When the time comes to get your life back on track financially, the bankruptcy discharge papers can be a helpful tool. If you are planning to purchase a home in the near future, you will have to have the bankruptcy discharge papers to show the lender or mortgage company. In some cases you may need all of the paperwork pertaining to your case. As you work to rebuild your credit and even apply for new credit, you may need to be able to produce the bankruptcy discharge papers. Always keep at least one copy of this type of paperwork.