Before filing for bankruptcy in Pennsylvania, a number of things need to be considered. It is not something that someone can do if they can no longer keep up with their bills. Bankruptcy is a process and like most processes, there multiple things to consider before filing. The first requirement you need to meet is the residency requirement, meaning you must have been living in the state for at least 91 out of the 180 days prior to your bankruptcy filing date. In Pennsylvania, each bankruptcy court has a certain jurisdiction and each court then handles cases in certain geographical regions. While there is no waiting period to file for bankruptcy, there are waiting periods for successive bankruptcy discharges. This means that there is a waiting period of at least eight years between Chapter 7 bankruptcy discharges. For other chapters this may be less. Before filing for bankruptcy in Pennsylvania, you must take a pre-bankruptcy credit counseling course from an approved provider. Moreover, how much debt you have determines the type of bankruptcy that you may file. Your bankruptcy attorney can advise you on which Chapter may best suit your circumstances. Before you make plans to visit a bankruptcy attorney, there are some documents that you are going to need to help the process move along as smoothly as possible, so make sure you take them with you. Here are the documents you need to bring to your bankruptcy attorney at Melaragno, Placidi & Parini:
- A list of all of your known debts including personal and business loans, medical bills, student loans, mortgage loans, car loans and credit card bills.
- Bring a recent bank statement, last filed tax return and most recent pay stub.
- You will have to gather additional documents once you decide you want to file a bankruptcy, the documents listed above will provide your attorney with sufficient information to evaluate your situation and recommend an appropriate chapter to file.