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Bankruptcy Information Questionnaire

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Bankruptcy Information Questionnaire

This Bankruptcy Information Questionnaire (the "Questionnaire") is completed by Debtor Name: and Attorney/Firm Name: . The information provided herein will be relied upon by Attorney for preparation and filing of any petition, schedules, statements, and related pleadings. Completion Date:

RECITALS

WHEREAS, Debtor seeks to provide Attorney with a complete and accurate statement of the Debtor's assets, liabilities, income, and expenditures to enable Attorney to assess and, if appropriate, file a petition under the Bankruptcy Code; and

WHEREAS, Attorney requires the information requested in this Questionnaire to determine the appropriate chapter, exemptions, schedules, and statements, and to prepare required creditor and court notices; and

WHEREAS, Debtor acknowledges that the accuracy of the information provided is material to the legal services to be rendered and that omissions or inaccuracies may result in adverse legal consequences, including sanctions or denial of relief.

NOW THEREFORE, in consideration of the mutual covenants and for the purposes stated herein, Debtor submits the following information under penalty of perjury.

1. DEBTOR IDENTIFICATION

2. BANKRUPTCY CASE INFORMATION

Proposed Chapter(s):

3. ASSETS

List real property owned or partially owned (address and estimated fair market value):

List bank accounts, investments, and account balances:

4. LIABILITIES

Provide the names of primary unsecured creditors and approximate balances (list up to five principal creditors):

5. INCOME, EMPLOYMENT, AND EXPENSES

6. TRANSFERS, LITIGATION, AND CLAIMS

Have you made any transfers of property, payments to insiders, or gifts within the past two years that you believe may be subject to challenge by a trustee?

Are there any pending lawsuits, administrative proceedings, or claims against Debtor?

7. TAXES

Have you filed federal or state tax returns for the past four years?

8. ADDITIONAL INFORMATION AND DOCUMENTS

Please indicate documents provided to Attorney:

9. REPRESENTATIONS, CERTIFICATIONS, AND AUTHORIZATIONS

Debtor represents and certifies that all information provided in this Questionnaire is true, correct, and complete to the best of Debtor's knowledge. Debtor understands that intentional falsification or omission of material information may constitute perjury or fraud and may expose Debtor to civil or criminal liability.

Debtor authorizes Attorney to obtain and review credit reports, account records, and other information reasonably necessary to prepare the bankruptcy petition and to communicate with creditors, courts, and third parties on Debtor's behalf in furtherance of representation.

Debtor acknowledges that Attorney has not guaranteed any particular result and that the Court will determine eligibility for relief and the outcome of claims.

10. NOTICES

All notices required or permitted under this Questionnaire shall be given in writing to the addresses provided below. Notice to Attorney is effective upon actual receipt by Attorney; notice to Debtor is effective upon delivery to the residence address set forth in Section 1.

11. MISCELLANEOUS PROVISIONS

Governing Law: This Questionnaire shall be governed by and construed in accordance with the laws of the state in which Debtor resides, without regard to conflict of law principles. The parties consent to the jurisdiction and venue of the bankruptcy court and state courts as applicable.

Entire Agreement: This Questionnaire, together with any engagement letter or retention agreement executed between Debtor and Attorney, constitutes the entire understanding between the parties with respect to the matters addressed herein and supersedes all prior oral and written statements.

Severability: If any provision of this Questionnaire is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect to the fullest extent permitted by law.

Amendments and Waiver: Any amendment to this Questionnaire must be in writing signed by both Debtor and Attorney. No waiver of any provision shall be effective unless in writing and signed by the party waiving compliance.

CERTIFICATION

I declare under penalty of perjury under the laws of the United States and the applicable state that the foregoing statements and answers are true and correct to the best of my knowledge, information, and belief.

Debtor:

By:

Date:

Attorney:

By:

Date:

Enter text✕

What the Bankruptcy Information Questionnaire Is and When It’s Used

The Bankruptcy Information Questionnaire is a structured intake form used to collect a debtor’s financial, employment, asset, and creditor details prior to filing or responding to a bankruptcy case. It centralizes data such as income, monthly expenses, secured and unsecured debts, recent transfers, and parties with potential claims. Courts, trustees, and advising attorneys use the completed questionnaire to prepare schedules, determine eligibility for chapters, and plan creditor notices. The form helps reduce follow-up requests by capturing standardized, verifiable information up front and supports both paper and electronic submission workflows.

Why a Clear Questionnaire Matters for Bankruptcy Cases

A complete questionnaire reduces errors, shortens review cycles, and helps counsel evaluate filing strategy quickly. It creates a single source of truth for schedules and trustee review while documenting the debtor’s disclosures in a reproducible record that supports later filings or court inquiries.

Why a Clear Questionnaire Matters for Bankruptcy Cases

Who Typically Prepares and Uses the Questionnaire

The questionnaire is completed by debtors with assistance from attorneys or paralegals and is reviewed by trustees, bankruptcy counsel, and lenders.

  • Debtors and their counsel who need an accurate financial snapshot prior to filing or meeting of creditors
  • Bankruptcy trustees and court clerks who use standardized data to verify schedules and check for non-exempt transfers
  • Creditors and their attorneys who request the form to evaluate claims and reconcile balances before or during the case

Completed questionnaires are retained in the case file and used to prepare official schedules, creditor notices, and responses to court requests.

