Statement of Financial Affairs - Property Transferred within 10 years

How to enter SOFA (107) Line 19

Mandy Ballinger avatar
Written by Mandy Ballinger
Updated over a week ago

Question from SOFA line 19 - Within 10 years before you filed for bankruptcy, did you transfer any property to a self-settled trust or similar device of which you are a beneficiary?

Where to enter this in NextChapter: Personal Property > Miscellaneous Property > Select Property Type: Transferred  click (+) to add

A window will open > Select "Within 10 Years" from the dropdown menu

A property transfer that should be listed on line 19 of the Statement of Financial Affairs can be added as Property: Transferred under the Miscellaneous section. The Transfer Type must be marked as Within 10 Years for the information to be listed on line 19 of the SOFA. 

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