A document management system. The system includes a pegboard including a plurality of holes arranged in rows and columns, at least one hanging folder having a first cover and a second cover connected at a fold line, each of the first and second covers including a pair of hanging members extending laterally therefrom, and first and second clip supports, each clip support including an attachment member integrally connected to at least one arm. Each arm is oriented generally perpendicularly to the attachment member and includes first and second retainers for positively locating the hanging members of the first and second covers of a hanging folder relatively to the at least one arm. Each attachment member includes an engagement member integral to the attachment member for engaging at least one of the holes of the peg board.