87 Things You Need To Know Before You File Before You File - PDF

87 Things You Need
to Know
Before You File
Bankruptcy
Written and Published by
Victoria Ring, Bankruptcy Paralegal

1601 W Fifth Avenue, #123
Columbus, Ohio USA
Voice: (614) 486-7642 Fax: (614) 486-8840
updated April 22, 2002
email: victoria@victoriaring.com
website: http://www.bankruptcyparalegalservices.com
An Important Message to the Readers:

This free ebook provides information from the knowledge and viewpoint of a bankruptcy paralegal.
However, laws and procedures change frequently, and they can be interpreted differently by different
people. For specific advice geared to your particular financial situation, consult a qualified bankruptcy
attorney. No book, software, or other published material is a substitute for personalized advice from a
knowledgeable attorney licensed to practice law in your state.
An Important Message to Legal Professionals:

Since this book is provided free, you also have the authors permission to reproduce it in any manner
you feel will benefit your client base. All that is required is that you mail a copy to Victoria Ring, 1601
W Fifth Ave #123, Columbus OH 43212-2303. Also, please email or call Victoria at 614-486-7642 if
you would like a version of this book printed that is customized with your name and address. This book
may also be distributed over the internet as a PDF document as long as it is it not offered for sale.
Interested in Starting a Business?

If you would like to offer bankruptcy petition preparation services in your area, we have developed a
program which allows you to make extra money from your home. There is no cost to get started.
Simply go to http://www.lawyerassistant.com to review our services for legal professionals. Fill out
the online form and you will receive a free personalized set of bankruptcy intake forms, customized
with your name and address. Make copies of the forms, charge the fee allowable in your state as a
petition preparer and send the forms to us for processing. Some legal professionals using our service
charge as much as $200, pay us $99.95 and make a healthy $100 profit from each petition. Please call
Victoria Ring at 614-486-7642 after you have reviewed the website if you are interested in performing
this service as a home business or add-on to your established practice.
Earn a $15.00 Referral Bonus:

If you have a friend, relative or co-worker interested in filing bankruptcy, please make a copy of the
forms in this book (starts on Page 16) and give them to fill out and return to us. Be sure to write your
name and address on the Referred By line at the top of the GENERAL INFORMATION form. When
we receive the petition with your name and address on the Referred By line, we send you a $15.00
referral bonus check. There is no limit to the number of referral checks you can receive, so if you like
our service -- get paid for it by referring clients to us.
TABLE OF CONTENTS
Page
Who Will Benefit From This Information .....................................................................
Overview ....................................................................................................................
Free Forms Included ..................................................................................................
Paid Services .............................................................................................................
How to Determine if you Should Hire Victoria Ring to

Prepare Your Bankruptcy Petition ..............................................................................
Summary of Skills and Experience of Victoria Ring ...................................................
How Hard is it to File a Bankruptcy Petition? .............................................................
Some Terms You Need to Know Concerning Bankruptcy .........................................
Chapter 7 Bankruptcy ................................................................................................
Chapter 13 Bankruptcy ..............................................................................................
Changes in Payments During a Chapter 13 Bankruptcy ............................................
Chapter 11 Bankruptcy ..............................................................................................
Steps That Occur for Either a Chapter 7 or Chapter 13 Bankrupcty ..........................
Other Facts that You Need to Know ..........................................................................
Debts That Cannot Be Discharged .............................................................................
The First Steps in Preparing a Bankruptcy Petition ....................................................
How Your Credit Will be Effected by Bankruptcy ....................................................... 11

Other General Questions and Answers...................................................................... 11
Websites to Help you Learn More About Bankruptcy ................................................. 14
Summary .................................................................................................................... 15
Information-Gathering Forms for the preparation of Your Bankruptcy Petition .......... 19
87 Things You Need to Know

Before Filing Bankruptcy
WHO WILL BENEFIT FROM
THIS INFORMATION
This ebook that you downloaded from the
internet is dedicated to helping the following
types of people:
(a)
Consumers people who are
interested in learning more about bankruptcy
and/or interested in filing their own bankruptcy petition.
(b)
Paralegals legal professionals
working for an attorney/boss who is considering offering bankruptcy services to clients
and is unfamiliar with some of the basic
procedures.
(c)
Attorneys legal professionals
who do not normally offer bankruptcy services to clients, but are interested in doing
so. The forms included in this ebook can be
printed and used in your own law office as
master intake interview forms for your own
clients.
OVERVIEW
A person just doesnt wake up one morning
and say, Hey, I think I will file bankruptcy
today. Instead, it is normally a long process
of worry, struggle and guilt before people
reach this point. However, the decision to file
bankruptcy is the legal right of every citizen
in the United States.
To give you a quick history lesson the
bankruptcy law is derived from the same
type of laws the Jewish nation enacted back
in the Old Testament period. Every 7 years
their debts would be forgiven and they could
start fresh. (It was called the Year of Jubilee.) These laws were not enacted because
the society wanted to be nice and sweet to
people; it was done because they knew that
keeping people under debt forever was not

good for their society as a whole. By forgiving debts every 7 years, those experiencing
the heavy burden of debt could now afford to
put money back into the economy and
hopefully stay out of debt so the problem did
not occur again thereby causing the
society as a whole to grow and prosper.
Our United States government knows that if
there is no way to forgive heavy, burdensome debts, many people will eventually end
up on welfare just to survive, thereby raising
taxes, causing high unemployment, effecting
prices and causing other companies to go
out of business because the majority of
people couldnt afford to buy their products
or much less, anything else even if they
wanted to. This situation would eventually
collapse the economy of our society.
Therefore, dont believe everything your
friends, neighbors and high-pressured debt
relief companies tell you. Instead, read the
information in this ebook and ask questions
of competent bankruptcy attorneys who are
available free of charge on the internet or
through a group of legal professionals such
as Pre-Paid Legal. (Most bankruptcy attorneys provide a free initial consultation, so
feel free to consult with one about your
particular financial situation who practices
law in your state and jurisdiction.)
Always remember that fear of the unknown
is a natural reaction for human beings who
are unsure about a subject. However, this
ebook was written to take the fear out of the
word bankruptcy. Most importantly, it will
educate you so you can make a more
informed decision about whether filing
bankruptcy is in your best interest or not.
Filing bankruptcy is not necessarily for
everybody, as you will soon see; and after
87 Things You Need to Know Before You File Bankruptcy

Page 2
reading this ebook, you will be in a better

position to make an educated decision about
your present financial condition. If you decide
to go ahead with the process of filing bankruptcy, at least you will know what to expect
after reading this ebook.
FREE FORMS INCLUDED
Beginning on Page 19 of this ebook, a complete set of intake interview forms are provided for you to print out, fill out and mail in at
your convenience if you decide you want to
file your own bankruptcy and have Victoria
Ring prepare your official bankruptcy petition.
You may also use them to sort out your
financial situation or take with you to a free
consultation with the attorney of your choice.
Or, if you are an attorney or paralegal, you
have the authors permission to print out the
forms, remove Victorias name from them and
use them for your own law office for your own
clients.
PAID SERVICES
Victoria Ring is employed as a full-time
bankruptcy paralegal for a medium-sized law
firm in Columbus, Ohio. She has experience
working on the debtor, as well as the creditor
side of the fence, and is very knowledgable
in many areas of bankruptcy.
In an effort to give back to the legal community and to help the average consumer,
Victoria provides pro bono services over the
internet to low-income or no-asset individuals
and families for a fee of $99.95. This fee is
then donated or given back to the legal
community and/or Christian organizations
Victoria has chosen to support, depending on
the current need.
In this manner, Victoria Ring can remain bias
and not violate any laws relating to the unauthorized practice of law, which is not her
intention in any way.
HOW TO DETERMINE IF YOU SHOULD

HIRE VICTORIA TO PREPARE YOUR
BANKRUPTCY PETITION:
As stated before, Victoria Ring is a
bankruptcy paralegal. If she reviews your
intake forms (included in this ebook) and
determines that your case may require
litigation that only an attorney can provide,
she will return your intake forms and payment with a letter explaining why she has
made this decision.
The best way to determine if hiring
Victoria as a bankruptcy paralegal to prepare your bankruptcy petition paperwork is
by using the following guidelines:
1.
Do you have less than $500 per
month left after you pay your normal living
expenses (rent, car payment, food, clothing,
insurance and utilities)?
2.
Do your debts mainly consist of
credit cards, medical bills, repossessions,
and/or wage garnishments?
3.
Have you recently lost your job,
or had a decrease in your normal income?
4.
Have you recently divorced or
separated from your spouse and the debts
are too much for you to handle?
However, if you own several automobiles
with a market value of $1,500 or more
each, own several properties, have a large
amount in a 401K or other investment, own
expensive furs and jewelry, or have collectibles, art and other items that have a
high cash value I strongly urge you to
seek the advice of a bankruptcy attorney in
your area. (Check your local phone directory and call each one until you locate an
attorney that specializes in bankruptcy law;
preferably one that does nothing except
debtor bankruptcy.)

Page 3
The reason for this is because if you have a

large amount of money in assets (items you
own free and clear), you may be asked to
have those items appraised and a portion of
that money paid by you to satisfy some of the
creditors you owe money to. In a situation like
that, a good bankruptcy attorney can help you
to protect more of your assets than a paralegal has power to do.
But, regardless of your financial situation, I
hope you enjoy reading this ebook because it
will help you understand about bankruptcy.
Then you can decide which direction is best
for you to go in at this time.
OnLine Information
Visit the website of your local bankruptcy
court, take the virtual consumer tour, read
bankruptcy articles, questions and answers
from consumers, purchase a training CD for
your paralegal and a lot more. Visit:
http://www.bankruptcyparalegalservices.com/
Short Resume of
Victoria Ring
Summary of Skills:
Typing speed of 95-110 words per
minute with 97% accuracy rate
22 years of part-time, full-time and
independent contract experience with a
variety of law firms
5 years of solid experience in
bankruptcy law as a paralegal
19 years experience in administrative and office management, business
operations, organization, communication and
customer/employee relations
Author and publisher of 17 booklets,
2 full-length videos and 6 training CDs.
Seminar speaker and paralegal
trainer for debtor bankruptcy topics.
Educational Background:
Constitutional Educational Research
Foundation (CERF), Paralegal Certificate
Ashworth College, Associates
Degree in Paralegal Studies
Columbus Business University,
Major: Business Management, Minor:
Accounting
After graduation from Columbus
Business University, was employed as
instructor for the Secretarial Procedures
class for 2 semesters.
Affiliations:
Columbus Bar Association, associate paralegal member since 2000.
Paralegal Association of Central
Ohio, served on the Board of Directors as
editor of The Citator for one term.
National Federation of Paralegal
Associations.
National Notary Association.
Licensed as a Notary Public in the
state of Ohio.

