I’m about to file for Chapter 7 bankruptcy and was wondering if I need to have the last two bills from my creditors, or if the three credit reports from the major credit reporting agencies will be enough?
It’s better to provide the most recent bills from your creditors because they include the exact address for sending bankruptcy notices. Credit reports don’t always have the correct or updated information for this.
@Blair
Agreed. Bring both your bills and credit reports to your attorney so they can cross-check and ensure nothing is missed.
@Blair
The bills also show the most recent balance and any additional details that might not appear on a credit report.
If you don’t have the bills, credit reports can work, but they may not be as reliable for the addresses. Check with your attorney to make sure you’re providing everything needed.
Max said:
If you don’t have the bills, credit reports can work, but they may not be as reliable for the addresses. Check with your attorney to make sure you’re providing everything needed.
Yes, your lawyer can guide you on what’s required. They might even contact creditors directly if something is missing.
The law requires bankruptcy notices to be sent to the address specified by the creditor for such notices. This is why bills are preferred, as they usually include this information.
It’s a good idea to gather as much documentation as you can, including both bills and credit reports. Your lawyer can sort out what’s most useful.
Make sure to include any creditors that might not be listed on your credit reports, like medical bills or personal loans. Bills will help with this.
Brooke said:
Make sure to include any creditors that might not be listed on your credit reports, like medical bills or personal loans. Bills will help with this.
Good point. Some debts, like medical or utility bills, might not show up on credit reports but are still important to include.