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Case 2410164KBODoc 138Filed 02/13/24Page 1 of 27 Docket #0138 Date Filed: 02/13/2024IN THE UNITED STATES BANKRUPTCY COURT FOR THE DISTRICT OF DELAWARE x : In re : Chapter 11 : CAN HEALTH, INC., et

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How to fill out final schedules of assets

01

Gather all necessary financial documents such as bank statements, investment account statements, retirement account statements, and real estate appraisals.

02

List all assets, including their current market value, on the appropriate schedules based on the instructions provided.

03

Provide detailed descriptions of each asset, including any unique characteristics or considerations.

04

Include any liabilities or debts related to the assets on the schedules as well.

05

Review the completed schedules for accuracy before submitting them for final approval.

Who needs final schedules of assets?

01

Individuals going through a divorce and needing to divide assets

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Legal professionals handling estate planning or probate cases

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Financial advisors assisting clients with portfolio management

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What is final schedules of assets?

Final schedules of assets are detailed lists that outline all the assets held by an individual or entity at the end of a reporting period, typically required for financial audits, bankruptcy proceedings, or the winding up of affairs.

Who is required to file final schedules of assets?

Individuals and entities such as corporations, partnerships, and trusts that are undergoing liquidation, bankruptcy, or dissolution are generally required to file final schedules of assets.

How to fill out final schedules of assets?

To fill out final schedules of assets, one must list all assets, including real estate, personal property, and financial accounts, providing details such as descriptions, values, and locations, and ensuring that all information is accurate and complete.

What is the purpose of final schedules of assets?

The purpose of final schedules of assets is to provide a comprehensive summary of an individual’s or entity's assets, facilitating the proper distribution of assets in cases of liquidation or bankruptcy and ensuring transparency for stakeholders.

What information must be reported on final schedules of assets?

Final schedules of assets must report detailed descriptions of each asset, their estimated values, and any pertinent information related to ownership or encumbrances.

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