Florida > Federal > USBC Northern
Debtors Monthly Operating Report (Individual) 2c - Florida
| Debtors Monthly Operating Report (Individual) Form. This is a Florida form and can be used in USBC Northern Federal . |
|
||||||
 Get this form for FREE as a print-only pdf |
|||||||
|
U.S. Department of Justice Office of the United States Trustee ______________________________________________________________________________________________________ INSTRUCTIONS FOR PREPARATION OF DEBTOR'S CHAPTER 11 MONTHLY OPERATING REPORT INDIVIDUAL AND INDIVIDUAL WITH A SOLE-PROPRIETORSHIP Debtors-in-Possession and Trustees must file with the Bankruptcy Court, and serve on the United States Trustee, financial reports reflecting the activities of debtor(s) each month. While Local Rules or practice may vary regarding the filing of monthly operating reports, to the extent permissible, the required reports with attachments should be filed with the Bankruptcy Court and a complete copy of the report and all attachments, whether or not included with the report filed with the Bankruptcy Court, must be provided to the United States Trustee. These reports are to be submitted by the 20th of the month following the reporting period. Individual debtors who are not either a) operating a business or b) managing rental property are only required to complete: (1) Summary of Cash Receipts and Cash Disbursements; (2) Schedule of Household Cash Receipts and Cash Disbursements; (3) Questionnaire/Insurance - Attachment 1; (4) Bank Account Reconciliation - Attachment 2; and (5) Cash Disbursements DetailAttachment 3A. Individual debtors operating a business, including the management of rental property, as a sole-proprietor must complete,: (1) Summary of Cash Receipts and Cash Disbursements; (2) Schedule of Household Cash Receipts and Cash Disbursements; (3) Schedule of Business Cash Receipts and Cash Disbursements; (4) Questionnaire /Insurance-Attachment 1; (5) Bank Account Reconciliation-Attachment 2; (6) Cash Disbursements Detail-Attachments 3A, 3B, and 3C; (6) Account Receivable/Tax Information - Attachment 4; and (7) Account/Note Payable Information - Attachment 5. The following additional comments are provided to assist in the preparation of the forms provided by the United States Trustee. < CASH AT BEGINNING OF PERIOD. For your first report this will be the amount of cash-on-hand and cash in all bank accounts at the time of filing (Listed on Schedule B). For subsequent reports, this should be the cash balance from the prior month's report. < SUMMARY OF CASH RECEIPTS AND CASH DISBURSEMENTS. The amounts recorded on this Summary are obtained from the Schedule of Household Cash Receipts and Cash Disbursement Monthly Operating Report and Schedule of Business Cash Receipts and Cash Disbursement Monthly Operating Report. The Total Disbursements recorded on the Summary of Cash Receipts and Cash Disbursements is used to determine the quarterly fees due the United States Trustee. < SCHEDULE OF HOUSEHOLD AND BUSINESS CASH RECEIPTS AND CASH DISBURSEMENTS. The amounts reported should be taken directly from the debtor's books and records, not from the bank statement. For your first report the beginning cash balance will be cash on hand at the time of filing (Listed on Schedule B). For subsequent reports, the beginning cash balance should be the ending cash balance from the prior month. The beginning cash for the Cumulative Total should always be the actual beginning cash from the first Monthly Operating Report. The schedules are self-explanatory and the debtor will categorize all receipts and disbursements for the month. The debtor will also provide a separate schedule of all "Other" receipts and disbursements. American LegalNet, Inc. www.USCourtForms.com < ATTACHMENT 1 - QUESTIONNAIRE/INSURANCE INFORMATION. You must submit this information each month even if there have been no changes from the prior periods. If a new insurance policy is issued, coverage is changed, limits are changed, or if there is any other change in insurance coverage, a copy of the new certificate of insurance reflecting such changes must be attached. < ATTACHMENT 2 - BANK ACCOUNT RECONCILIATION. You must include each bank account, including savings accounts and negotiable instruments (e.g. certificates of deposit, money market accounts, stocks or bonds). < ATTACHMENT 3 - CHECK DISBURSEMENT DETAILS. A separate attachment must be utilized for each account. Itemize all checks written or wire transfers on each accounts. Debtors using computerized systems may submit computer-generated registers. The check disbursement details must account for ALL checks in sequential order, including those that have been voided. Additionally, the total amount recorded on the check disbursements detail must agree with the amounts recorded on either the Household or Business Schedule of Receipts and Disbursements. Note: All disbursements must be made by pre-numbered check. Counter checks are prohibited. Cash disbursements by the business are prohibited. Requests to use, create or maintain petty cash accounts must be submitted to the United States Trustee in writing. Cash disbursements by the individuals must be kept to a minimum and the debtor must maintain supportive documentation (i.e., receipts) for such disbursements over $100.00. < ATTACHMENT 4 - ACCOUNTS RECEIVABLE and POST-PETITION TAX INFORMATION. Debtors must show all accounts receivable requested on the attachment. Adjustments and writeoffs of any account receivable must be fully explained. Debtor must note all payroll tax deposits made during the period and attach copies of the payroll tax receipts. < ATTACHMENT 5- ACCOUNTS PAYABLE and SECURED CREDITOR PAYMENT TAX INFORMATION. Debtors must show all outstanding bills or invoices that have been received, but not paid. < The debtor must submit all attachments of the monthly operating report. Any attachments not applicable must be so noted on the attachment. The required reports with attachments should be stapled together and filed with the cover sheet listing the name, address and telephone number of debtor and debtor's attorney. Failure to submit Monthly Operating Reports will seriously jeopardize your case, and may result in the dismissal or conversion of your case to a Chapter 7. If you have any questions regarding these reports which your attorney cannot answer, your attorney should contact the attorney or bankruptcy analyst in the United States Trustee's office who is assigned to your case. American LegalNet, Inc. www.USCourtForms.com UNITED STATES BANKRUPTCY COURT ________________ DISTRICT OF _____________ __________________ DIVISION IN RE: } } } } } } CASE NUMBER: JUDGE CHAPTER 11 DEBTOR. DEBTOR'S MONTHLY OPERATING REPORT (INDIVIDUAL) FOR
|
|||||||