Step-by-Step: Completing the Questionnaire

Use this sequence to gather materials and complete the form accurately before submission or a 341 meeting.

  • 01
    Gather Documents: Collect pay stubs, bank statements, titles, and tax returns.
  • 02
    Complete Fields: Enter data carefully using the specified formats.
  • 03
    Verify Identity: Confirm names, SSNs, and addresses match ID.
  • 04
    Submit: Provide form and attachments to counsel or court clerk.

Security and Compliance Considerations for Electronic Questionnaires

Encryption Transit: TLS 1.2/1.3
Encryption At Rest: AES-256
Certifications: SOC 2 Type II
Healthcare Compliance: HIPAA (BAA required)
Regulatory Standards: 21 CFR Part 11
Electronic Signature Law: ESIGN and UETA compliance

Common Preparation Mistakes to Avoid

  • Incomplete creditor details cause time-consuming follow-ups and may require amended schedules to correct claim amounts.
  • Using inconsistent name formats (nickname vs legal name) leads to identity mismatches and delays in trustee verification.
  • Failing to attach supporting documents, such as pay stubs or title documents, often prompts additional requests from counsel or the court.
  • Relying on handwritten, illegible entries increases transcription errors and can prolong creditor reconciliation during case administration.

Consequences of Inaccurate or Omitted Information

Incomplete Disclosure: May lead to sanctions
False Statement: Potential fraud allegations
Missing Signature: Document may be invalid
Late Filing: Court relief could be denied
Incorrect Creditor Data: Claims misallocated
Unnotarized Affidavit: Some jurisdictions reject it

Typical Routing and Submission Workflow

A consistent routing approach ensures the questionnaire and attachments reach counsel, trustees, and the court in the correct order for filing and review.

  • Prepare Package: Compile questionnaire and supporting files.
  • Assign Reviewers: Send to attorney and paralegal for verification.
  • Authenticate Signatures: Complete e-signing and any notarizations.
  • File or Deliver: Submit to court clerk or trustee electronically or in person.

Configuring an Online Questionnaire Workflow

Set up fields, authentication, and routing to match your practice’s review and court filing requirements.

Field Configuration
Auto-fill Mapping Map CRM fields to questionnaire inputs
Conditional Logic Show fields when specific answers apply
Signer Authentication Use email, SMS code, or KBA
Routing Rules Sequential send to counsel then trustee

Delivery Options and Technical Requirements

Choose delivery methods that match court requirements and signer access, including secure email, RON, or in-person notarization.

  • Integrations: Salesforce, NetSuite, Google Workspace
  • Document Formats: PDF, DOCX, HTML supported
  • Authentication: Email, SMS, KBA options

Timing Considerations and Typical Deadlines

Certain tasks must be completed before filing, prior to the 341 meeting, or within timeframes set by the court or trustee.

Pre-filing Completion:

Provide the questionnaire to counsel before the petition is prepared

341 Meeting Preparation:

Have documents ready before the trustee’s meeting

Response Deadlines:

Reply promptly to trustee or creditor requests to avoid motions

Amendments:

Submit corrected questionnaires immediately upon discovering errors

Record Retention Start:

Begin retention timing from the filing or document creation

Key Case Milestones and Processing Stages

A high-level sequence of milestones helps teams coordinate document preparation, filing, and post-filing obligations for bankruptcy matters.

01

Preparation Stage

Assemble questionnaire, supporting documents, and counsel review before filing

02

Filing Stage

File petition and schedules with the court; provide questionnaire to trustee

03

Creditor 341 Meeting

Trustee and creditors review disclosures and ask questions

04

Case Administration

Address objections, file amendments, and distribute notices as needed

eSignature Vendor Pricing Snapshot for Bankruptcy Questionnaires

Compare starting prices and key capabilities for common eSignature vendors to choose a platform aligned with security, HIPAA needs, and volume; signNow is listed first per vendor ordering rules.

signNow DocuSign Adobe Sign PandaDoc HelloSign
Starting Price $8/user/mo $15/user/mo $14/user/mo $19/user/mo $15/user/mo
Free Trial 7-day free trial Varies Varies Varies Varies
Bulk Send Yes Yes Yes Yes No
Audit Trail Yes Yes Yes Yes Yes
HIPAA Compliant Yes Yes Yes No No

Practical Examples from Firms That Use Digital Intake

These two examples illustrate how structured questionnaires improve turnaround and case readiness for smaller firms and property-focused practices.

Optica Ventures (COO)

Optica adopted an online intake to reduce back-and-forth with clients and standardize data collection.

  • The result lowered document confusion.
  • The streamlined process cut review cycles and improved client response rates across digital and mobile channels while preserving audit logs for counsel and trustees.

Martin Properties (Founder)

A property management firm digitized tenant financial questionnaires for bankruptcy-related claims.

  • They captured signatures remotely.
  • Moving to a structured digital form enabled timely submission of creditor information, consistent disclosures on property liens, and easier support of trustee inquiries during case administration.

Frequently Asked Questions About the Bankruptcy Information Questionnaire

Answers to common questions about e-signatures, notarization, necessary attachments, and how to correct errors after submission.


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