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United States Bankruptcy Court Northern District of Illinois Eastern Division Transmittal Sheet for Opinions for Posting Will this opinion be published? Yes Bankruptcy Caption: Susan K. Cereal v.
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Susan K Cervac is a tax form used to report certain information related to foreign financial accounts.
Any U.S. person who has a financial interest in or signature authority over foreign financial accounts with an aggregate value exceeding $10,000 at any time during the calendar year is required to file Susan K Cervac.
Susan K Cervac can be filled out electronically through the Financial Crimes Enforcement Network's (FinCEN) BSA E-Filing System.
The purpose of Susan K Cervac is to help prevent money laundering and other financial crimes by providing the government with information about foreign financial accounts held by U.S. persons.
Information such as the account number, name of financial institution, maximum value during the year, and type of account must be reported on Susan K Cervac.
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