topic Re: Bank accounts I need to know. in Bankruptcy

State Median income to qualify Limit Bank statements-Texas

SSH0126 — Fri, 24 Jun 2016 22:28:15 GMT

So are bank statements needed to prove your income is below a certain level?

What is this level/amount of income you have to be at to qualify for a 7 in Texas?

Re: State Median income to qualify Limit Bank statements-Texas

Scupra — Fri, 24 Jun 2016 22:59:01 GMT

So many new threads buddy Try and post your questions in one thread, I'm getting lost with what questions I have and haven't answered for you.

Yes, bank statements will be required when filing BK.

Re: State Median income to qualify Limit Bank statements-Texas

SSH0126 — Fri, 24 Jun 2016 23:02:12 GMT

Okay. I know every board is different I am reading through 153 pages of a variety of questions because of this. Informational yes but whew.

Re: State Median income to qualify Limit Bank statements-Texas

Anonymous — Fri, 24 Jun 2016 23:12:15 GMT

I had to supply a couple of months worth.

If you visit an attorney and speak with them, they will give you a list of everything you need to provide in order to file. They ask for everything! It took me 4 months to get it all together because I had a small business under an S Corp and shutting it down mid-year and get all the reporting ready to file was a nightmare.

Re: State Median income to qualify Limit Bank statements-Texas

dt3813 — Fri, 24 Jun 2016 23:24:33 GMT

youll have to provide more than you can imagine.... Bank statements, tax returns, everything...

Bank accounts I need to know.

SSH0126 — Mon, 27 Jun 2016 18:41:17 GMT

Okay so if I close my current bank accounts and open a new account elsewhere..then file BK..if the lawyer wants bank statements 12 months back what do I do? for example sake at the time of filing I have had the new account open for 2-3 months.

Will the trustee/my attny make me go back to the old bank to get this statements?

Re: Bank accounts I need to know.

wissam — Mon, 27 Jun 2016 19:20:05 GMT

they will ask for your old bank account statments for 3 months probably . also the new one they just want to make sure u are not hidding money or paying for Luxuary

Re: Bank accounts I need to know.

SSH0126 — Mon, 27 Jun 2016 19:21:12 GMT

So I will have to get with the old bank and ask for statements for the old account correct?

@wissam wrote:
they will ask for your old bank account statments for 3 months probably . also the new one they just want to make sure u are not hidding money or paying for Luxuary

Re: Bank accounts I need to know.

wissam — Mon, 27 Jun 2016 19:25:53 GMT

yes if u can .. otherwise ask your lawyer what u should do .

but it would not be a probelm tho .

Re: Bank accounts I need to know.

Anonymous — Mon, 27 Jun 2016 19:51:35 GMT

@SSH0126 wrote:
So I will have to get with the old bank and ask for statements for the old account correct?
@wissam wrote:
they will ask for your old bank account statments for 3 months probably . also the new one they just want to make sure u are not hidding money or paying for Luxuary

Do you have electronic statements that you can print from your computer? If so, start downloading and printing them - better to have too many months than have to go to a branch to get them.

I would recommend pulling anything you remotely think you'll need later - credit card statements, utility bills, back accounts, car payments, etc. Some creditors will turn off your online access after you file and getting information from them can be a challange. Some items you need to pay like a mortgage (rent or lease) or your car payment, they cannot bill you during the bankruptcy stay. So you'll want to have your account numbers and payment addresses handy so that you can continue to send payments in order to stay current. In addition, having the information printed and on hand helps if you need to dispute anything that doesn't get updated on your credit reports correctly. To this day I'm kicking myself for a bill I forgot to print.........

Re: Bank accounts I need to know.

wissam — Mon, 27 Jun 2016 19:53:41 GMT

Agree 100%