Page 4
HOW HARD IS IT TO FILE BANKRUPTCY?

Filing a bankruptcy petition is as simple as
taking the original and four (4) copies of your
entire bankruptcy petition to the Bankruptcy
court in your area. You will simply walk up to
the desk of the Clerk of Court, hand him/her
your paperwork and pay the required filing
fee. (Chapter 7, $200; Chapter 13, $185.)
The Clerk will look through your petition to
make sure you have all the papers in order.
He/she will then place them into a machine
that stamps the current date and time. (Some
smaller courts use a hand stamp and others
use a rubber stamp and hand write the date
and time on the blank line.)
The Clerk will keep the original and 2-3
copies for their own use. They will hand you
back the extra copies for you to keep and
make copies of (if needed) by creditors who
request it. A Judge will also be assigned to
your case at this time.
The whole process of filing your own bankruptcy petition normally only takes about 10
minutes to complete (about the same amount
of time it takes to renew your drivers license.)
But the very moment your bankruptcy petition
is stamped with the date and time by the
Bankruptcy Court, you have just put into
effect a type of umbrella for yourself. This is
called the bankruptcy stay law. What this
means is that:
1.
Any company or person(s) you owe
money to is not permitted to contact you in
any way (once they receive notice in the mail
from the court) without petitioning the Bankruptcy Court to remove the bankruptcy stay
(which you would have advance notice of, if it
occurred, and be allowed time to answer the
motion.)
2.
Any wage garnishments taken
out of your check will cease to be lawful. If
the garnishment is taken out of your check
after you file bankruptcy you may be entitled to a refund.
3.
Any foreclosure or replevin action
currently taking place on your home or
other real property is stopped. Money
judgments cannot be collected from you but
the creditor may petition the court to remove the bankruptcy stay (depending on
the circumstance) in order to try and repossess the home or piece of real property.
4.
Any Sheriffs sales are stopped
immediately.
5.
Any taxes you owe that are
currently being collected on by the government are put on hold (while your debts are
being reorganized.)
6.
Any individual or company who is
in the process of repossessing your auto,
boat, furniture, appliances, or anything else
you own are stopped immediately and they
cannot remove anything without the Bankruptcy Courts permission.
SOME TERMS YOU NEED TO KNOW
CONCERNING BANKRUPTCY
7.
Creditor This is the person or
company you owe money to because they
extended credit to you.
Debtor This is YOU. You owe
8.
debts, so you are a debtor.
9.
Secured Debt This is a debt
you owe for an item that could be taken
away from you if you dont pay the bill. For
instance, if you dont make your house
payment, the creditor (or bank) you owe
can repossess your house.

Page 5
10. Unsecured Debt This is a debt

you owe for something that cannot be taken
from you. For instance, anything you charge
on a credit card is an unsecured debt. If you
dont pay the MasterCard bill this month, they
cannot come and take whatever you bought
with the credit card. All they can do is harass
you on the telephone until you pay the bill,
turn the bill over to a collection agency, or
attempt to get a judgement against you
(depending on the amount you owe them.)
11. Asset This is something you
own that has resale value. Your car, TV set,
computer, stocks, bonds, bank accounts,
piggy bank, clothes, bed, etc. are all things
that have some type of value that could be
turned into cash. These types of things are
your assets.
12. Discharge This is what happens
when your debts are erased and you have
completed your bankruptcy.
13. Exemption There are exemption allowances allowed by the Bankruptcy
Court to protect the assets you own that you
need to keep in order to live a normal life. For
instance, you need a house to live in, a car to
drive, transportation to maintain the car,
clothes to wear, medicine refills, personal
care items, etc. The law allows you to keep
these types of items by allowing you exemptions on them. Each state has its own exemption allowances. However, when anything you
own is totally exempt from the bankruptcy, no
one can take it away from you.
14. Automatic Stay We covered
this before, but to reinterate, the moment a
bankruptcy is filed, all creditor activity to
collect debts, obtain judgments, or obtain
property of a debtor to satisfy a debt is completed stopped. This is the protection provided to you as a person or company under
the Bankruptcy law in the United States.
15. Relief From Stay This is a

court order, requested by a creditor, who
asks the court to lift the Automatic Stay
that was immediately put in place when you
filed your bankruptcy petition. If a creditor
is granted a Relief from Stay, the debtor
(you) will receive notice from the court of its
existence and the bankruptcy attorney can
prepare a Motion on the debtors behalf to
request the court to remove the Relief from
Stay. (Of course, there must be a lawful
reason to do so.)
16. Reaffirmation Agreement
This is what you file with the court if you
decide to pay a creditor outside your bankruptcy. For example, you may want to
reaffirm with Bobs Auto Sales when you file
your Chapter 7 bankruptcy petition, because you want to keep making payments
on your car since you need it to get back
and forth from work.
The creditor (i.e., Bobs Auto Sales) will
normally send you an Agreement to sign
and mail back to them. In turn, they will sign
it and send to the bankruptcy court for filing.
This assures the creditor that they will
receive all money you owe them.
17. Trustee This is a real live
person that works for the Bankruptcy Court.
When you attend your first hearing, you will
meet the Trustee assigned to your case.
He/she will review your bankruptcy petition,
ask you some questions, ask questions of
any creditors who may be present, and then
tell you if he/she needs any additional
documents from you before recommending
your case for confirmation to the Judge.
18. Conversion This is when you
start out by filing one chapter of bankruptcy
and decide later to file another chapter. For
example, you originally file a Chapter 7 but
decide to convert to a Chapter 13.

Page 6
19. Dismissal Among other things,

your bankruptcy case can be dismissed at
any time if you fail to comply to any rules,
dont turn over asset monies that are requested by the Trustee or if you convert from
one Chapter of bankruptcy to another. Your
case is discharged if you completely pay off
your Chapter 13 or when your Chapter 7 is
legally finished.
CHAPTER 7 BANKRUPTCY
20. In order to be eligible to file a
Chapter 7 bankruptcy, you must be able to
meet the following guidelines:
You must reside or have a

domicile, a place of business, or property in
the United States.
You must not have received a

bankruptcy discharge within the last six (6)
years or have had a bankruptcy case dismissed within the last 180 days.
21. People who file a Chapter 7 bankruptcy do so in order to discharge their debts
and get a fresh start in life. There are no
income requirements to file a Chapter 7 and
people who file this type of bankruptcy are
those who can no longer afford to repay all
their debts due to illness, unemployment,
marital problems, unexpected medical expenses, over-extended credit or other large
expenses. However, not all debts can be
discharged. For example, alimony, student
loans, child support and taxes that are less
than 3 years old are non-dischargeable and
must be repaid in full.
22. Most consumers file a Chapter 7
bankruptcy and then reaffirm on the debts
they want to continue paying. For instance,
you can file a Chapter 7 and reaffirm on your
house. This could possibly erase your other
debts and you would continue making your
house payments like you normally do now,
outside the bankruptcy.
(Note: There is pending legislation currently

being debated in Washington D.C. to change
this law, making it harder for people to file a
Chapter 7 and forcing them to file a Chapter
13, but the law has not been enacted as of
the date this ebook is written.)
23. In order to be eligible to file a
Chapter 13 bankruptcy, you must be able to
meet these guidelines:
You must reside or have a

domicile, a place of business, or property in
the United States.
Have a steady source of

income so that you can make regular
payments to the Trustee.
The total amount of your

debts cannot exceed $750,000.00 and
unsecured debts cannot be more than
$250,000.00.
24. People who file a Chapter 13
bankruptcy do so in order to keep property
in which a creditor has a lien like a house
or car, or if payments are behind and the
creditor is about to foreclose or repossess
the property. The filing of a Chapter 13 will
stop the foreclosure sale and allow the
person 3 to 5 years to repay some, but not
all of their debts. Rather than wiping out all
their debts in a Chapter 7 proceeding,
Chapter 13 allows a person to reorganize
and pay a certain percentage of their debts
over a period of 3 to 5 years. The unpaid
balance is discharged after the payment
plan is completed. Payments are made
from each paycheck to the Chapter 13
Trustee, normally through employer wage
deduction.
25. A Chapter 13 is NOT a bill consolidation loan, although many people look
at it that way. Although it is a similar con-

