Do you have to show your ckecking account for the last 6 months when you file chapter 7 bankruptcy.?

Question

Some say yes. some say no.What is it.Has anybody filed chapter-7 in los Angeles Ca in the last year.

Answer 1

I don't think it matters if you file in LA or somewhere else, you don't have to provide the last 6 months of checking account statements, unless that is how you are going to prove your income. Even then the Trustee only needs to see the past 60 days proof of income. The only reason you'd have to provide all those checking statements is if the trustee asks for it to verify what you did with a large sum of money you received in the past 6 months (or year). Otherwise you just list your balance on Schedule B. It is your obligation to disclose all your assets.

But if you want to file, you need to consult an attorney.

Answer 2

I don't know how far back you have to show. I do know for ANY bankruptcy you have to show ALL your current finances. That means EVERYTHING your own and EVERYTHING you owe. Even if you are not seeking to discharge certain debts in the bankruptcy, you are required to disclose them.

Answer 3

if i learned anything about bankruptcy from answers the first thing you need is a good lawyer!!!