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Statement of Financial Affairs - Payments to Insiders

How to enter SOFA (107) Line 7

Mandy Ballinger avatar
Written by Mandy Ballinger
Updated over 4 years ago

Within 1 year before you filed for bankruptcy, did you make a payment on a debt you owed anyone who was an insider?

Where: Codebtors & Insiders > Insiders > New Insider
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Payments made to insiders can be added in the Codebtors & Insiders section. If the Payment made to insider (within 1 year) box is checked, the payment information will be listed on line 7 of the SOFA.
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