Page 7
cept, a bill consolidation loan is money actually loaned to you to repay other creditors and
you in turn pay back the lender. In a Chapter
13, no money is loaned to you because you
make your monthly payments to the Bankruptcy Trustee, who disburses the money
among your creditors. No money is loaned to
you.
26. Your priority claims are paid first in
a Chapter 13. Priority claims include debts for
things like taxes, child support, etc.
27. The amount you owe unsecured
creditors, like medical bills, credit cards, etc.
can normally be paid back as low as 10 on
the dollar. (This figure is not written in stone.
It is subject to change depending on your
individual State laws, type of debt it is, as well
as the income and budget of the debtor.)
28. You are allowed to keep your
home, car and everything else you own when
you file a Chapter 13 as long as you make
regular payments to the Chapter 13 Trustee.
29. Your attorney or paralegal will also
file a Chapter 13 Plan with your bankruptcy
petition that details the amount of your
monthly payments and the length of time you
are going to be in the Chapter 13 Plan.
30. This amount you pay each month
to the Trustee is determined by the amount of
money you currently make and how much
money you need to live on each month. A
good Chapter 13 bankruptcy attorney or his
paralegal is skilled at balancing these two
figures so you can easily afford the Chapter
13 payment each month. It is not to the
advantage of the attorney or paralegal to give
you a payment you cant afford. This would
cause problems later down the road. So
dont be afraid that your payment will be too
high for you to afford.
CHANGES IN PAYMENTS DURING A
31. Nothing stays the same. During

the 3-5 years that you are making regular
payments to the Chapter 13 Trustee anything could happen. You may lose your job.
Your spouse may lose their job. You may
have a new baby, which brings on added
expenses. You may inherit some money.
Your old car may conk out and you will
have to replace it in order to continue
getting back and forth to work. In fact a
million different things could happen, which
means your Chapter 13 payment can be
lowered or raised depending on the circumstance.
For most people, when something occurs where they cannot make a
Chapter 13 payment one month, will simply
not pay it. This is a very bad idea. All you
need to do is contact your attorney and ask
them to file a Motion to Modify the Chapter
13 Plan. You will need to go to their office
and supply the attorney with new, updated
income and budget information, which
explains why you cannot make your normal
Chapter 13 payment. It will take a couple of
months to get all the paperwork approved
through court, but it will save you from
defaulting on your Chapter 13 payments.
32. If you need to go into debt and
purchase something on credit while you are
going through a Chapter 13 bankruptcy,
your attorney can file a Motion to Incur Debt
for you. This will allow you the needed
money to purchase the item. (Example: Sell
one car and purchase another one.)
33. Chapter 11 is similar to a Chapter
13, but it is used by larger businesses or
individuals with a large amount of assets or
debts that exceed one million dollars. In a
Chapter 11 bankruptcy you are allowed to
still operate your business but your creditors and the court must approve a plan to
repay your debts. There is no Trustee

Page 8
unless the judge decides that one is necessary; however, if one is appointed to a Chapter 11 case, the Trustee will take control of
the business and property.
(Note: I will not be covering Chapter 11 in this ebook because most consumers
file a Chapter 7 or Chapter 13 bankruptcy.
Please consult with an attorney if you are
interested in filing a Chapter 11.)
STEPS THAT OCCUR FOR EITHER
A CHAPTER 7 OR CHAPTER 13
BANKRUPTCY
34. The Bankruptcy Court will send a
notice to all the creditors listed on your
creditors matrix (people/companies you owe
money to.) This notice is normally mailed out
5 days after you file your petition.
35. If you owe any secured creditors
(mortgage company, automobiles, furniture
stores, etc) you are required to notify them
yourself. This is done by making a copy of the
Certificate of Service and Statement of
Intentions (two legal papers included in your
bankruptcy petition) and mailing them directly
to the creditor with a copy of your Voluntary
Petition (2 pages.) You must notify them
immediately after filing your petition, hopefully
before the Bankruptcy Court notifies them
through normal process.
36. The Bankruptcy Court will also
normally mail you a notice informing you that
you are eligible to file bankruptcy. Do not be
confused. You dont have to do anything with
this notice but keep it in your personal file and
wait on the notice that tells you the date and
time of your first hearing (see below.)
37. The Bankruptcy Court will then
send all your creditors, including you, a notice
informing you of the hearing date when you
should appear in court. This hearing is often
referred to as the Meeting of Creditors or
341 Meeting.
38. At your Meeting of Creditors a

judge is normally never present. Instead,
the Trustee will ask you some of the same
questions you answered when you first
filled out the paperwork for the attorney or
paralegal. You may be asked to provide
him/her with copies of your tax returns,
bank statements, titles to motor vehicles, an
appraisal of your home (if you own one)
along with a recorded mortgage and deed;
or the Trustee may be satisfied with your
detailed bankruptcy petition and not request
anything.
39. In actual practice, creditors rarely
appear at these hearings; however, a
representative from one of the companies
you owe, or a person you owe, may show
up at this meeting. They normally only
appear to ask where the secure item is and
if it is insured. Normally, their conversation
is with the Trustee only, not you.
40. If your bankruptcy case is a no
asset Chapter 7 bankruptcy, and if your
bankruptcy petition is detailed and provides
all the information the Trustee requires, this
meeting (hearing) will normally only last 510 minutes. Remember, you are not going
to court because you committed a crime
and have to appear in front of a judge.
Filing for bankruptcy was a voluntary
choice you made. You have committed no
crime unless you fraudulently attempt some
criminal act such as hiding your assets,
committed tax fraud, etc.
OTHER FACTS YOU NEED TO KNOW
41. Any debts you make AFTER you
file your bankruptcy petition cannot be
included in your bankruptcy.
42. Any debts you made BEFORE
you filed your bankruptcy petition, but forgot
to include when you filed, can be added by
your attorney or by filing an Amendment
with the Bankruptcy Court.

Page 9
43. After your bankruptcy is over and

the creditors have been satisfied, any lien you
have is not automatically removed from your
property. An attorney will need to be hired to
remove the lien.
44. Never make the mistake of running
up debts on all your charge cards and then
filing bankruptcy immediately thereafter. You
could be held responsible for any charges
you made within the last ninety (90) days if
these expenses were not necessary for your
day-to-day living expenses.
DEBTS THAT CANNOT
BE DISCHARGED
45. Some of the debts you owe cannot
be forgiven in bankruptcy and will need to be
repaid by you. Even if the debt is included in
your original bankruptcy petition, any unpaid
balance must be paid by you when the bankruptcy is over. The types of debts I am referring to include, but are not limited to the
following:
credit obtained by false pretenses or acts of fraud;
all taxes, customs or duties;
debts owed for fines and

penalties to another government unit;
student loans;
child or spousal support;
luxury items valued at $500 or

more that were purchased sixty (60) days
from the date you filed your original bankruptcy petition;
cash advances of $1,000 or

more that were made within sixty (60) days
from the date you filed your original bankruptcy petition;
debts made due to an act of

embezzlement or larceny;
debts owed a party where you

maliciously caused injury to another;
debts owed for the death or

personal injury while intoxicated by drugs or
alcohol.
THE FIRST STEPS IN PREPARING TO

FILE A BANKRUPTCY PETITION
46. Take a file folder and put a
statement from every creditor that you owe
in it. If you dont receive a monthly statement from the creditor, put the following
information on a sheet of paper about the
debt and place it in your file:
Name and complete mailing

address of who you owe;
Your account number (if

applicable);
The name of who owes the

debt (husband, wife or both);
The total amount you owe

this creditor;
How much your monthly

payments are;
The date you originally went

into debt with this creditor. (If you cant
remember the exact date, just an approximate year [i.e., 2001, 2002, 2003, etc.] will
do);
If the debt is for a credit card,

record the last date you charged on this
credit card. If you charged less than 90
days ago, you need to write down the
amount you charged and the reason for the
purchase.)
47. In the same file folder, also put in
the following documents:
Your current paycheck stubs;
If you are unemployed,

include copies of documents showing any
income you receive(d) from unemployment,
workers compensation, child support, SSI,
social security, retirement, estate, etc.
Mortgage and deed if you

own or are purchasing a home or other real
property (i.e., land, apartment complex,
etc.);
Copies of your car, boat,

motorcycle, mobile home or other titles to
motor vehicles;

Page 10
Copies of your tax returns;
Copies of any court proceedings filed against you;

48. When you have put together your
file, you will have most of the information
needed to file a bankruptcy petition. You can
now start completing the forms that are
included in the back section of this ebook
and/or make an appointment with an attorney
in your area to discuss your options.
49. The information you supply on the
intake forms (included in this ebook) are then
entered in a correct legal manner into a set of
forms called a bankruptcy petition. A bankruptcy petition includes such documents as:
Voluntary Petition, Summary of Schedules,
actual Schedules, Forms, Statement of
Intentions, Creditors Matrix, etc. Each
Schedule and Form in your bankruptcy
petition relates to different items that must be
filled out properly. Normally people choose to
hire an attorney to prepare their bankruptcy
petition, but some people hire independent
paralegals, and some people purchase bankruptcy kits and attempt to do it themselves.
Note: Unless you are familiar with
the bankruptcy law, the average consumer
cannot properly complete a bankruptcy
petition. Besides, it is dangerous to attempt to
do so. If you dont know the difference between real property and personal property for
instance, or the legal codes for exemption
allowances (Schedule C) you could lose
everything you own and put yourself in a
living condition much worse than you are in
right now.
50. If you decide to hire an attorney, try
to find someone who specializes in the field
of bankruptcy. In other words, your best
choice for an attorney is one who does
nothing else but specialize in bankruptcy law
exclusively. You will probably also find
bankruptcy attorneys that also do divorce,
wills, probate, and DUI; but if given a choice
between the two chose the attorney who

specializes in bankruptcy.
51. Calling around to different attorney offices and asking them what they
charge to file a bankruptcy is NOT the most
efficient method of locating a good bankruptcy attorney. Attorneys who advertise
cheap prices for filing bankruptcy petitions
in your daily newspaper, often do not file all
the schedules and forms at one time (which
is perfectly legal) and will charge you
additional money to file the rest of the
petition within the 20-30 day allowance.
After being nickel-and-dimed to death, you
normally pay more money to this attorney
than if you just hired a higher-priced attorney in the first place.
52. The best way to locate a good
bankruptcy attorney is to first determine if
they specialize in bankruptcy. If you cannot
locate someone in your area that specializes solely in bankruptcy, then choose an
attorney who has been in the practice for at
least five (5) years or more. (Just call your
local Bar Association and ask for a referral.)
53. You can choose to hire a bankruptcy paralegal, like Victoria Ring, to
prepare your bankruptcy petition paperwork
for you so that you can file the petition
yourself with the bankruptcy court, attend
the 2 short hearings and represent yourself
without paying additional attorney fees.
54. You can purchase a bankruptcy
do-it-yourself kit but unless you know how
to prepare the bankruptcy petition in a
manner to present to the court, these kits
will do absolutely nothing for you except
give you some practice at filling out forms.
HOW YOUR CREDIT WILL BE EFFECTED
BY FILING BANKRUPTCY
55. If you are currently behind in
paying your bills, your credit is already

