Bank Statement Converter for Bankruptcy Filings

Individuals and businesses filing for Chapter 7, Chapter 11, or Chapter 13 bankruptcy can convert bank statement PDFs to Excel or CSV to prepare means test calculations, document income for plan payments, and respond to trustee document requests. Essential for bankruptcy attorney financial statement preparation, U.S. Trustee document production, and 341 meeting of creditors financial documentation.

Key Benefits

• Means test income calculation from 6 months of bank statement deposits
• Chapter 13 repayment plan income documentation
• Trustee document request fulfillment in organized Excel format
• Pre-bankruptcy asset and transfer documentation
• Business Chapter 11 cash flow reporting for reorganization plans

How It Works

1. Step 1: Upload bank statement PDFs for the 6 months before bankruptcy filing
2. Step 2: Select Excel output
3. Step 3: Organize income deposits for means test calculation
4. Step 4: Provide to bankruptcy attorney before petition preparation

Frequently Asked Questions

Why do bankruptcy filings require bank statements?

The U.S. Bankruptcy Code requires full financial disclosure. Chapter 7 bankruptcy trustees review 6 months of bank statements to calculate the means test (income over the state median triggers Chapter 7 ineligibility), identify preferential payments to creditors in the 90 days before filing, and look for fraudulent transfers of assets. Export 6 months of bank statements to Excel for means test income calculation — sum all deposits to determine gross monthly income, then subtract exempt income categories as directed by your bankruptcy attorney.

How does Chapter 13 use bank statement income documentation?

Chapter 13 bankruptcy requires a 3–5 year repayment plan based on your disposable income. The plan payment calculation starts with monthly income from bank statements minus allowed expenses. Export bank statements to Excel to identify all income sources (wages, self-employment, rental income, alimony received) and regular expense payments (rent, car loans, insurance). Your bankruptcy attorney uses this Excel data to calculate the Chapter 13 plan payment the trustee will approve — the plan must commit all disposable income to creditors for the plan duration.

Convert Bankruptcy Statement Free