There are 3 big requirements for filing for Chapter 13 bankruptcy. The first requirement is to provide to your attorney proof of all of your income for the most recent 2 months prior to filing. This information gets forwarded to the Chapter 13 Trustee to verify the numbers contained in the Chapter 13 Petition. Second, the person must submit proof of the past 4 years of Federal tax returns which were filed with the IRS. If the person was not required to file Federal tax returns, we can prepare an affidavit to that effect. Lastly, the person must complete a pre-filing, credit counseling session before a case can be officially filed. This is a 90 minute telephone call done with a separate company. The cost for such credit counseling at the time of this video is $15.00. These are the 3 big filing requirements for filing Chapter 13 bankruptcy.
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