Determine whether Chapter 7 is the right option for your situation
Review your income, debts, assets, and recent financial activity
Complete the required credit counseling course from an approved provider
Gather financial documents, including pay stubs, tax returns, bank statements, debt records, and asset information
Fill out the bankruptcy petition and required schedules
List all creditors, debts, property, income, expenses, and recent financial transactions
File the bankruptcy paperwork with the correct bankruptcy court
Pay the filing fee or request a fee waiver or installment plan if eligible
Receive the automatic stay that stops most collection actions
Attend the meeting of creditors under oath
Provide any additional documents requested by the trustee
Complete the required debtor education course
Cooperate with the trustee during the case
Wait for the court to discharge eligible debts if no objections are filed
Keep copies of all bankruptcy documents and court notices