What is statement of affairs (SOA)? Statement of Affairs Template. The statement of affairs template is a legal document listing the assets and liabilities of a company or individual , typically produced when declaring bankruptcy. It is an archive that holds the details for a company’s list of assets and debts. A statement of affairs is helpful in certain business situations such as one such situation includes the calculation of a company’s total cost thus making the insolvency process much easier.
If two married people are filing together, both are equally responsible for supplying correct information. If more space is neede attach a separate sheet to this form. A statement of affairs means a statement of all assets wherever situated to which you were beneficially entitled on the specified date and all liabilities for which you were liable on that date. In some instances it includes assets of your minor children, i. Category: Individual Debtors.
This is an Official Bankruptcy Form. How every where the record is incomplete, and it is not all possible to complete it by double entry, in such cases the final accounts can be only approximately prepared by means of a statement of affairs. In appearance the statement of affairs is similar to a balance sheet. For this purpose, two comparative statement of affairs are prepared – one at the commencement of the year and other at the end of the year.
The excess of the assets over the liabilities as shown by the statement will. The SOA is a crucial step in the insolvency procedure, so completing it correctly is a must, and all the information has to be accurate and true. Provide full details, precise dates and amounts requested. Quickly access top tasks for frequently downloaded VA forms. APPLICATION FOR STATEMENT OF OWNERSHIP.
Any such application that is submitted late may be delayed until the fee is paid in full. Use the continuation page to tell us of other insolvency practitioners, if more than are acting. OF STATEMENT OF AFFAIRS The forms must be completed in duplicate either in or type, and be in Chinese or English The completed forms must be verified by affidavit or affirmation. Ensure that your current address and identity card number are stated in the affidavit or affirmation. For this purpose, statement of affairs is prepared at the beginning and at the ends of the perio so as to determine the overall change in the capital, during the financial year.
Ownership and Location Forms. It’s actually a document containing the assets, liabilities and debts of a person or a company that has filed for bankruptcy. If you need help completing this.
You do not have to start a new form. The April deadline to timely file annual exempt property reports has been extended to June 15. Application for Property Tax Exemption.
Spouses filing a joint petition may file a single statement on which the inf ormation for both spouses is combined. This statement must be completed by every debtor. This form is a statement of financial affairs. The following forms are currently available on this site: Form 6. Find the form (s) you need here.
Some functions of this site are disabled for browsers blocking jQuery. You may find it useful to understand some of the terms used here. B ( statement of affairs ) is applicable in cases subject to the new administration regime.
Exceptionally (see paragraph 15), a statement of affairs may be submitted in winding-up proceedings which includes details subject to a limited disclosure order in administrative receivership proceedings. Enter case number (in the format xx-xxxxx) and click Next. TELEPHONE NUMBER (Include Area Code) 7. E-MAIL ADDRESS €(Optional) NOTE: You will. Please print the information request in ink, neatly, and legibly to help process the form.
Indian Affairs (IA) and Paperwork Reduction Act Forms. IA-specific forms as well as IA Paperwork Reduction Act (PRA) forms can be found on this page (see tabs below) along with links to other government websites for specific forms. Additionally, some forms pertaining to the Bureau of Indian Education (BIE) can be found on this page.