The basic requirement while filing for bankruptcy is to know in which chapter you want to file it in. First you have to take the chapter 7 means test and if you do not qualify in that, then you have to go by chapter 13. The process of filing for bankruptcy is a little complex, but with a little research you can get to understand the basic requirements.
After of the completion of the chapter 7 means test, the thing that should be done is deciding the method by which you would want to file for bankruptcy. This you can do it yourself by the free online forms, or hire a bankruptcy attorney or you can also hire a bankruptcy petition preparation survive. If you have a large number of assets that you want to save, then it is advisable to hire a bankruptcy attorney. After getting this sorted out, it is very necessary to minutely scrutinize and list all payments and bank account details up to date.