Page 11
effected. Filing a bankruptcy may actually be

your first step in repairing a bad credit situation. When a creditor finds a bankruptcy on
your credit report, it shows them that all prior
credit problems have been resolved. The
question then becomes, Are you creditworthy?
56. Every creditor is different and each
one treats bankruptcy with a different set of
rules for determining your creditworthiness.
Although there are many exceptions, normally a creditor likes to see how well you do
in paying your bills during the first year or two
after filing bankruptcy before they extend new
credit to you. So although a Chapter 7 bankruptcy appears on your credit report for ten
(10) years, and a Chapter 13 appears for
seven (7) years, most people only find it to be
a problem for a couple of years after filing
provided everything else looks good on their
current credit report.
57. In addition, there are 1,000s of
creditors who extend credit to people who
have filed bankruptcy. The interest rates are
normally higher, of course, but you can obtain
credit easily with one or more of them. One
of the best ways to build your credit after
bankruptcy is to obtain a secured credit
card. This is one where you put money in a
bank and the bank issues you a credit card.
The credit limit of the credit card will be the
same amount of money you have in their
bank. After you have shown that you make
timely payments, your credit line may be
increased without you depositing any more
money.
58. However, the fact remains one
of the main reasons for filing bankruptcy is to
get OUT of debt not back into it. You
should take responsibility for your own financial spending and saving, making sure not to
get to the point where you have to file another
bankruptcy. Once you experience total
freedom of paying for things you want to buy,
and owning them free and clear you will

enjoy life more and grow as a human being.
About the only items the average American
really needs to go into debt for is an automobile for transportation and a home for
their family to live in. Everything else
should be purchased out of the monthly
income, or saved for and purchased in full.
The only reason Americans are in debt is
because they want it now! and dont have
the patience to wait.
OTHER GENERAL QUESTIONS
AND ANSWERS
59. If I am married, does my spouse
have to file bankruptcy?
No, however the spouse that
does not file will not receive the benefits of
bankruptcy. In other words, if the non-filing
spouse is jointly liable on certain debts, he
or she will remain liable for those debts if
the filing spouse filed for a Chapter 7
bankruptcy. He or she will also remain liable
for any amount not paid for in the filing
spouses Chapter 13 plan. On the other
hand, the non-filing spouse will not have
bankruptcy noted on his or her credit report.
Therefore, if the debts you owe
are also owed by your spouse, or co-signed
by your spouse, it would be to your benefit
to file a bankruptcy together as a married
couple. If most of the debts are in your
name only, you may consider filing a bankruptcy as the only debtor.
If you live in a community property
state Arizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington or Wisconsin most property is
equally owned by both husband and wife
regardless of the name of the person on the
title or mortgage.
60.
What if I am unmarried but living

Page 12
with someone? Can we file a bankruptcy

together?
No. If you are living together with a
significant other but are legally unmarried,
you cannot file a bankruptcy together, even if
the bills are in both your names. In this case,
each one of you would have to file separate
bankruptcy petition. A competent attorney or
paralegal can separate the expenses and
budget so that each of you pay 50% of the
day-to-day living expenses (if both of you share
the expenses) and submit the information properly to the court. In addition, if you are separated from your legal spouse, your bankruptcy
petition can be prepared showing two separate
living expenses for each person.
61. Will bankruptcy stop a wage garnishment?
Yes, some of the money garnished from
your paycheck may even be returned to you.
It all depends on how much was garnished
and when it was garnished. If your wages are
currently being garnisheed, a Notification of
Stay pleading needs to be filed in court as
well as a letter mailed to the creditor and your
employer to stop the garnishment after your
bankruptcy petition is filed.
Stopping a wage garnishment is possible
because whomever you owe that is garnishing your check is now being paid (or is being
discharged) through the bankruptcy petition
you filed. As soon as the clerk file stamps
your bankruptcy petition, you have immediate
protection under the United States Bankruptcy Court and every creditor you owe must
proceed through this court to collect anything
from you.
62. How can I immediately stop creditor
harassment?
The filing of a bankruptcy under
Chapter 7 or Chapter 13 will IMMEDIATELY
bring the harassment caused by creditors to a
HALT. Once your bankruptcy has been

filed, creditors are forbidden from taking
action against you or against your property
to collect money you owe them. If they try
to do so, they can be held in contempt of
court. This is the advantage of the law,
administered by the United States Bankruptcy Court, and provided as a way to help
citizens get another chance. Even if there
is a wage garnishment or other legal proceeding under way, the filing of a bankruptcy will bring it to a screeching halt,
giving you the opportunity to take care of
your financial affairs in an orderly and
permanent way.
63. What if I owe the IRS back taxes?
How will bankruptcy help me?
Most tax debts cannot be discharged in a bankruptcy. Trust funds and
withholding taxes you owe, such as sales
taxes or employee withholding obligations
can never be discharged. However, income
and self-employment taxes can be discharged if they are at least three (3) years
old and the tax returns have been on file for
at least two (2) years.
In situations like this, a bankruptcy can be a great help in many ways.
The biggest benefit is that you may be able
to reduce the amount of the tax you owe. In
a Debt Adjustment Plan, you can also stop
interest and penalties on all taxes you owe
even the ones that are non-dischargable.
This will place you in a situation where it will
be easier to pay your taxes off.
64. How much does it cost to file
bankruptcy?
At the present time, the court will
charge you $200.00 to file a Chapter 7
bankruptcy petition and $185.00 to file a
Chapter 13, regardless of which state you
live in.

Page 13
65.
When does a bankruptcy take effect?
When the Clerk of Court receives

your bankruptcy petition and date/time
stamps it, your bankruptcy is immediately
effective. The Court sends notice of your filing
to all of your creditors and bill collectors
generally within 24-48 hours after filing. That
is why it is so vitally important to include
complete addresses and zip codes of all the
people you owe on your bankruptcy petition.
The court will send a copy of your petition to
all these creditors so they will stop harassing
you. If those addresses are not correct, the
creditor wont know you filed bankruptcy and
will continue to harass you. It is also important to list all the collection agency addresses
so they can be notified as well. Upon receipt
of the notice of your filing, creditors and bills
collectors are prohibited from having contact
with you.
If you should receive any harassing
or annoying creditor calls after filing your bankruptcy petition, a letter can be mailed to the
creditor which spells out Section 362 of the
Bankruptcy Code (Automatic Stay.) This letter
prohibits the creditor from contacting you again
or risk being held in contempt of court.
66. I feel so guilty not being able to pay
my bills. Am I a bad person because I need
to file bankruptcy?
You are NOT a bad person
because you decide to file for bankruptcy.
Back in the old days (pre 1900), if a person
went bankrupt, creditors stepped in, sold
everything the person owned, split the money
between themselves, put the bankrupt person
out in the street and make a public mockery
of them. Therefore, this is why people who
have not kept up with the times, still feel that
bankruptcy is a bad thing to do. But that
was over 150 years ago! The economy has
changed, employers have changed, life is
more complicated, interest rates are higher
than they have ever been in history and the
money you make doesnt reach as far as it

used to just five years ago.
Any one of these factors could
cause a good person who was responsible and financially secure, to suddenly
consider filing bankruptcy. Not one of us is
immune from the worlds problems. So if
there comes a point in your life where you
find it necessary to take advantage of the
bankruptcy law, dont look back. Meet the
problem head on, clear it up and get over it.
In fact, you should be glad the United
States has set up a governing body to
protect people like you and me so we can
continue to survive in times of great financial burden.
67. Is it legal for me to file my own
bankruptcy petition?
It is perfectly legal in all 50 states
to file your own bankruptcy petition. Dont
allow anyone to tell you otherwise. To prove
it, on the 2nd page of the Voluntary Petition
that you file in court, there is a signature
area for a non-attorney bankruptcy petition
preparer to sign. There is also a statement
that appears below your signature line that
reads: "Debtor not represented by an
attorney." If it were not legal to file your
own bankruptcy petition, then why would
the Federal Government put this directly on
their forms? In other words, it is just as
legal for you to file your own voluntary
bankruptcy petition as it is for you to get
your drivers license renewed. Therefore,
don't let anyone tell you otherwise.
68. What about filing bankruptcy on
bad checks I wrote at check-cashing agencies? Can I include them?
First of all, you should include
ALL the debts you owe, regardless of who
or what they are for on your bankruptcy
petition. However, you need to understand
something about check-cashing agencies.

Page 14
Believe it or not -- when you walk into the

corner check-cashing store, write them a
post-dated check and they give you cash, a
bounced check is not considered to be the
same thing as writing a bad check. How
could this be? Because the person at the
check-cashing store is fully aware of the fact
that the check you are giving them is postdated. That means, that at the time you are
writing the check, the check-cashing agency
is aware the check is bad. You make a
promise that the check will be good on a
certain date. If you break that promise you
still owe the debt but it is treated as
unsecure rather than a criminal act of check
fraud.
However, if you go to several
check-cashing agencies and get cash advances against the same payroll check; you
are committing fraud if you obtain one or
more cash advances that amount to more
than your check will cover.
69. Will I lose any of my personal
belongings or household goods when I file
bankruptcy?
If you are filing a Chapter 13 bankruptcy and paying back your creditors 100%
of the debt you owe them, the Trustee at the
Bankruptcy Court will not take any of your
personal belongings or household goods and
sell them to pay your debts.
If you are filing a Chapter 7 bankruptcy, the only way you could lose any
personal belongings or household goods is if
any of the following is true:
You do not totally own the personal
belongings or household goods because you
are still making payments on them. (Example:
furniture and appliances you purchased at a
rent-to-own store.) In this case, if you want to
keep the item, you can "reaffirm" the debt if
you have enough money per month to keep
paying the bill and are current on your

payments. Otherwise, you may want to
surrender the item, which does not necessarily mean it will be repossessed. It depends on the market value of the item and
how the individual company handles repossessions on bankruptcy claims.
or
If the personal belonging or household good is not covered by an exemption,
that item could be sold by the Trustee and
distributed to your creditors. But, don't be
alarmed by this statement. Most average
consumers filing a Chapter 7 normally do
not have more than one or two motor
vehicles, television set, computer, stove,
refrigerator and some miscellaneous costume jewelry.
People in this type of financial
situation, normally do not need to worry
about losing anything they own because
everything they own is exempted.
WEBSITES TO HELP YOU LEARN MORE
ABOUT BANKRUPTCY
70. http://www.attorneyfind.com/
Find an attorney in your local area.
72. http://www.bankruptcyassets.
com/mainpage.cfm Get great deals on
real estate, motor vehicles and other assets
available from bankruptcy sales.
73. http://www.agin.com/bkfaq/
Frequently asked bankruptcy questions by
the average first-time filer.
74. http://www.freeadvice.com/law/
506us.htm Ask questions about bankruptcy law from participating attorneys all
over the United States.
75.
http://bankruptcy-law.free

