Bankruptcy Law/Bankruptcy

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Expert: - 8/5/2009


Question
Why do you need 4 years of tax returns when you file? I was not having trouble 4 years ago, not even 3 years ago.

Answer
The bankruptcy code requires it.   While there is no language on why, I speculate it is just to confirm facts in the bankruptcy petition...it would disclose business interests if any, rental income, so it helps to confirm that the bankruptcy petition is accurate and complete.

Bankruptcy Law

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Terry Leeders

Expertise

Handles Chapter 7 and Chapter 13 bankruptcy cases.
10 years of extensive bankruptcy experience. Filed over 3000 cases
Chicago Bankruptcy Lawyer website
"One On One Personal Service You Deserve"

Experience

I have been practicing bankruptcy law for 10 years. I have helped over 3000 consumer bankruptcy clients in that time.

Organizations
Chicago Bar Association Illinois Bar Association

Publications
author of Chicago Bankruptcy Blog
Chicago Chapter 13 Bankruptcy Blog
Illinois Bankruptcy Law Blog
Fresh Start Partners

Education/Credentials
University of Illinois Thomas M. Cooley Law School
Chicago Bankruptcy Lawyer website

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