Listing all of your debt on your petition is required. Keep in mind that there are additional fees incurred each time you add creditors after the filing of your petition. Use due diligence to obtain creditor information.
A credit report will verify most, if not all, of the debt that you owe. Consumers can download a free credit report every 12-months.
Our clients use AnnualCreditReport.com. This site provides free credit reports from Experian, Transunion and Equifax. No credit card is required. We prefer a Transunion credit report, as their report is very concise.
NOTE: Do not rely exclusively on your credit report to identify your debt. If a debt does not appear on your credit report (for example – healthcare debt that did not go to collections), then provide us with the most recent creditor statement.
If you can’t find a particular debt on your credit report, or don’t have a recent creditor statement, don’t be afraid to answer harassing creditor calls. You can use these calls to obtain information that will be added to your bankruptcy case. They will be eager to provide this information to you.
When a creditor or collection agency calls you, answer the call and get the following information from them:
- Company name and address. If a collection agency calls, obtain their address and the original creditor’s name and address.
- Account Number.
- Date you incurred the debt.
- Classification of the debt (Credit Card, Healthcare, Pay Day Loan, etc.).
- Amount owed.