Page 15
advice.com/ This site lists a long list of

questions and answers about bankruptcy to
help consumers.
76. http://www.myguidehub.com/
bankruptcy/ The Bankruptcy Guide. This
wealth of information website is specifically
for consumers filing bankruptcy.
77. http://www.uscourts.gov/
bankform/ Official Bankruptcy Forms. See
what you get in most kits you pay $19.95+
for.
78. http://www.kbb.com/ Kelley
Blue Book online. Check and see what the
market value is on your own motor vehicles.
79. http://www.wwlia.org/diction.htm
Online legal dictionary to look up legal
words you dont understand.
80. http://www.usparalegal.com/
Contains over 5,000 legal forms with questions and answers to common legal questions.
81. http://www.bankruptcydata.com/
Courts/Courts.htm Find your local Bankruptcy Courts address and telephone number.
82. http://www4.law.cornell.edu/
uscode/11/ The Bankruptcy Code online.
83. http://law.chapter7.com/
Chapter 7 help center.
84. http://findlaw.com/01topics/
03bankruptcy/ Findlaws resources for
bankruptcy.
85. http://www.nolo.com/category/
dc_home.html Nolo debt and bankruptcy
reference.
86. http://www.debtworkout.com/
states2.html Look up your local states
exemption allowances to help determine
how much of your real and personal property may be exempted on Schedule C of
your bankruptcy petition.
87. http://www.bankruptcypara
legalservices.com This is the website
of the author of this ebook. It is updated
weekly and contains a growing amount of
information to help you understand or
increase your knowledge about bankruptcy.
SUMMARY
Dont allow debt to destroy your life,
make you miserable or break up your
happy home. Instead, reach out and review
the best direction for you to solve your
problem. You have the opportunity to take
charge of your financial situation and may
be able to obtain some relief, which is
legally offered to you by the United States
Bankruptcy Court.
Do not hesitate to contact me if I can
help you in any way.
Victoria Ring
Bankruptcy Paralegal
614-486-7642
IMPORTANT
PLEASE READ
AND SIGN!!
The following pages contain the initial intake
interview forms you will need to complete in order
to have a bankruptcy petition preparer obtain the
necessary information necessary to prepare your
bankruptcy petition for filing with the Bankruptcy
Court in your area. DO NOT ATTEMPT TO FILE
THESE FORMS WITH ANY COURT. These forms
are strictly for the use of obtaining information
about your current assets, and liabilities in order to
prepare your bankruptcy petition to present the
court with an accurate and true account of your
present financial status.
Confidentiality Maintained. The information you
provide in these forms is NOT shared with any
other person(s) other than Victoria Ring or unless
Court-ordered to prove the validity of your claims.
After your petition is prepared, the information you
supply on these forms is used to correctly enter
onto the actual bankruptcy petition. The bankruptcy petition (that will be mailed to you by
Priority Mail) is the document you will file with the
Bankruptcy Court in your jurisdiction.
How to Get Started:
The forms that appear on the next several pages
need to be filled out ENTIRELY. Simply print them
out on any printer, fill them out and sign where
indicated.
Make sure you answer every yes and no
question by checking one appropriate box. Feel
free to provide additional information about any
debt or asset if needed on the back of the page.
Any information you do not provide will only cause
the delay in processing your bankruptcy petition.
What happens next?
When you have completely filled out your forms,
be sure and look them over for accuracy and
make sure that ALL the information is provided. If
you dont know the answer, such as you cannot
remember when you first obtained a credit card
account, provide a year (within a 2-3 year period);

such as 1980, 1985, 1990 or 1995. The purpose
here is to show the Court that you did not obtain
this credit card within the last ninety (90) days,
create a credit debt and then file bankruptcy.
After your petition has been prepared, Victoria will
mail you back the petition along with a personal
letter. This letter will contain step-by-step instructions for filing your bankruptcy petition with the
court, what to expect at your 341 Meeting of
Creditors and Confirmation Hearing. You also have
the ability to call or email Victoria personally if you
have any questions about the process. Yes,
Victoria provides client support after the sale, so
do not hesitate to use this free service.
Service Guarantee:
As you are aware, Victoria Ring is a Bankruptcy
Paralegal. She does not and cannot take the place
of an attorney. Her service guarantee covers the
preparation of your bankruptcy petition.
Contact Information:
Victoria Ring, Paralegal
1601 W Fifth Ave #123
Columbus, Ohio 43212-2303
24-Hour Voice Mail: 614-486-7642
http://www.bankruptcyparalegalservices.com
PLEASE SIGN BELOW

I state that I/we have read this instruction page
and fully understand and agree with the contents.
Debtor #1
Debtor #2 (if applicable)
Message from Victoria Ring:
Thank you for choosing to utilize my services to
prepare your bankruptcy petition. Please understand that I provide this service as a pro bono
effort to help low-income individuals and families.
The $99.95 fee you pay is donated back to the
legal community and is not intended as a business
income for Victoria Ring.
GENERAL INFORMATION
Referred by:
Please fill out ALL the information requested in these forms. If a question or section does NOT apply to you, write N/A
in the space. (N/A means not applicable.) The more information you provide in these forms, the faster your bankruptcy petition can be prepared and mailed back to you for filing. There will be a delay if Victoria needs to call you to
verify or obtain more information concerning a specific debt or creditor; so please try to provide as much detail as you
can and fill in ALL the information requested. Thank you.
Name, First
Middle (spell out)
Last
Social Security Number
Date of Birth
Street Address
City
State
County of Residence
Length of Time at This Address
Home Phone
Zip
Other Phone
Email address
SPOUSE, First Name
Middle (spell out)
Last
Social Security Number
Date of Birth
Address (if living separately)

City
State
Zip
DEPENDENTS
Name
Age
Relationship to You
Is this person/child
living with you?
1.
YES
NO
2.
YES
NO
3.
YES
NO
4.
YES
NO
Have you ever filed bankruptcy before?
Yes
No
Are you paying or receiving any alimony or support money?
If yes, what year?

Yes
No
Monthly Amt?
Has either you or your spouse been known by any other name during the past 6 years?
(Example: maiden name, last name from previous marriage, legal name change, etc.)
Yes
No If yes, write the NAME and DATE(S) USED below:
Name Used
Name Used
Dates Used
Dates Used
thru
thru
http://www.bankruptcyparalegalservices.com -- Fill out entirely and mail with your forms preparation fee of $99.95 to:
Victoria Ring, Bankruptcy Paralegal, 1601 W Fifth Ave #123, Columbus OH 43212-2303 (614) 486-7642
YOUR REAL ESTATE

Do you own or are you buying real estate?
If so, check type:
House
YES
Mobile Home
NO
Condominium
Other
Please fill out the following information: Month/Year you purchased real estate:
Name on Deed or Title
Address of Real Estate
What company do you pay your mortgage payment to?
Address
City
State
What are the monthly payments?
How much do you still owe on this loan?
What year was your real estate last appraised?

Are you behind in payments?
Zip
YES
What was the appraised value?
NO If so, what months?
Briefly describe your real estate (number of bedrooms, baths, if land is attached, etc)
Do you have a second mortgage on the real estate?
YES
NO
If so, what company do you pay your second mortgage to?

Address
City
State
Zip
Do you want to keep this real estate or surrender it in your bankruptcy?
KEEP
SURRENDER
If you are behind in payments on your real estate, provide collector and/or attorney information below:
Name of Collector or Attorney
Address
City
State
Zip
Is this real estate in the process of foreclosure or replevin action?
YES
NO
If so, provide Case Number from Complaint (court document):

Do you own or are you purchasing any other real estate?
YES
NO
If so, provide details such as type (i.e., vacation home, rental unit, etc), income received per month (if rented),
description of real estate and address:
YOUR HOUSEHOLD INVENTORY

Please check the items below that you currently have in your home. Then, provide the YARD SALE VALUE of each item -not the replacement cost.
Yard Sale Value
Stove/Cooking Unit
$ ________________
Refrigerator
$ ________________
Washer/Dryer
$ ________________
Microwave
$ ________________
Cooking Utensils
$ ________________
Silverware/Flatware
$ ________________
Cookware (Pots/Pans)
$ ________________
Living Room Furniture
$ ________________
Dining Room Furniture
$ ________________
Tables and Chairs
$ ________________
Televisions(s)
$ ________________
VCR(s)
$ ________________
DVD(s)
$ ________________
Compact Disks
$ ________________
All Other Stereo Equipment $ ________________
Describe item(s): __________________________
________________________________________
Bedroom Furniture
$ ________________
Dressers/Nightstands
$ ________________
Lamps and Accessories
$ ________________
Wedding Rings
$ ________________
Other Jewelry
$ ________________
Describe item(s): __________________________
________________________________________
Furs
$ ________________
Computer(s)
$ ________________
Computer Printers
$ ________________
Desks/Office Furniture
$ ________________
Other Computer Equipment $ ________________
Describe item(s): __________________________
________________________________________
Photography Equipment
$ ________________
Satellite Disks
$ ________________
All Clothing
$ ________________
(including shoes, coats, hats, etc.)
Collectibles
$ ________________
Describe item(s): __________________________
________________________________________
Paintings/Art
$ ________________
Describe item(s): __________________________
________________________________________
Carpenters Tools
$ ________________
Describe item(s): __________________________
________________________________________
Mechanics Tools
$ ________________
Describe item(s): __________________________
________________________________________
Guns and Firearms
$ ________________
Describe item(s): __________________________
________________________________________
Lawnmower
$ ________________
Boats
$ ________________
Trailers
$ ________________
Campers
$ ________________
Yard Tools/Equipment
$ ________________
Swimming Pool
$ ________________
Cell Phones
$ ________________
OTHER ASSETS
Rent deposit with landlord $ ________________
Name of Landlord _________________________
Address _________________________________
City _____________State _____ Zip __________
Government Bonds
$ ________________
Certificate of Deposits
$ ________________
Copyrights/Patents
$ ________________
Aircraft
$ ________________
____________________
$ ________________
____________________
$ ________________
____________________
$ ________________
____________________
$ ________________
____________________
$ ________________
____________________
$ ________________
____________________
$ ________________
____________________
$ ________________
____________________
$ ________________
____________________
$ ________________
____________________
$ ________________
YOUR MOTOR VEHICLES

Motor vehicles include cars, trucks, SUVs, motorcycles, mobile homes, boats, trailers, campers, etc. A Kelley
Blue Book value will be obtained to determine market value and be incorporated into your bankruptcy petition.
Type:
Automobile
Truck
Motorcycle
Make
Mobile Home
Other:
Model
Year
Condition
Mileage
Whos name is on the title to this vehicle?

