Get Business Debtor Questionaire - Office Of The Chapter 13 Standing

Completing the Business Debtor Questionnaire is a crucial step for business debtors filing under Chapter 13. This guide provides detailed, step-by-step instructions to help you fill out the form accurately and efficiently online.

Follow the steps to complete the form online

1. Click ‘Get Form’ button to obtain the questionnaire and access it in your online editor.
2. Begin by filling in your debtor's name and case number at the top of the form. Ensure that these details are included on any additional pages you may use.
3. In the 'Description of Business' section, specify the type of business you operate. Select from options like 1099 employee, sole proprietorship, partnership, corporation, or subchapter S corporation, and add any other relevant description.
4. Provide a brief description of your main product or service. This information should clearly outline what your business offers.
5. List the names of the businesses and their locations, ensuring to indicate if the business address is the same as the debtor's residence.
6. Detail the names of all owners and their respective percentages of ownership in the business.
7. Fill in the federal ID number of the business, ensuring it is not your personal social security number.
8. Indicate when the business began operations. Specify whether it was purchased or started up, including relevant dates and amounts if it was a purchase.
9. Answer the question about seasonal operations and list the good and bad seasons if applicable.
10. In the 'Description of Assets' section, estimate the value of physical assets, inventory, accounts receivables, and any goodwill associated with the business. Provide individual details for assets valued over $1,000 on a separate sheet.
11. Confirm if you are leasing office space and business equipment. If yes, further detail about the lease and equipment must be submitted on a separate page.
12. List all bank accounts accessible to the business and provide copies of bank statements and canceled checks for the three months prior to the Chapter 13 filing.
13. Identify all employees by completing the necessary fields for each, including their position, salary, and employment type. Submit relevant payroll tax reports if applicable.
14. In the licenses section, indicate if licenses are required for your business and submit copies of said licenses if applicable.
15. Provide copies of your recent profit and loss statement and balance sheet.
16. Finally, review the declaration under penalty of perjury section. Sign, date, and ensure your name is clearly written.
17. Once you have completed all sections, you may save changes, download, print, or share the completed form as needed.

Complete your Business Debtor Questionnaire online to ensure a smooth Chapter 13 filing process.