schedules of assets and liabilities

schedules of assets and liabilities
Every debtor is required to file lists of assets and liabilities. These lists are on prescribed forms and divide assets and liabilities into various categories. (Bernstein's Dictionary of Bankruptcy Terminology)

United Glossary of Bankruptcy Terms 2012.

schedules of assets and liabilities
Every debtor is required to file lists of assets and liabilities. These lists are on prescribed forms and divide assets and liabilities into various categories.

US Bankruptcy 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

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  • statement of financial affairs — A detailed set of questions in a prescribed form which must be filed by the debtor in each bankruptcy case. also see schedules of assets and liabilities (Bernstein s Dictionary of Bankruptcy Terminology) A series of questions the debtor must… …   Glossary of Bankruptcy

  • statement of Financial Affairs — A series of questions the debtor must answer in writing concerning sources of income, transfers of property, lawsuits by creditors, etc (SA Bankruptcy.com) United Glossary of Bankruptcy Terms 2012. statement of financial affairs A detailed set of …   Glossary of Bankruptcy

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  • Bankruptcy — Notice of closure attached to the door of a computer store the day after its parent company declared bankruptcy (strictly, put into administration see text) in the United Kingdom. Bankruptcy is a legal status of an insolvent person or an… …   Wikipedia

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