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Case 1811333CSSDoc 75Filed 06/26/18Page 1 of 14IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE In re:Chapter 11Sancilio Pharmaceuticals Company, Inc., et al.,1Case No. 1811333 (CSS)Debtors.(Jointly

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How to fill out tatement of financial affairs

01

To fill out a Statement of Financial Affairs, follow these steps:

02

Gather all relevant financial information, such as income sources, expenses, assets, and liabilities.

03

Start by providing personal and contact information on the form, such as your name, address, and phone number.

04

Disclose any bankruptcy cases you have filed in the past, including the date of filing and case number, if applicable.

05

List all sources of income, including employment, self-employment, spousal support, or any other sources of funds.

06

Disclose any expected increase in income, such as raises or bonuses, within the next year.

07

Provide details of your monthly expenses, including rent or mortgage payments, utilities, transportation costs, groceries, and other necessary expenses.

08

List all your assets, such as real estate, vehicles, bank accounts, retirement plans, investments, and valuable personal property.

09

Indicate any transfers of property or assets made within the past two years.

10

Provide information about any lawsuits, claims, or disputes involving your financial affairs.

11

Disclose any debts or liabilities, including credit card debts, loans, taxes owed, or any other outstanding obligations.

12

If you own a business, provide detailed information about its financial operations and debts.

13

Finally, review the completed form for accuracy and make sure all required information is provided.

14

Sign and date the Statement of Financial Affairs.

Who needs tatement of financial affairs?

01

A Statement of Financial Affairs is required for various individuals in different circumstances, including:

02

- Individuals filing for bankruptcy

03

- Debtors involved in bankruptcy proceedings

04

- Applicants for certain loans or financial assistance programs

05

- Individuals involved in legal disputes related to their financial affairs

06

- Individuals with complex financial situations who need to disclose their assets and liabilities

07

It is advisable to consult with a legal professional or financial advisor to determine if you need to fill out a Statement of Financial Affairs.

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What is statement of financial affairs?

The statement of financial affairs is a detailed report of an individual or organization's financial status.

Who is required to file statement of financial affairs?

Individuals or organizations who are filing for bankruptcy are required to file a statement of financial affairs.

How to fill out statement of financial affairs?

The statement of financial affairs can typically be filled out electronically or on paper, following the instructions provided by the court or bankruptcy trustee.

What is the purpose of statement of financial affairs?

The purpose of the statement of financial affairs is to provide a comprehensive overview of the debtor's financial situation to assist creditors and the court in the bankruptcy process.

What information must be reported on statement of financial affairs?

Information such as assets, liabilities, income, expenses, transfers of property, and other financial transactions must be reported on the statement of financial affairs.

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