• Instructor: Attorney Bob Schaller
• Lectures: 18

Statement of Financial Affairs.

Every Chapter 7 debtor is required to file a statement of the debtor’s financial affairs.  11 U.S.C. § 521(a)(1)(B)(iii); Bankruptcy Rule 1007(b)(1)(D).  Like the Statement of Intent, the Bankruptcy Rules requires a debtor to use a specific national form prescribed by the Judicial Conference of the United States when describing the debtor’s financial affairs.  Bankruptcy Rules 1007(b)(1) & 9009(a).  These rules are strictly enforced.  The statement’s form may not be changed as to affect wording or the order of presenting information.  Id.

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