credit counseling class within 6 months of filing for bankruptcy. This can be done online or over the phone. Usually takes about an hour and 15 minutes.

Fill Out Paperwork

You will need to complete a bankruptcy petition and schedules and file them with the court where you have lived in the last 180 days.

If you have hired a California Bankruptcy Attorney then they will fill out the documents and schedules for you, and also turn them in to the proper place.

341 Hearing

Bring proof of Social Security and your ID to the bankruptcy hearing. You are going to need to be prepared to answer questions about the information filed on your petition.

If you have hired an attorney then they will be there beside you and able to answer any questions or concerns that you may have.

Debtor Education Class

After completing your 341 hearing you will also need to attend another class “Debtor Education Class”. Upon completion of the class you will need to file a B23 form with the court. The B23 form simply indicates that you have taken the Debtor Education class.

If you have any question about the bankruptcy process, it is highly recommended to contact an experienced attorney. At McFarlin & Geurts, we offer free consultations to prospective clients. Contact us today  today at (888) 728 0044