(1) Every debtor who is self-employed or operating a
business must file a monthly financial report known as a
Business Operating Statement (hereinafter called BOS). The
term self-employed includes a person who operates a business,
whether full or part time, or with another person. Also, a
person who is an independent contractor, subcontractor, works
on a contract labor basis, or any other work where taxes are
not deducted from the pay received, is self-employed. If you
have a job in addition to self-employment or business, you
still must file a BOS.
(2) The first BOS to be filed shall be for the actual
month in which you filed your Chapter 13 case. Then, a BOS
must be filed for each succeeding month. Each monthly BOS must
be filed by the 15 day of the following month.
(3) This form is your master copy. Put your
name(s) and
case number on it and then make copies to fill in for future
reports.
(4) File the original BOS each month with the
Bankruptcy Court. If you want a court-stamped copy returned to
you from the Court, then provide an additional copy with a
self-addressed, stamped envelope with the original. Where to
file the BOS:
FOR CASES FILED IN PHOENIX:
FOR BULLHEAD CITY & YUMA CASES:
Clerk of the Bankruptcy Court Clerk of the Bankruptcy Court
230 North First Avenue Suite D
Phoenix, AZ 85003
325 West l9th Street
Yuma, Arizona 85364
(5) Send a copy to your Chapter 13 Trustee:
(a) Russell A.
Brown, P.O. Box 33970, Suite 100, 3838 North Central,
Phoenix, Arizona 85012.
(b) Edward Maney, Esq., PO Box 10434, 4020 N. 20th Street,
#306, Phoenix Arizona 85064-0434
Do not send the BOS with your
plan payments which go to a different Post Office Box. Ask
your attorney if you are to send him or her a copy.
(6) The BOS is a cash-based report. Do not
use an accrual accounting method for this report. Thus, do not
include any intangible expenses such as depreciation, bad
debts, and loss carry forward.
(7) This form is designed for a small business
operation. If you have categories of expenses not shown in the
form, you should list them under other expenses. If necessary,
you may attach an explanatory form to the BOS.
(8) Each monthly report must be signed and dated. If
this is a joint case, both debtors must sign even though only
one debtor operates the business or is self-employed.
Publication 1854 (Rev. 4-97) U.S. GPO: 19S8-432-213/71751
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