Which Forms Are Necessary For Your Bankruptcy?

If you are planning on filing for bankruptcy there are certain rules that you must follow and certain bankruptcy forms that you must use. The set of forms differ based on which type of bankruptcy you are declaring, but by reviewing and understanding the rules of the bankruptcy code, you can get a good idea of the specific forms you must use for your particular bankruptcy petition.

The Bankruptcy Code

When it comes to the official rules and regulations regarding bankruptcy law in the United States, only one thing comes to mind – the Bankruptcy Code.  Within the Bankruptcy Code are all the official rules and regulations that govern the different types of bankruptcy.  Additionally there are statutes that include original statutes or revised statutes as well as the different procedures that govern bankruptcies on the federal, civil, and state levels. 

Whether you are filing the most popular types of personal bankruptcy (chapters 7 or 13) or you are considering your bankruptcy options, the Bankruptcy Code gives provides all of the information that you will ever need.

There are many books that have been written about the official bankruptcy rules.  These books are not free and charge a hefty fee for you to review information that is offered free of charge online at the bankruptcy courts website.

 The U.S. Courts website provides updated information on the Bankruptcy Code as well as any new and revised official forms for use.  The forms are offered in an Adobe pdf format and are readily available for downloading.  Additionally, there are memorandums that detail any changes made to the Bankruptcy Code.

 In order to better understand the bankruptcy rules, you may benefit from hiring a bankruptcy attorney.  A bankruptcy lawyer can assist you in breaking down these rules so that they are easier to comprehend by the average person.  For example, let’s say that you were interested in filing a Chapter 7 bankruptcy, but due to new rules you may not qualify for filing the Chapter 7 bankruptcy.  By having a bankruptcy attorney, you will be able to understand the new rules and restrictions governing the filing requirements for a Chapter 7 bankruptcy.

Official Bankruptcy Forms

Many of the official forms for filing a particular kind of bankruptcy, are available online at the U.S. Courts website.  Those forms that are not available online can be found at your local courthouse. Generally, the forms include:

• A list of your creditors
• A list of your assets
• A list of any co-debtors

Getting Help

If you are unsure of how to complete the forms then you should either contact a lawyer directly. Your attorney can assist you in collecting and completing any and all of the forms you may need. By getting the help of an attorney to properly complete these forms, you can ensure your bankruptcy moves smoothly through the court system without problems.