statement of financial affairs

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 answer in writing concerning sources of income, transfers of property, lawsuits by creditors, etc. (There is an official form a debtor must use.) (BankruptcyAction.com)

United Glossary of Bankruptcy Terms 2012.

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

US Bankruptcy 2012.


Glossary of Bankruptcy.

Look at other dictionaries:

  • Statement of Financial Affairs — Statement of Financial Af·fairs: a written statement filed by a debtor in bankruptcy that contains information regarding esp. financial records, location of any accounts, prior bankruptcy, and recent or current debt – called also statement of… …   Law dictionary

  • 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

  • statement of affairs — A filing required of a bankrupt, the purpose of which is to render information concerning the bankrupt s financial affairs available to the creditors and trustee in bankruptcy. 9 Am J2d Bankr § 380 …   Ballentine's law dictionary

  • statement of affairs — a debtor s statement in bankruptcy proceedings listing relevant information: see Insolvency Act 1986, Section 288. Collins dictionary of law. W. J. Stewart. 2001. statement of affairs …   Law dictionary

  • Financial Reporting Council of Nigeria — Formation 1982 Type Regulatory body Purpose/focus Set standards for accountancy in Nigeria Headquarters Lagos, Nigeria Official lan …   Wikipedia

  • statement — In a general sense, an allegation; a declaration of matters of fact. The term has come to be used of a variety of formal.narratives of facts, required by law in various jurisdictions as the foundation of judicial or official proceedings and in a… …   Black's law dictionary

  • Financial Services Authority — The Financial Services Authority ( FSA ) is an independent non governmental body, quasi judicial body and a company limited by guarantee that regulates the financial services industry in the United Kingdom. Its main office is based in Canary… …   Wikipedia

  • statement of affairs — /ˌsteɪtmənt əv ə feəz/ noun a financial statement drawn up when a person is insolvent …   Dictionary of banking and finance

  • statement of affairs — Fin a statement, usually prepared by a receiver, in a prescribed form, showing the estimated financial position of a debtor or of a company which may be unable to meet its debts. It contains a summary of the debtor’s assets and liabilities. The… …   The ultimate business dictionary

  • statement of affairs — review of activity, detail of financial situation …   English contemporary dictionary

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