Do you make payments on this vehicle?
YES
NO
If yes, who?
What are your monthly payments?
Is vehicle leased?
YES
NO
YES
NO
YES
NO
YES
NO
Remember to list all motor vehicle debts on debt sheets.

Type:
Automobile
Truck
Motorcycle
Make
Mobile Home
Other:
Model
Year
Condition
Mileage

YES
NO
If yes, who?
Is vehicle leased?
Remember to list all motor vehicle debts on debt sheets.

Type:
Automobile
Truck
Motorcycle
Make
Mobile Home
Other:
Model
Year
Condition
Mileage

YES
NO
If yes, who?
Type:
Automobile
Truck
Is vehicle leased?
Motorcycle
Make
Mobile Home
Other:
Model
Year
Condition
Mileage

YES
NO
If yes, who?
Is vehicle leased?
DEBT SHEET 1 OF 5
If you have more debts than these Debt Sheets provide room for, print out or make copies of this page.
For every single debt that you owe, please provide the information below. If you do not know the creditors
address, call them or look the address up in your telephone directory. A bankruptcy petition cannot be presented
in court without having FULL ADDRESSES and ZIP CODES of every creditor. This is because the court must
properly serve them a notice that you have filed bankruptcy by mail only. Thank you for your cooperation.
Name of Creditor
Total amount you owe $
Address
Account Number
City
Date originally obtained the debt
State
Zip
Date last charged on this account
Has this debt been turned over to a collection agency?
Normal Monthly Payment Amount
If so, provide their name and address below:
How many months are you behind?
Collection Agency Name
What is this debt for? (Medical, Credit Card, etc.) If car,
Address
state year, make and model:
City
Whose name is the debt under? (Husband, Wife,
State
Zip
Both, or is it cosigned?)
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
DEBT SHEET 2 OF 5
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
DEBT SHEET 3 OF 5
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
DEBT SHEET 4 OF 5
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
DEBT SHEET 5 OF 5
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
Name of Creditor
Address
Account Number
City
State
Zip
Address
City
State
Zip
INCOME HISTORY FOR YOU

Your Name as listed on your current paycheck stub:
Year-to-Date Total from current paycheck stub?
VERY IMPORTANT:
Gross Income in 2001
Employers Name
Address
City, State, Zip
Telephone Number
Length of Time at This Job?
Years
Months
Job Title (do not abbreviate)

How often do you get paid? (circle or check one)
every week
bi-weekly (sometimes I get paid 3 times a month
once a month
semi-monthly (on the same 2 days of each month)

What is your average gross wages before deductions?
How much average extra money do you receive in overtime and commissions per pay period?
What is the total amount of taxes deducted (FICA, Federal, State, Local) from your paycheck?
How much Insurance is deducted from your paycheck?
How much in Union Dues?
How much do you pay in Alimony or Child Support if any?

Are there any other deductions from your paycheck?
Are you court ordered to pay this?

YES
YES
NO If yes, how much?
What amount do you normally take home per paycheck after all deductions?
How much additional income do you make monthly from a business, flea market, etc?
Monthly Income from real property (rentals)
Monthly Interests and Dividends
Monthly Alimony or Child Support received
Monthly Social Security
Monthly Government Assistance
Monthly Food Stamps
Monthly Public Assistance
Monthly Pension or Retirement
Other Income (Reason and amount received monthly)?

Do you have a slow season at work or a regular lay off?
Do you have a second job?
YES
NO
YES
NO
If yes, what months?
If yes, name of employer:
Address
City, State, Zip
Telephone Number
Job Title
How often do you get paid? (check one)

every week
once a month

Do you receive any income from a home-based business?
YES
NO
How much per month?
NO
INCOME HISTORY FOR YOUR SPOUSE IF FILING JOINTLY

Your Name as listed on your current paycheck stub:
Year-to-Date Total from current paycheck stub?
VERY IMPORTANT:
Employers Name
Address
City, State, Zip
Telephone Number
Years
Months
Job Title (do not abbreviate)

How often do you get paid? (circle or check one)
every week
once a month

How much average extra money do you receive in overtime and commissions per pay period?
What is the total amount of taxes deducted (FICA, Federal, State, Local) from your paycheck?
How much Insurance is deducted from your paycheck?
How much in Union Dues?
How much do you pay in Alimony or Child Support if any?

Are there any other deductions from your paycheck?
Are you court ordered to pay this?

YES
YES
NO If yes, how much?
What amount do you normally take home per paycheck after all deductions?
How much additional income do you make monthly from a business, flea market, etc?
Monthly Income from real property (rentals)
Monthly Interests and Dividends
Monthly Alimony or Child Support received
Monthly Social Security
Monthly Government Assistance
Monthly Food Stamps
Monthly Public Assistance
Monthly Pension or Retirement
Other Income (Reason and amount received monthly)?

Do you have a slow season at work or a regular lay off?
Do you have a second job?
YES
NO
YES
NO
If yes, what months?
If yes, name of employer:
Address
City, State, Zip
Telephone Number
Job Title
How often do you get paid? (check one)

every week
once a month

Do you receive any income from a home-based business?
YES
NO
How much per month?
NO
HOME BASED BUSINESS OWNERS

If you have operated a business inside your home, or owned a small business that does not qualify for filing under
Chapter 11 of the Bankruptcy Code, an Exhibit will be prepared for the Trustee overseeing your case. Please list
below the normal income and expenses your business generated for an average month. If you did not have an
average monthly income due to extreme highs and lows in your business, estimate your total yearly income and
divide by 12 to get the average monthly income. Use the same method of determining your average monthly
expenses and enter into the spaces below:
Average monthly business income

Did you withhold any earnings for tax purposes?
Yes
No
If yes, how much did you withhold monthly?
Average monthly business expenses (if applicable)

Rent and utilities
Office Supplies
Product Supplies
Wages
Equipment Leases
Other Business Leases
Other
Other
Other
Other
Other
Other
Other
Other
Total Average Monthly Income
Total Average Monthly Expenses
Average Monthly Business Profit
Did you file income taxes for the years you operated your business?
Yes
No
If not, what years did you NOT file taxes?

MONTHLY BUDGET
This form is necessary to determine how much you spend each month on living expenses. Be sure to write in the
MONTHLY (not weekly) amounts in the spaces below each expenditure. For utilities, your bill may be higher in the
winter than in the summer, so write an amount that is average covering the whole 12 month period.
Housing Expenses
Taxes
Are any other taxes deducted from your wages? If so,
what type of taxes are they?
$_________
Rent (not mortgage)

First Mortgage, rent or mobile
home monthly payment
$_________
Second mortgage (if applicable)
$_________
Other Expenses
Third mortgage (if applicable)
$_________
Lot Payment (if applicable)

Are real estate taxes included in
your mortgage payment?
Yes
Is your home insurance included in
$_________
Alimony or Child Support

Payments for someone outside
your home
$_________
Union Dues
$_________
Professional Dues
$_________
Child Care Expenses
$_________
Babysitter/Day Care Expenses
$_________
School Expenses
$_________
your mortgage payment?
$_________
Yes
Taxes not included in house payment
No
No
$_________
Utilities (Average monthly payment)
$_________
Electricity and Gas
$_________
School Lunch Expenses
$_________
Water
$_________
College Tuition (Not Loans)
$_________
Telephone (Basic Service)
$_________
Student Loan Repayment
$_________
Trash Pick-Up
$_________
Newspapers, Books, Magazines
$_________
Personal Care Items
$_________
Basic Needs
Home Maintenance (home owners)
$_________
Other
$_________
Food (Monthly)
$_________
Other
$_________
Clothing (Monthly Expense)
$_________
Laundry, dry cleaning, soap, etc.
$_________
Medical expenses not paid by insurance $_________

Transportation
Gasoline
$_________
Automobile maintenance
$_________
Recreation, Entertainment
$_________
Charitable Giving (if claimed on taxes)
$_________
Use the space below to describe any additional

monthly expenses that you must pay out of your
pocket that are not covered here. Explain the type of
expense, amount of expense and how long you will
continue to have this expense:
Insurance
Homeowners or Renters
$_________
Life Insurance (other than employer)
$_________
Health Insurance (other than employer)
$_________
Automobile Insurance
$_________
Other Insurance
$_________
STATEMENT OF AFFAIRS (1 of 9)
The following pages contain extremely IMPORTANT QUESTIONS, many of which will be asked you again by the
Trustee when you attend your first hearing. Please take your time and go through every question thoroughly and
provide as much detail as possible to the questions you answer yes to.
Do you own, or are you buying real estate?
Yes
No
Address/Description of Property
Name of First Mortgage Company
Address of Mortgage Company
City, State and Zip Code
Account Number
Date Obtained Loan
Total Owed
Monthly Payment
If you are behind in payments, please provide the name of the months you are behind: (i.e., November, December, January, etc.):
Name of Second Mortgage Company
Account Number
Date Obtained Loan
Total Owed
Monthly Payment
If you have a third or fourth mortgage company, list their information on the debt sheet and note what it is.
Do you own, or are you buying any other real estate?
Yes
No
Name of Mortgage Company
Account Number
Date Obtained Loan
Total Owed
Monthly Payment
Do you share the ownership of any real property with another person, such as
a co-tenancy or joint tenancy? (This does not apply to your spouse.)
If so, provide details:
Yes
No
Do you have a future interest in any real estate, such as putting money
down on a property you have not purchased yet?
Yes
No
Yes
No
Do you own or are you buying a time-share in a vacation property or resort?

