Bankruptcy Checklist
Table of Contents
Filing Bankruptcy
Determine if you really need to file a bankruptcy.
Calculate your income.
Calculate your allowed expenses.
Qualify yourself through the means test.
Select a good bankruptcy attorney.
Select debt counseling programs
Don't get yourself into this situation again.
Bankruptcy Alternatives
Determine if can you reduce your expenses while you pay the debt off.
Negotiate with your creditors and try and settle your debts yourself for less than you owe.
Go to Consumer Credit Counseling Services (CCCS) for a plan for paying off your debts.
Necessary Documents
A list of routine monthly living expenses.
A list of assets and their value.
A list of your debts.
A list of gross income and any payroll deductions.
Listing of all debts, assets, income and expenses related to the business.
Copies of your state and federal tax returns.
Copies of your recent payroll check stubs.
Copy of the Deed or Contract to the real estate and the mortgage papers
Your Social Security Number and if the business entity, the Federal I
D.# and incorporation date.
All life insurance policies.
Copies of any leases, contracts.
Recent profit and loss statements and balance sheets for the business.
Download or Print this Bankruptcy Checklist
Get a printable version of this checklist in your preferred format: PDF, Word, Excel, or print directly from your browser.
Presented by:
Jake R Brady
Stats
Views
41
Views: 41
Uses
13
Uses: 13
Tasks
25
Tasks: 25
Introduction
Who it's for
This Bankruptcy Checklist is for teams that want consistent execution, less rework, and clear ownership.
- Standardize quality - run the same Bankruptcy steps every time, regardless of who executes
- Save time - reuse a proven Bankruptcy workflow instead of rebuilding processes from scratch
- Improve accountability - assign owners and see what's done vs. what's pending
- Onboard faster - use the Bankruptcy checklist as the SOP and training guide
- Coordinate across roles - handoffs are clear and everyone works from the same source of truth
How to use it
How to use this Bankruptcy Checklist:
- Start by saving it - save as a Template if you'll reuse it, or as a Checklist if it's a one-off project.
- Customize it once for your workflow - remove what doesn't apply and add your team-specific steps.
- Assign ownership and execute - set owners/due dates where needed and track completion as work happens.
- Reuse without rebuilding - when Bankruptcy comes up again, start from your saved version and run it with clear ownership.