• FreeAdvice has a new Terms of Service and Privacy Policy, effective May 25, 2018.
    By continuing to use this site, you are consenting to our Terms of Service and use of cookies.

Question on Statement of Financial Affairs form...

Accident - Bankruptcy - Criminal Law / DUI - Business - Consumer - Employment - Family - Immigration - Real Estate - Tax - Traffic - Wills   Please click a topic or scroll down for more.

giulveza

Junior Member
What is the name of your state? CA

On the "Statement of Financial Affairs" form (b7), question 18 asks you to list any business in which you've been an owner, officer, partner, etc. in over the last 6 years.

A friend and I started a general partnership in Aug. 2002 and disolved it in Jan. 2004.

It was a home-based consulting firm.

The business has no debt, we each used our own property to do the work, and during the life of the business we only earned about $200-$300 (neither of us really had time to focus on it).

Is it worth even listing it?

Thanks!

Dan
 


Ladynred

Senior Member
You are better off disclosing everything and being 100% up front. Its amazing what a Trustee can find and it would look worse if you deliberately left it off.
 

Find the Right Lawyer for Your Legal Issue!

Fast, Free, and Confidential
Top