Bankruptcy Lawyers Phoenix - Documents Required For Business Cases
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Bankruptcy Lawyers Phoenix - Documents Required For Business Cases

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Business Cases. The Trustee requires the following information for all cases in which one or both Debtors are self-employed and business activity will continue after the filing of the petition. The Trustee must receive all of the following items within fifteen (15) days of filing the petition if applicable.

  1. A twelve (12) month projected cash flow for the business. This cash flow should reflect projected income and expenses for the twelve (12) months following the date the petition was filed. This form can be found at www.ch13-12westtex.org;
  2. An Income Statement and Balance Sheet as of the date of filing;
  3. Proof that all employment taxes are paid and returns are filed;
    1. Monthly Operating Reports must be filed with the Trustee pursuant to G.O. 98-4 and
    2. G.O. 2003-03. Copies of reconciled bank statements and copies of deposit slips must also be attached to each monthly report. Monthly Operating Reports are due twenty
    3. (20) days after the end of each month. This form can be found at www.ch1312westtex.org;
  4. A completed Trustee’s business case questionnaire. This form can be found at
    www.ch13-12westtex.org.
  5. Copies of the last six months bank statements including deposits and cancelled
    checks.