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Statement of Financial Affairs - Property Assigned for Creditor Benefit
Statement of Financial Affairs - Property Assigned for Creditor Benefit

How to enter SOFA (107) Line 12

Mandy Ballinger avatar
Written by Mandy Ballinger
Updated over 9 months ago

Question from SOFA line 12: Within 1 year before you filed bankruptcy, was any of your property in the possession of an assignee for the benefit of creditors, a court-appointed receiver, a custodian, or another official?

Where to enter this in NextChapter: Personal Property > Miscellaneous Property > Property: Assigned for Creditor Benefit Within 1 Year

In the Miscellaneous Property section, property assigned for the benefit of creditors can be added under the category Property: Assigned for Creditor Benefit Within 1 Year.
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