Do you own, or are you buying a mobile home?
Yes
No
Name of Mortgage Company
Account Number
Date Obtained Loan
Total Owed
Monthly Payment
Do you have a car, truck, motorcycle, boat or camper that doesnt run?
Yes
No
Yes
No
Yes
No
Year, Make, Model of Vehicle

Do you have a car, truck, motorcycle, boat or camper in your possession titled
in someone elses name?
Whose name is the motor vehicle titled to?
What is this persons relationship to you?
Are you buying any of your furniture or appliances with installment payments?
Description of Item
** Remember to list the name, address and other information about this creditor on Debt Sheet.
Are you renting-to-own any of your furniture or appliances?
Yes
No
Description of Item
** Be sure to list the name, address and other information about this creditor on Debt Sheet.
Have you gone to a loan company or bank and listed any of your furniture,
appliances or personal possessions at the time you obtained the loan?
Yes
No
Description of Item
Do you own or are you buying any tools or equipment that you use for your work?
Yes
No
Description of Item
Value of the item if sold at a flea market or yard sale
At present, do you have any inventory (stock in trade) that could be sold for
$200 or more in profit?
Yes
No
Yes
No
Description of Item
Are you buying any jewelry with installment payments?
Description of Item
Do you own any guns or other types of firearms?
Yes
No
Yes
No
Yes
No
Yes
No
Description of Item
Do you have any animals, livestock or pets you could sell for $200 or more?
Description of Animal(s)
Value of the animals if you had to sell them
Do you have any checking or savings account(s) at this time?
Name of Bank
Address/City/State/Zip of Bank:
Type of account: Checking, Savings or Both?
Name(s) on the Account
Account Number
Present Balance
Name of Second Bank (if applicable)

Address/City/State/Zip of Bank:
Account Number
Present Balance
Are you a member of a credit union?

Name of Credit Union
Account Number
Present Balance
Do you have a Christmas Club Account or any other special purpose accounts?
Yes
No
Name of Financial Institution

Account Number
Present Balance
Do you currently have any security deposits being held by a utility company?
If yes, what is the amount?
Yes
No
Name of Utility Company:
Address of Utility Company

City, State and Zip Code of Utility Company
Account Number
Present Balance
** You may include past due utility bills in your bankruptcy, but you will have to reapply to the utility company as a
new customer and pay a new deposit in order to establish service with their company.
Do you have any life insurance other than what your employer provides?
Yes
No
Name of Insurance Company

Does your policy have a cash value?
Yes
No
If so, approximate cash value:
In other words, could you borrow money against your policy or make a cash withdrawal? If so, provide the current
amount you could obtain if you borrowed against your insurance policy at this present time, or if you withdrew a
cash settlement:
Even if you are not vested, is there a retirement/pension plan at your work?
Yes
No
Type of retirement (i.e., 401-K, PERS, etc.)

Does this account presently have a cash value? Yes
No If so, approximate cash value:
In other words, could you borrow money against your retirement plan or make a cash withdrawal? If so, provide
the current amount you could obtain if you borrowed against your plan at this present time, or if you withdrew a
cash settlement.
Besides retirement/pension, is there a separate profit-sharing plan at your work?
Yes
No
Type of stock, bond, etc. (i.e., 401-K, PERS, etc.)

Have you set up your own separate retirement not provided by employer?
Yes
No
Name of Financial Institution (if applicable)

Will you be receiving retirement benefits from a previous employer within the
next six (6) months?
Yes
No
Date you expect to start receiving retirement benefits:
Are you receiving any proceeds for retirement at this time?
Yes
No
Yes
No
Yes
No
** If yes, please state the amount you receive monthly on the Income Sheet of these forms
Do you have any stocks, bonds (including savings bonds) or mutual funds?
Type of bond, stock, mutual fund:
Does this bond, stock or mutual fund have a cash value?
Yes
No Cash value:
Even if you never expect to collect any money, does an ex-spouse owe you
money for alimony or child support?
Name of Ex-Spouse
Address of Ex-Spouse
Total amount he/she owes you
Date originally started owing you
Has this ex-spouse been court ordered to pay you?
How long?
Over the last year, have you, your children or your spouse been involved in an accident where someone
was hurt, for example, a car accident?
Yes
No
Date accident occurred
Who was at fault?
Who was involved in the accident?

Was any insurance money received?
Yes
No If yes, how much?
During the next six (6) months, do you expect to inherit anything?
Yes
No
Details and Amount

During the next six (6) months, do you expect to recover on
anyones life insurance policy?
Yes
No
Yes
No
Yes
No
Yes
No
Details and Amount

Do you expect to receive any money from any insurance claim,
for any reason, during the next six (6) months?
Details and Amount
Are you the beneficiary of a trust fund?
Details and Amount
Are you owed any back wages, commissions, or vacation
pay from your current or previous employer?
Employer Name and Amount
Is any of your property in the hands of a repairman, storage
company or pawnbroker?
Yes
No
Name of Place Holding Your Property

Address
City, State, Zip
Description of Items
In the near future, do you expect to settle, win or begin a case for personal injury?
Yes
No
Details and Amount

In the near future, do you expect to enter into any property settlement
with a former spouse?
Yes
No
Details and Amount

Does anyone owe you any money for a judgment you have obtained against them?
Yes
No
Details and Amount

Even if you never expect to collect, does anyone owe you
any money for any reason whatsoever?
Yes
No
Name of Person who owes you money

Address of Person who owes you money
City, State, Zip of Person who owes you money
Explain why they owe you money:
Amount they owe you
Date they originally started owing you
Have you made any payments on your loans or bills other than ordinary payments? In other words, have
you made catch-up payments, paid off or borrowed to pay on or off bills or loans?
Yes
No
Name of Creditor You Paid
Date Paid
Amount Paid
Current Balance Due
Amount Paid
Current Balance Due
Name of Creditor You Paid

Date Paid
Are there any lawsuits pending against you now?
Yes
No
Who is currently suing you?

Attorneys name and address assigned to the case (if applicable):
What is the case number on the court document?
** Please include a copy of this document when you return these forms.
Have your wages or property been garnisheed or attached?
Yes
No
Who garnisheed your wages or attached your property?

When item did they take the property or what date did they start the garnishment?
How much money do they take from your paycheck and how often?
Have you returned any property to creditors or was any of your property repossessed from you, sold at
foreclosure, transferred through a deed or returned to a seller?
Yes
No
What property did you turn over to a received?
When and where did this take place?
Has any of your property been assigned for the benefit of your creditors?
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
Yes
No
Which creditor did you make an assignment to?

What date did you make the assignment to this creditor?
What property did you assign to the creditor?
Is any of your property in receivership or other legal custody?
When did you file your receivership?
In what court was this done?
Have you made any extraordinary gifts?
What extraordinary gifts or transfers have you made?
Who did you give the gift to?
What date/year did you make the gift?
What is the approximate value?
Have you transferred any money or property to family members or

friends or paid them any money on debts you might owe them?
Type of property transferred:
What date/year was it transferred?
What is the approximate value?
Have you have any unusual losses, such as fire, theft, gambling or otherwise?
What item(s) were lost?
What date/year was it lost?
Amount insurance paid?
Have you had any losses covered by insurance?

Describe loss:
Date/year of loss?
Amount insurance paid?
Have you consulted with any other attorney about your financial affairs or
paid money to a debt counseling service?
Yes
No
Yes
No
Yes
No
Name of attorney or service

Consultation Date
Money paid for service
Have you filed any bankruptcy within the last six (6) years?
Did you file a Chapter 7, Chapter 13, or a Chapter 11?
Date your bankruptcy was filed?
City, State Filed?
Name(s) of persons who filed?

Was the case discharged?
Yes
No
Case Number
Have you closed any bank accounts within the past two (2) years?
Name of Bank
Address of Bank
City, State, Zip Code of Bank
Account Number
Date Closed
Did you owe a balance when you closed this account?
Name on Account
Yes
No
Balance owed:
If you did not owe a balance when you closed this account, how much money did you receive?
Do you or have you rented a safe deposit box during the past two (2) years?
Yes
No
Name of Financial Institution

Address of Financial Institution
City, State, Zip of Financial Institution
Account Holders Name and Address
What are the contents of the safe deposit box?
If you no longer have the safe deposit box, what date/year did you surrender it?
If you transferred the safe deposit box, when and to whom did you transfer. (Please also provide this persons
complete mailing address.)
Are you holding any property that belongs to someone else?
Yes
No
Yes
No
Item(s) in your possession:

Name and address of person these items belong to:
Is anyone holding any property that belongs to you?
Item(s) in someone elses possession that belong to you?
Name and address of person holding these items which belong to you?
Have you lived at any other residence (other than your current address)
within the past six (6) years?
Yes
No
Address lived at:

City
State
Time period lived at this address: From (date/year)
Zip
To (date/year)
Address lived at:

City
State
Time period lived at this address: From (date/year)
Zip
To (date/year)
Have you been self-employed or had any financial interest in any business (or been involved in a partnership with someone who owned a business) within the past six (6) years?
Yes
No
Name of business
Business address
Type of business (what type of products were sold)?
Date business began
Date business ended
Name of your partners, co-investors, or associates?

What were your net profits for 2002?
2001?
2000?
How much income tax do you pay from the income you make with your business?
During the past two (2) years, have either you or your spouse had any other income source outside
normal pay from your employer? (includes flea market dealers)
Yes
No
Income 2002?
2001?
2000?
Do you expect to receive a tax refund this year?

