top Ad Widget

Collapse

Announcement

Collapse
No announcement yet.

Form B7 for individuals who were in business

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

    Form B7 for individuals who were in business

    On the statement of financial affairs, I have been a partner in a business within the past six years, though I haven't been lately. So I get to fill in questions 19-25.

    Except, the questions are written as if the debtor were the business itself. "accounts and records of the debtor", "audited the books ... of the debtor", "if the debtor is a partnership", etc. To which, read literally, these are all "none" -- nobody's done these things for me, but they did for the partnership I was a partner of.

    So am I meant to write "None" everywhere, or are the questions inaccurately worded? (I'm the debtor, right?)

    #2
    I should add, my reading of the Nolo book is that I probably do have to fill in questions 19 and 20, but not 21 through 25, but their advice is a bit vaguely worded so I'm not sure.

    Comment


      #3
      Fill in what you believe you need to. I ended up not filling in a lot of those questions, even though I was sole stockholder of an S Corp. Now, how the Trustee or UST deals with it, will be an individual situation.
      Chapter 7 (No Asset/Non-Consumer) Filed (Pro Se) 7/08 (converted from Chapter 13 - 2/10)
      Status: (Auto) Discharged and Closed! 5/10
      Visit My BKForum Blog: justbroke's Blog

      Any advice provided is not legal advice, but simply the musings of a fellow bankrupt.

      Comment

      bottom Ad Widget

      Collapse
      Working...
      X