You are supposed to disclose all of your assets. You need to hire a creditor attorney to help you. Dallas has a good creditor bar. If you fail to disclose assets, you can be denied a discharge or have the discharge order vacated and the case could be dismissed.Ask a similar question
1. Yes. You said this was was a Sole Prop. So the money owed the individual debtor must be disclosed, and likely the trustee will want the money. The type of asset: "account receivable."
2. Yes, the question on the statement of financial affairs is pretty straightforward (question 11)
"List all financial accounts and instruments held in the name of the debtor or for the benefit of the debtor which were closed, sold, or otherwise transferred within one year immediately preceding the commencement of this case"
There is no geographic limitation to bankruptcy.Ask a similar question
1. Yes and list on Schedule B. If you cannot find a category you think this falls into the last paragraph is a catch all paragraph.
2. You have to disclose any closed bank accounts within 12 months of filing bankruptcy.
These are not the only issues you need to worry about. I am also a bit concerned that if you thought you may not have to list money that is owed to you, you may make other assumptions that may cause you harm. I suggest finding an attorney with experience with cases like your situation.
1845 S. Dobson Rd. Ste 201
Mesa, AZ 85202
We are a debt relief agency. We help people file for relief under the Bankruptcy Code.
If you live in Arizona, please contact me for actual advice; this is just speculation. It certainly is not legal advice. I don't have enough information to give actual legal advice. I can only take the limited information presented and provide a idea of what you might do and how it may turn out.Ask a similar question