Amount of tax refund anticipated:
Yes
No
When do you expect to receive it?
By signing below, I state that all the information provided in the pages of the Statement of
Affairs is true and correct to the best of my knowledge.
Signature of Debtor #1
Signature of Debtor #2
DUTY TO DISCLOSE ALL ASSETS

The bankruptcy preparer, Victoria Ring, has advised me/us, and I/we understand, that it is my/
our obligation as a debtor(s) seeking protection before the Bankruptcy Court, to disclose every
asset I/we own OR have a right to claim. Listing assets does not necessarily mean that the
item(s) will be taken from you. Instead, your assets will be reported on Schedule B of your
bankruptcy petition to show an accurate reflection of your current financial situation.
I/we understand that the word asset is broadly defined and includes, but IS NOT LIMITED
TO such things as:
Any interest in real property (Land)
Any titled vehicle including mobile home
Any non-titled vehicle including motorcycle, 3 & 4 wheelers, trailers, etc.
Cash (savings and checking accounts, 401Ks, stocks, bonds, etc.)
Monies on deposit with a bank or financial institution
Any and all claims including but not limited to personal injury, general torts, future
interests in life estates, interest in death benefits of life insurance policies or trusts
Claims for medical or other professional malpractice
Settlements due to alimony, support and property settlement
Tax refunds
Retirement accounts, IRA, bonds, stocks, annuities
Account receivables
Boats, motors and accessories
I/we understand that this obligation is enforceable under both the penalty of perjury and criminal statute. I/we acknowledge that I/we have disclosed to my/our bankruptcy preparer all of
my/our assets by signing below.
Date Signed:
Debtor #1
DUTY TO DISCLOSE ALL CREDITORS
The bankruptcy petition preparer, Victoria Ring, has advised me/us, and I/we understand, that
it is my/our obligation as a debtor(s) seeking protection before the Bankruptcy Court, to disclose EVERY debt that I/we owe to any person, company or institution, regardless of the
amount owed or the purposes for which the obligation was incurred.
Note: Some people only submit these forms, listing the debts that want to file bankruptcy on -- and leave out debts that want to keep out of the bankruptcy. Because a
bankruptcy petition is a complete, and accurate picture of your current financial situation, everything you owe and everything you own must be recorded properly for the
Bankruptcy Court. If you wish to continue paying on a debt you owe (example: your car,
home, furniture, credit card, etc.) then make sure you list it as a debt on the Debt Sheet
but write the word KEEP beside the debt. If your budget can afford to make the
monthly payment, it will be included in your monthly budget. The creditor may ask you
to sign a Reaffirmation Agreement that states you will continue paying this debt, even
though you are filing for bankruptcy relief.
I/we understand that the obligation to disclose all debts owed is enforceable under both the
penalty of perjury and criminal statute. In other words, if you do not provide complete and
accurate information for every debt you owe, you could be risk your bankruptcy being dismissed or even be subject to criminal charges by the Federal Court.
I/we acknowledge that to the best of my/our ability that I/we have disclosed to Victoria Ring all
of my/our creditors as detailed on the forms in this package by signed my/our names below.
Date Signed:
Debtor (Husband)
Debtor (Wife)
AGREEMENT
By signing this agreement I understand that Victoria Ring, located at 1601 W. Fifth Ave #123, Columbus, Ohio
43212 is a non-attorney bankruptcy petition preparer. By requesting and/or employing the services of Victoria
Ring, you acknowledge and agree to the following:
1. No information provided by Victoria Ring is intended to be legal advice or recommendation for action, nor
should any information provided be construed as such advice or recommendation. Victoria Rings knowledge
is compiled from training received from individual attorneys specializing in bankruptcy law, her day-to-day
working knowledge of bankruptcy law and her knowledge of preparing almost 1,800 bankruptcy petitions
during the course of her career. You understand that all legal advice must be obtained from an attorney
licensed to practice law in your state.
2. You agree to indemnify and hold harmless Victoria Ring, against any claim, liability, loss, or expenses,
including but not limited to attorneys fees and court costs, arising directly or indirectly from use of the services provided. You also assume all liability for costs involved in collection of fees due, including attorneys
fees, court costs, account maintenance, and other collection expenses.
3. Victoria Rings liability in all instances are limited to the cost of the forms provided, and under no circumstances will Victoria Ring be responsible for other fees or costs incurred by yourself and/or spouse. You
understand that the $99.95 non-attorney bankruptcy preparation fee is non-refundable unless Victoria is
unable to prepare your petition for any reason.
4. Victoria Ring agrees to provide the following services for the $99.95 fee mentioned above:
Complete preparation of your entire bankruptcy petition. This includes all Schedules, Forms, Voluntary
Petition, Creditors Matrix, Summary of Schedules and 1015 Form if applicable to your state law or local
rules.
Step-by-step instruction sheets specifically customized for you; providing you the address of where you
are to file your bankruptcy petition at the Bankruptcy Court in your jurisdiction, general information
about your 341 Creditors Meeting as well as your final Confirmation Hearing.
Preparation of wage garnishment letters that will STOP any unauthorized deductions from your future
paychecks. They are prepared for your signature and mailing.
100% Guarantee that your bankruptcy petition will be accepted by the court as a complete, legal
document. Victoria Ring cannot guarantee you will receive a bankruptcy discharge. This guarantee can
only be provided by an attorney specializing in the are of bankruptcy law.
After you send in these forms to Victoria Ring for preparation of your bankruptcy petition, you can expect to
receive a telephone call or email within 3-5 days after receipt. If you cannot be reached by telephone or email,
Victoria will write you a letter letting you know any additional information she needs to complete your bankruptcy
petition. If, in the meantime, your financial situation changes in any way, it is your responsibility to email or call
Victoria immediately at 614-486-7642 or victoria@victoriaring.com so she can make any changes.
By signing below, you understand and agree to the statements made in this Agreement.
Debtor #1
Date:
Date:
OTHER USES FOR THESE FORMS

The intake forms included in this package are not designed exclusively for our use. Below are
some suggested uses for these forms if you choose not to use our preparation service:
1.
Fill out the forms and take with you to your bankruptcy attorneys office. They will
provide the attorney will all the necessary information to assess your financial position
and provide you with a better level of legal advice. It also will save you and the attorney a lot of time and may even reduce the attorney fee.
2.
Fill out the forms and use the information to assess your own financial position. You
may find that you can pay your bills and may not have to file bankruptcy at all.
3.
Make copies of the forms before you fill them out and pass them out to friends and
relatives who may be interested in filing bankruptcy. Write your name and address at
the top of the GENERAL INFORMATION form (Page 1) in the space provided (Referred By: _______.) We will send you a referral check of $15.00 for each bankruptcy
petition we process to thank you for your recommendation.
4.
If you are seeking to start your own business providing bankruptcy services to the
general public, or if you are an attorney planning on expanding your business to
include debtor bankruptcy services, please visit http://www.lawyerassistant.com
and obtain your free intake forms customized with your name and address. We discount our petition preparation service for legal professionals.
In addition, we provide a Getting Started Package for attorneys and paralegals if you
prefer to process your own bankruptcy petitions. This package contains a 2-hour
training CD, bankruptcy software and a healthy supply of debtor and creditor pleadings to get your new business up and running within days. For more information on
this package go to http://www.bankruptcyparalegalservices.com/cds/
Thank you again for utilizing the services of Bankruptcy Paralegal Services. We are unique in
the fact that we never place making a buck over high-quality service. While other companies
may boost of this fact, the majority of them dont walk the walk. Bankruptcy Paralegal Services was set up to be a personable, caring service for our clients. If at any time, we do not
meet your highest expectations, please let us know about it immediately so we can fix the
problem to your satisfaction.
Contact Information:
Victoria Ring, President
Bankruptcy Paralegal Services
1601 W Fifth Ave #123
Columbus, Ohio 43212-2303
(614) 486-7642 (24 hour answering machine)
http://www.bankruptcyparalegalservices.com/

87 Things You Need To Know Before You File Before You File - PDF

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87 Things You Need To Know Before You File Before You File - PDF

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87 Things You Need

Written and Published by

Victoria Ring, Bankruptcy Paralegal

An Important Message to the Readers:

An Important Message to Legal Professionals:

Interested in Starting a Business?

Earn a $15.00 Referral Bonus:

Free Forms Included ..................................................................................................

Paid Services .............................................................................................................

How to Determine if you Should Hire Victoria Ring to

Summary of Skills and Experience of Victoria Ring ...................................................

How Hard is it to File a Bankruptcy Petition? .............................................................

Some Terms You Need to Know Concerning Bankruptcy .........................................

Chapter 7 Bankruptcy ................................................................................................

Chapter 13 Bankruptcy ..............................................................................................

Changes in Payments During a Chapter 13 Bankruptcy ............................................

Chapter 11 Bankruptcy ..............................................................................................

Steps That Occur for Either a Chapter 7 or Chapter 13 Bankrupcty ..........................

Other Facts that You Need to Know ..........................................................................

Debts That Cannot Be Discharged .............................................................................

The First Steps in Preparing a Bankruptcy Petition ....................................................

How Your Credit Will be Effected by Bankruptcy ....................................................... 11

87 Things You Need to Know

keeping people under debt forever was not

87 Things You Need to Know Before You File Bankruptcy

reading this ebook, you will be in a better

HOW TO DETERMINE IF YOU SHOULD

87 Things You Need to Know Before You File Bankruptcy

The reason for this is because if you have a

87 Things You Need to Know Before You File Bankruptcy

HOW HARD IS IT TO FILE BANKRUPTCY?

87 Things You Need to Know Before You File Bankruptcy

10. Unsecured Debt This is a debt

15. Relief From Stay This is a

87 Things You Need to Know Before You File Bankruptcy

19. Dismissal Among other things,

You must reside or have a

You must not have received a

(Note: There is pending legislation currently

You must reside or have a

Have a steady source of

The total amount of your

87 Things You Need to Know Before You File Bankruptcy

31. Nothing stays the same. During

87 Things You Need to Know Before You File Bankruptcy

38. At your Meeting of Creditors a

87 Things You Need to Know Before You File Bankruptcy

43. After your bankruptcy is over and

credit obtained by false pretenses or acts of fraud;

all taxes, customs or duties;

debts owed for fines and

child or spousal support;

luxury items valued at $500 or

cash advances of $1,000 or

debts made due to an act of

debts owed a party where you

debts owed for the death or

THE FIRST STEPS IN PREPARING TO

Name and complete mailing

Your account number (if

The name of who owes the

The total amount you owe

How much your monthly